Hashtag: #PartnerRe

Fitch Affirms PartnerRe’s Ratings, Outlook Stable

Fitch Affirms PartnerRe’s Ratings, Outlook Stable

Fitch Ratings has affirmed PartnerRe Ltd.’s [PRE] ratings, including its ‘A-’ Issuer Default Rating [IDR] and the ‘A+’ [Strong] Insurer Financial Strength [IFS] rating of Partner Reinsurance Company Ltd. The Rating Outlook is Stable. A statement from the ratings agency said, “The affirmation reflects the company’s... Read more of this article

Video: PartnerRe Donate $240,000 To Schools

Video: PartnerRe Donate $240,000 To Schools

Eight local secondary schools received $30,000 each at the culmination of PartnerRe Ltd.’s Dollars for Hours project that pairs student volunteers with local charities on community projects. At a showcase hosted this evening [Dec 4] by PartnerRe to celebrate the students’ achievements, PartnerRe’s Brand Manager, Jaime Masters McDowell and Junior... 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 attributable to common shareholder of $106 million for the quarter, which includes net unrealized investment losses on fixed income securities of $53 million and net foreign exchange losses of $17 million. This compared to a net loss of $84 million for the same period of 2017, which included net unrealized... Read more of this article

PartnerRe Declare Preferred Shares Dividends

PartnerRe Declare Preferred Shares Dividends

Bermuda-based PartnerRe has declared a dividend for the period September 1, 2018 – November 30, 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... Read more of this article

Register For PartnerRe Women’s 5K Run & Walk

Register For PartnerRe Women’s 5K Run & Walk

Registration for this year’s PartnerRe Women’s 5K Run & Walk is open with hundreds of women expected to take part in the event, which raises money for charity. The event will take place on Sunday [Oct 14] at the Botanical Gardens in Paget with the girls’ 2K race [under 15] getting started at 8.15am, followed by the Women’s 5K Run at... Read more of this article

PartnerRe Make Board & Leadership Changes

PartnerRe Make Board & Leadership Changes

PartnerRe announced that effective September 1, 2018, Brian Dowd will succeed John Elkann as Chairman of the Company’s Board of Directors. Mr. Elkann, who is Chairman and CEO of EXOR, will remain on the Board. Mr. Elkann commented, “Over the past two years, under Emmanuel Clarke’s leadership, our company has performed strongly notwithstanding... 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, 2018 – August 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... Read more of this article

PartnerRe Reports Q2 & Half Year Results

PartnerRe Reports Q2 & Half Year Results

Bermuda-based PartnerRe reported a net income available to common shareholder of $125 million for the second quarter of 2018, which includes net unrealized investment losses on fixed income securities of $79 million. This compared to a net income of $191 million for the same period of 2017, which included net unrealized investment gains on fixed income... Read more of this article

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