Hashtag: #PartnerRe

A.M. Best Revise PartnerRe Outlooks To Positive

A.M. Best Revise PartnerRe Outlooks To Positive

A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a+” for most of the operating subsidiaries of Bermuda-based PartnerRe Ltd. A statement from the ratings agency said, “Concurrently, A.M. Best has upgraded the... Read more of this article

PartnerRe Announce Claim Analytics Acquisition

PartnerRe Announce Claim Analytics Acquisition

PartnerRe Ltd announced the acquisition of the assets of Claim Analytics, a Canadian based provider of predictive analytics solutions to the insurance industry. Since its formation in 2001, Claim Analytics has provided predictive modeling solutions to the insurance industry in North America. The company is uniquely positioned in that it has successfully... Read more of this article

PartnerRe First Quarter Net Loss: $120 Million

PartnerRe First Quarter Net Loss: $120 Million

Bermuda-based PartnerRe Ltd. reported a net loss attributable to common shareholder of $120 million for the first quarter of 2018 compared to net income of $38 million for the same period of 2017. “The net loss attributable to common shareholder for the first quarter of 2018 includes net unrealized investment losses of approximately $222 million,... Read more of this article

PartnerRe Declare Preferred Shares Dividends

PartnerRe Declare Preferred Shares Dividends

Bermuda-based PartnerRe Ltd. declared a dividend for the period March 1, 2018 – May 31, 2018 of $0.40625 per share on the Company’s 6.50% Series G Cumulative Redeemable Preferred Shares, $0.453125 per share on the Company’s 7.25% Series H Cumulative Redeemable Preferred Shares, and $0.3671875 on the Company’s 5.875% Series F and Series I Non-Cumulative... Read more of this article

PartnerRe: ‘We Delivered Solid Financial Results’

PartnerRe: ‘We Delivered Solid Financial Results’

Bermuda-based PartnerRe Ltd.reported a net income available to common shareholder of $72 million for the fourth quarter of 2017 compared to a net loss of $191 million for the same period of 2016. Net income available to common shareholder was $218 million for the full year 2017 compared to $387 million for 2016. Operating losses were $28 million for... Read more of this article

Farming Technology And Agriculture Insurance

Farming Technology And Agriculture Insurance

Bermuda-based PartnerRe announced a deal with Farmers Edge, a global leader in decision agriculture, that will help insurers to close the insurance gap among farmers across all continents. “This exclusive, four-year agreement between Farmers Edge and PartnerRe brings together precision farming technology and agriculture insurance in a landmark... Read more of this article

PartnerRe Declare Preferred Shares Dividends

PartnerRe Declare Preferred Shares Dividends

Bermuda-based PartnerRe Ltd. has declared a dividend for the period December 1, 2017 –February 28, 2018 of $0.40625 per share on the Company’s 6.50% Series G Cumulative Redeemable Preferred Shares, $0.453125 per share on the Company’s 7.25% Series H Cumulative Redeemable Preferred Shares, and $0.3671875 on the Company’s 5.875% Series F and... Read more of this article

Schools Receive $30K Each In Dollars For Hours

Schools Receive $30K Each In Dollars For Hours

[Updated with photos] 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 hosted by PartnerRe to celebrate and showcase the students’ achievements, PartnerRe’s Brand Manager, Jaime Masters... Read more of this article

PartnerRe Reports Q3 & Nine Month Results

PartnerRe Reports Q3 & Nine Month Results

Bermuda-based PartnerRe Ltd. reported a net loss available to common shareholder of $84 million for the third quarter of 2017 compared to net income of $240 million for the same period of 2016. Net income or loss available to common shareholder includes net realized and unrealized investment gains of $61 million in the third quarter of 2017 compared... Read more of this article

PartnerRe Declare Preferred Shares Dividends

PartnerRe Declare Preferred Shares Dividends

Bermuda-based PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period September 1, 2017 – November 30, 2017 of $0.40625 per share on the Company’s 6.50% Series G Cumulative Redeemable Preferred Shares, $0.453125 per share on the Company’s 7.25% Series H Cumulative Redeemable Preferred Shares, and $0.3671875... Read more of this article

PartnerRe Estimate $475M Catastrophe Losses

PartnerRe Estimate $475M Catastrophe Losses

Bermuda-based PartnerRe Ltd. estimates their combined catastrophe losses in the third quarter of 2017 to be  approximately $475 million [pre-tax, net of retrocession and reinstatement premiums] from Hurricanes Harvey, Irma and Maria. The company said their estimate of losses for these events is “based on a preliminary analysis of the Company’s... Read more of this article

PartnerRe Declare Preferred Shares Dividends

PartnerRe Declare Preferred Shares Dividends

Bermuda-based PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period June 1, 2017 – August 31, 2017 of $0.40625 per share on the Company’s 6.50% Series G Cumulative Redeemable Preferred Shares, $0.453125 per share on the Company’s 7.25% Series H Cumulative Redeemable Preferred Shares, and $0.3671875 on the... Read more of this article

PartnerRe Reports Q2 & Half Year Results

PartnerRe Reports Q2 & Half Year Results

Bermuda-based PartnerRe Ltd. reported a net income available to common shareholder of $191 million for the second quarter of 2017 compared to $137 million for the same period in 2016. Net income available to common shareholder includes net realized and unrealized gains on investments of $129 million in the second quarter of 2017 compared to a $192 million... Read more of this article