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PartnerRe Dividends On Preferred Shares

PartnerRe Dividends On Preferred Shares

PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period June 15, 2022 – September 14, 2022 of $0.3046875 per share on the Company’s 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J. The dividend is payable on September 15, 2022 to shareholders of record on August 31, 2022. Related Stories PartnerRe... Read more of this article

PartnerRe Reports Q2 & Half Year 2022 Results

PartnerRe Reports Q2 & Half Year 2022 Results

PartnerRe Ltd. reported net loss attributable to common shareholder of $606 million for the second quarter of 2022, compared to income of $314 million for the same period of 2021. A statement from the company said, “Net loss attributable to common shareholder was $1,146 million for the half year 2022, compared to income of $248 million for the... Read more of this article

AM Best Comments: Covéa & PartnerRe Ratings

AM Best Comments: Covéa & PartnerRe Ratings

AM Best has commented that the Financial Strength Rating [FSR] of A [Excellent] and the Long-Term Issuer Credit Rating [Long-Term ICR] of “a+” [Excellent] of Covéa Coopérations [Covéa Coop] [France] remain unchanged following the announcement that it has completed the acquisition of PartnerRe Ltd. [PartnerRe] from Exor N.V. These Credit Ratings... Read more of this article

PartnerRe Appoints Thierry Derez As Chairman

PartnerRe Appoints Thierry Derez As Chairman

PartnerRe Ltd has appointed Thierry Derez, Chief Executive Officer of Covéa Group, as Chairman of the Company’s Board of Directors, with additional changes to the Board also being made. A spokesperson said, “PartnerRe Ltd today announced that, in connection with the close of the transaction announced on July 12, 2022, Thierry Derez, Chief Executive... Read more of this article

PartnerRe Appoints Sima Ruparelia

PartnerRe Appoints Sima Ruparelia

PartnerRe Ltd. announced that Sima Ruparelia will join PartnerRe, effective June 27, in the role of Chief Actuarial and Risk Officer. A spokesperson said, “Ms. Ruparelia will be responsible for Risk and Capital, Non-Life Reserving and Pricing and Life Reserving [2nd Line]. She will be based in London and will report to PartnerRe’s President and... Read more of this article

PartnerRe Declares Preferred Shares Dividend

PartnerRe Declares Preferred Shares Dividend

PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period March 15, 2022 – June 14, 2022 of $0.3046875 per share on the Company’s 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J. The dividend is payable on June 15, 2022 to shareholders of record on May 31, 2022. Related Stories PartnerRe... Read more of this article

PartnerRe Reports First Quarter 2022 Results

PartnerRe Reports First Quarter 2022 Results

PartnerRe Ltd. reported a net loss attributable to common shareholder of $539 million for the first quarter of 2022, compared to a net loss of $66 million for the same period of 2021. Operating income was $174 million for the first quarter of 2022, compared to operating income of $42 million for the same period of 2021. Operating income for the first... Read more of this article

PartnerRe Reports Q4 & Full Year 2021 Results

PartnerRe Reports Q4 & Full Year 2021 Results

PartnerRe reported net income available to common shareholder of $362 million for the fourth quarter of 2021, compared to income of $204 million for the same period of 2020. A spokesperson said, “Net income available to common shareholder was $679 million for the full year 2021, compared to income of $206 million for the same period of 2020. “Operating... Read more of this article

PartnerRe Declares Dividend On Preferred Shares

PartnerRe Declares Dividend On Preferred Shares

PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period December 15, 2021 – March 14, 2022 of $0.3046875 per share on the Company’s 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J. The dividend is payable on March 15, 2022 to shareholders of record on February 28, 2022. Related Stories PartnerRe... Read more of this article

PartnerRe Declares Preferred Shares Dividend

PartnerRe Declares Preferred Shares Dividend

PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period December 15, 2021 – March 14, 2022 of $0.3046875 per share on the Company’s 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J. The dividend is payable on March 15, 2022 to shareholders of record on February 28, 2022. Related Stories PartnerRe... Read more of this article

AM Best Comments On PartnerRe Ratings

AM Best Comments On PartnerRe Ratings

AM Best has commented that the Financial Strength Rating of A+ [Superior] and the Long-Term Issuer Credit Rating of “aa-” [Superior] for the members of PartnerRe Ltd. [Bermuda] remain unchanged following the signing of a definitive agreement between EXOR N.V. and Covéa Coopérations for the sale of PartnerRe Ltd. and its members. A statement from... Read more of this article

PartnerRe Declares Preferred Shares Dividend

PartnerRe Declares Preferred Shares Dividend

PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period September 15, 2021 – December 14, 2021 of $0.3046875 per share on the Company’s 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J. The dividend is payable on December 15, 2021 to shareholders of record on November 30, 2021. Related Stories PartnerRe... Read more of this article

PartnerRe Donates $45,000 To Support Students

PartnerRe Donates $45,000 To Support Students

PartnerRe Ltd. has donated a total of $45,000 towards the cost of lateral antigen testing in schools “to help keep students in the classroom, despite the challenges associated with the pandemic.” The company made a $5,000 donation via ABIR’s collective initiative in support of public schools, and an additional $5,000 donation to eight... Read more of this article