PartnerRe Ltd. is formed as a specialized catastrophe reinsurer by founding President & CEO, Herbert Haag. An initial public offering is completed and the Company starts operations, with a total capitalization of about $1 billion. 1996
PartnerRe Ltd. is listed on the New York Stock Exchange, trading symbol: PRE 1997
Acquisition and integration of SAFR, the 115-year-old Paris-based reinsurer, expanding the company's scope of business.
Acquisition of Winterthur Re, the reinsurance operations of Winterthur Insurance Group, is completed. The acquisition significantly increases the Company’s size and depth in terms of assets, premiums written, technical expertise and employees, solidifying its position as a global multi-line reinsurer.
PartnerRe U.S. is established, combining the U.S. organizations of SAFR and Winterthur Re, and infused with $328 million of capital, demonstrating PartnerRe’s commitment to the U.S. reinsurance market.
A new department is dedicated to alternative risk transfer, to prepare for the convergence of reinsurance and capital markets.
Patrick Thiele appointed President & CEO of PartnerRe Ltd following the retirement of founding President & CEO, Herbert Haag.
PartnerRe withstands $400 million of losses from the September 11 terrorist attacks.
PartnerRe U.S. begins to write U.S. specialty casualty business to meet the risk management needs of U.S. cedants
PartnerRe celebrates its 10th Year.
$10.9 billion in assets
$3.2 billion total capitalization
$2.6 billion shareholders; equity
Hurricane Katrina, the largest insured event in history produces claims of $45 billion for the insurance industry and $511 million for PartnerRe.
PartnerRe becomes a top-five reinsurer worldwide following the acquisition of PARIS RE, a French-listed, Swiss-based diversified reinsurer.
$23.7 billion in assets
$8.0 billion in total capitalization
$7.6 billion total shareholders' equity
Patrick Thiele, President and CEO, announces his retirement effective December 31, 2010. Costas Miranthis, CEO, PartnerRe Global named CEO designate.
Despite sustaining $1.8 billion in catastrophe losses, PartnerRe’s long-term performance remains strong.
PartnerRe expands its specialty capabilities and product diversification with the acquisition of Presidio – a leading health underwriter.
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