Our History

In 1993, PartnerRe was founded with a singular goal: to bring expert catastrophe reinsurance to a market in need of capacity. Our focus was clear, but our ambition to serve clients dealing with a broad spectrum of risk challenges demanded a more diverse offer. Over the following two decades, our capabilities grew, positioning us as a global reinsurer who could step up to any challenge. Our acquisition by EXOR in 2016 solidified our position as a pure-play reinsurer and guaranteed we’d continue to serve clients as long-term partners.

Milestones Along Our Journey

1993
PartnerRe is established with $1 billion of capital, bringing much-needed capacity to a market in crisis.

1997
PartnerRe acquires SAFR, expanding its scope of business from specialized catastrophe to multiline reinsurer.

1998
PartnerRe acquires Winterthur Re, solidifying its position as a new leading global reinsurer. PartnerRe US is established, demonstrating our commitment to the US market.

2001
PartnerRe proves its stability and financial security despite sustaining $347 million in losses due to the 9/11 terrorist attacks.

2005
Hurricane Katrina, the largest insured event in history, produces claims of $45 billion for the insurance industry and $511 million for PartnerRe.

2008
PartnerRe produces strong operating results against the backdrop of the global financial crisis and the third-worst year in history for catastrophes.

2009
PartnerRe becomes a top-five reinsurer worldwide following the acquisition of Paris Re.

2012
PartnerRe expands its specialty capabilities and product diversification with the acquisition of Presidio – a leading accident and health underwriter.

2016
PartnerRe acquired by EXOR, one of Europe’s leading investment companies.

2017
PartnerRe acquires Aurigen, a leading North American life reinsurance company.

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