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PartnerRe January 2016 Non-Life Renewal Data

PartnerRe January 2016 Non-Life Renewal Data

PartnerRe Ltd. announced that during the January 1, 2016 treaty renewal season it expects to write and bind approximately $2.5 billion of Non-Life treaty premium. On a constant foreign exchange basis, this represents a decrease of 5% from the renewable premium base. The Company renews approximately 65% percent of its total annual Non-Life treaty business... Read more of this article

PartnerRe Appoints Chairatch Phrompechrut

PartnerRe Appoints Chairatch Phrompechrut

PartnerRe Ltd. announced that Chairatch Phrompechrut has been appointed to the position of Head of Strategic Ventures. Mr. Phrompechrut will report to Marvin Pestcoe, CEO Life, Health and Strategic Ventures. In this position, Mr. Phrompechrut will lead the effort to pursue investments in business development opportunities and partnerships. Mr. Phrompechrut... Read more of this article

PartnerRe Establishes Branch Office In Dubai

PartnerRe Establishes Branch Office In Dubai

Bermuda-based PartnerRe Ltd. announced that subsidiary, Partner Reinsurance Europe SE, was granted a license from the Dubai Financial Services Authority [“DFSA”] to operate as an Authorised Firm in the Dubai International Financial Centre [“DIFC”], effective December 16, 2015. The company said, “PartnerRe’s branch office in the DIFC... Read more of this article

Photos: $240,000 Donated In ‘Dollars For Hours’

Photos: $240,000 Donated In ‘Dollars For Hours’

[Updated with video] Eight local secondary schools received $30,000 each at the culmination of PartnerRe Ltd.’s successful Dollars for Hours project that pairs student volunteers with local charities on community projects. At an event held this evening [Dec 8] hosted by PartnerRe to celebrate and showcase the students’ achievements, PartnerRe’s... Read more of this article

PartnerRe Shareholders Approve Acquisition

PartnerRe Shareholders Approve Acquisition

Bermuda-based PartnerRe Ltd. confirmed that its shareholders voted to approve the proposed acquisition of the Company by EXOR, and all related transactions, at a Special General Meeting of shareholders held at the Company’s offices in Bermuda on Thursday [Nov 19]. “The acquisition of PartnerRe Ltd. by EXOR was originally announced on August... Read more of this article

PartnerRe Appoint Dan Bolgar Head Of Health

PartnerRe Appoint Dan Bolgar Head Of Health

Bermuda-based PartnerRe Ltd. announced that Dan Bolgar, formerly CEO at AXIS Accident & Health Reinsurance, has been appointed Head of Health at PartnerRe effective November 16, 2015. Mr. Bolgar will be based out of PartnerRe’s Minneapolis office reporting to Marvin Pestcoe, CEO Life & Health PartnerRe. His appointment follows the announcement... Read more of this article

PartnerRe Reports Q3 And Nine Month Results

PartnerRe Reports Q3 And Nine Month Results

Bermuda-based PartnerRe Ltd. reported a net loss of $243.3 million, or $5.08 per share for the third quarter of 2015. This includes the amalgamation termination fee and reimbursement of expenses paid to Axis Capital of $315.0 million, or $6.58 per share, and net after-tax realized and unrealized losses on investments of $121.8 million, or $2.54 per... Read more of this article

PartnerRe Estimate Explosion Losses: $50-70M

PartnerRe Estimate Explosion Losses: $50-70M

Bermuda-based PartnerRe Ltd. said that the Company estimates that losses relating to the explosion in Tianjin, China in August this year will be between $50 million and $70 million pre-tax and net of retrocession and reinstatement premiums. “These losses will be recorded in the Company’s third quarter 2015 results, and they will be recorded... Read more of this article

PartnerRe To Hold Meeting: Vote On Merger

PartnerRe To Hold Meeting: Vote On Merger

Bermuda-based PartnerRe Ltd announced that a Special General Meeting of shareholders will take place on Thursday, November 19, 2015 to vote on the previously announced merger agreement between PartnerRe and EXOR, and all related transactions. The Company filed a Definitive Proxy Statement with the Securities and Exchange Commission on September 25,... Read more of this article

PartnerRe “Go-Shop” Period Has Expired

PartnerRe “Go-Shop” Period Has Expired

Bermuda-based PartnerRe Ltd. announced that the “go-shop” period provided for in the previously announced merger agreement entered into on August 2, 2015 between PartnerRe and EXOR S.p.A., has expired. Under the merger agreement, PartnerRe had the right to solicit alternative acquisition proposals from third parties during a “go shop” period... Read more of this article

Emmanuel Clarke Appointed PartnerRe President

Emmanuel Clarke Appointed PartnerRe President

The Board of Directors of Bermuda-based PartnerRe Ltd. announced the appointment of Emmanuel Clarke as President of PartnerRe Ltd. effective September 8, 2015. Mr. Clarke will be responsible for leading and managing all of the Company’s operations. David Zwiener, Interim President and CEO since January 26, 2015, will remain in the role of Interim... Read more of this article

Forbes Names PartnerRe As “Most Trustworthy”

Forbes Names PartnerRe As “Most Trustworthy”

PartnerRe Ltd., a leading international reinsurer with a large presence in Bermuda, has been recognized by Forbes magazine as America’s Most Trustworthy Financial Company. This is a yearly ranking that includes publicly-traded North American companies of all sizes and industries. Forbes partnered with MSCI ESG Research to develop the list, analyzing... Read more of this article

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