PartnerRe News

Net loss attributable to common shareholder of $66 million, driven by $344 million of net unrealized losses on fixed maturities due to risk free rate movements which are recorded at fair value. This mark to market volatility was partially offset by $83 million of realized gains on private equities and $107 million of net unrealized […]

PEMBROKE, Bermuda, April 1, 2021 – PartnerRe Ltd. (“PartnerRe”) today announced that it will redeem all of its outstanding 6.50% Series G Cumulative Redeemable Preferred Shares (the “Series G Preferred Shares), 7.25% Series H Cumulative Redeemable Preferred Shares (the “Series H Preferred Shares”) and 5.875% Series I Non-Cumulative Redeemable Preferred Shares (the “Series I Preferred […]

PEMBROKE, Bermuda, March 15, 2021 – PartnerRe Ltd. (“PartnerRe”) today announced that it has completed its offering of 8 million shares of its 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J (the “Series J Preferred Shares”), for gross proceeds of $200 million. The Series J Preferred Shares, which have a liquidation value of $25.00 […]

Net income available to common shareholder of $206 million for the year and $204 million for the discrete fourth quarter Non-life underwriting result of $21 million (combined ratio of 98.6%) and Life and Health allocated underwriting profit of $22 million for the quarter Total investments and cash and cash equivalents grew 12.8% to above $20 […]

PEMBROKE, Bermuda, February 18, 2021 – PartnerRe Ltd. today announced that Enrico Vellano has been appointed to its Board of Directors, succeeding John Elkann as Exor’s representative, effective February 18, 2021. Mr. Vellano is the Chief Financial Officer of Exor. He started his working experience in 1997 at IFIL, the investment company controlled by the Agnelli […]