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Six Employees Made Redundant At PartnerRe

Six Employees Made Redundant At PartnerRe

Six employees have been made redundant in the Bermuda offices of PartnerRe, with the company saying it was a “very tough decision to make” and is a “result of a reorganization of PartnerRe’s Finance function.” A spokesperson from PartnerRe told Bernews, “We can confirm that six jobs have been made redundant in Bermuda, of... Read more of this article

PartnerRe Reports Q4 & Full Year 2016 Results

PartnerRe Reports Q4 & Full Year 2016 Results

Bermuda-based PartnerRe Ltd. reported a net loss attributable to PartnerRe common shareholders of $191 million for the fourth quarter of 2016 compared to a net income for the fourth quarter of 2015 of $162 million. Operating earnings was $125 million for the fourth quarter of 2016, compared to operating earnings of $184 million for the fourth quarter... 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, 2016 – February 28, 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 Company’s 5.875% Series F and... Read more of this article

Photos: $240,000 Donated In “Dollars For Hours”

Photos: $240,000 Donated In “Dollars For Hours”

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 McDowell and Minister... Read more of this article

Partner Re Staff Assist At Seniors Home

Partner Re Staff Assist At Seniors Home

23 employees from Partner Re engaged in a day of community service at Packwood Home, a non-profit organisation dedicated to providing quality care to our island’s seniors. Partner Re employees rolled up their sleeves and pitched in with projects that needed extra pairs of helping hands. The team of volunteers enthusiastically tackled painting projects,... 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 September 1, 2016 – November 30, 2016 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

PartnerRe Third Quarter Net Income: $240.3M

PartnerRe Third Quarter Net Income: $240.3M

Bermuda-based PartnerRe Ltd. reported a net income of $240.3 million for the third quarter of 2016. This includes net after-tax realized and unrealized gains on investments of $56.4 million. The net loss for the third quarter of 2015 was $243.3 million, including net after-tax realized and unrealized losses on investments of $121.8 million and the... Read more of this article

PartnerRe Acquires Aurigen Capital Limited

PartnerRe Acquires Aurigen Capital Limited

PartnerRe Ltd. and Aurigen Capital Limited announced a definitive agreement for PartnerRe to acquire 100% of the outstanding ordinary shares of Aurigen, a North American life reinsurance company. Since its formation in 2007, Aurigen has leveraged its technical expertise, longstanding relationships, and local knowledge to serve clients and is today a... Read more of this article

PartnerRe Redemption Of $250M Senior Notes

PartnerRe Redemption Of $250M Senior Notes

Bermuda-based PartnerRe Ltd. announced that its wholly owned subsidiary, PartnerRe Finance A LLC, has called for the redemption of all $250 million of its outstanding 6.875% Senior Notes due 2018. The redemption date will be November 1, 2016. The redemption price for the Notes will be equal to the greater of [i] 100% of the principal amount of the... Read more of this article

Photos: PartnerRe Women’s 5K Run & Walk

Photos: PartnerRe Women’s 5K Run & Walk

The PartnerRe Women’s 5K Run and Walk took place this morning [Oct 2] starting from the Botanical Gardens, with hundreds of women taking part in the event. Now in its 19th year, the PartnerRe Women’s 5K Run & Walk is presented by Mid-Atlantic Athletic Club, sponsored by PartnerRe Ltd, and sanctioned by the Bermuda National Athletics Association. One... Read more of this article

PartnerRe Women’s 5K Run & Walk On Oct 2

PartnerRe Women’s 5K Run & Walk On Oct 2

Now in its 19th year, the PartnerRe Women’s 5K Run & Walk is presented by Mid-Atlantic Athletic Club [MAAC], sponsored by PartnerRe Ltd. and sanctioned by the Bermuda National Athletics Association [BNAA]. One of the few all female events on Bermuda’s sporting calendar, it includes a 5K race for women, a 5K walk and a 2K run for girls under... Read more of this article

PartnerRe Appoints Beedle, Head Of Asia-Pacific

PartnerRe Appoints Beedle, Head Of Asia-Pacific

Bermuda-based PartnerRe Ltd. announced that, subject to regulatory approval, James Beedle will be appointed to the position of Head of Asia-Pacific & CEO of Partner Reinsurance Asia Pte. Ltd., to head up PartnerRe’s business operations in that region. He will take up his position on January 1, 2017 replacing outgoing Head of Asia-Pacific, Alain... Read more of this article

PartnerRe Appoint Two Non-Executive Directors

PartnerRe Appoint Two Non-Executive Directors

Bermuda-based PartnerRe Ltd. announced that Bilge Ogut and Nikhil Srinivasan have been appointed to its Board of Directors. Ms. Ogut is Head of Private Equity in Europe at Partners Group, the global private markets investment manager firm, and is a member of Partners Group’s Private Equity Directs Investment Committee and Private Equity Primaries... Read more of this article