Hashtag: #PartnerRe
PartnerRe Reports 2024 First Half Results
PartnerRe Ltd. reported first half 2024 results. A spokesperson said, “PartnerRe Ltd. [the Company] today reported first half 2024 results. Highlights Gross premiums written of $5.3 billion Net income attributable to PartnerRe Ltd. of $358 million Operating income of $366 million and operating income return on equity of 8.9% Non-life underwriting... Read more of this article
Banyan Risk Unveils Partnership With PartnerRe
Banyan Risk Ltd, the specialty Managing General Agent [MGA], has announced a long-term strategic partnership with global reinsurer PartnerRe to write Excess Casualty Insurance, subject to approval by the Bermuda Monetary Authority [BMA]. A spokesperson said, “The collaboration will see PartnerRe provide capacity and shareholder support for the... Read more of this article
PartnerRe Dividend On Preferred Shares
PartnerRe Ltd. announced a dividend of $0.3046875 per Series J preferred share for March 15 to June 14, payable on June 17, 2024, to shareholders of record as of May 31, 2024. A spokesperson said, “PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period March 15, 2024 – June 14, 2024 of $0.3046875 per share... Read more of this article
PartnerRe Reports Full Year 2023 Results
PartnerRe reported full year 2023 results, with net income available to common shareholder of $2,308 million, operating income of $1,447 million, and CEO Jacques Bonneau announcing retirement effective March 2024. A spokesperson said, “PartnerRe Ltd. today reported Full Year 2023 Results. Highlights Net income available to common shareholder... Read more of this article
PartnerRe Declares Dividend On Shares
PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period December 15, 2023 – March 14, 2024 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, 2024 to shareholders of record on February 29, 2024. Related Stories PartnerRe... Read more of this article
AM Best Confirms Strong Ratings For PartnerRe
AM Best confirmed strong ratings for PartnerRe Ltd. and its subsidiaries, noting stability despite leadership changes. The ratings agency said, “AM Best has affirmed the Financial Strength Rating [FSR] of A+ [Superior] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “aa-” [Superior] of the operating subsidiaries of PartnerRe Ltd.... Read more of this article
PartnerRe Announces Retirement Of CEO
PartnerRe Ltd. announced the retirement of Jacques Bonneau, with Philippe Meyenhofer succeeding him as Chief Executive Officer and joining the Board of Directors. A spokesperson said, “PartnerRe Ltd. [the Company] today announced that effective April 1, 2024, Jacques Bonneau will retire from the Company and Philippe Meyenhofer will succeed him... Read more of this article
PartnerRe Appoint Dubreuil & Bucchini
Emmanuel Dubreuil and François Bucchini have been appointed to PartnerRe’s Board of Directors. A spokesperson said, “PartnerRe Ltd. today announced two new appointments to its Board of Directors. Joining the Board are Emmanuel Dubreuil and François Bucchini, effective November 7, 2023. Mr. Dubreuil and Mr. Bucchini replace Sylvestre Frézal... Read more of this article
PartnerRe Declares Preferred Shares Dividend
PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period June 15, 2023 – September 14, 2023 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, 2023 to shareholders of record on August 31, 2023. Related Stories PartnerRe... Read more of this article
PartnerRe Reports First Half 2023 Results
PartnerRe Ltd. reported net income attributable to common shareholder of $783 million, an improvement of $1,786 million, for an annualized return on equity of 23.9%. PartnerRe President and Chief Executive Officer Jacques Bonneau commented, “Favorable market conditions persist half way through 2023, and we remain focused on our disciplined approach... Read more of this article
AM Best Affirms Credit Ratings Of PartnerRe
AM Best has affirmed the Financial Strength Rating [FSR] of A+ [Superior] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “aa-” [Superior] of the operating subsidiaries of PartnerRe Ltd. [collectively referred to as PartnerRe]. Concurrently, AM Best has affirmed the Long-Term ICR of “a-” [Excellent] of PartnerRe Ltd. [Pembroke, Bermuda].... Read more of this article
PartnerRe Reports Q4 & Full Year 2022 Results
PartnerRe Ltd. reported their latest financial results, saying that “our operating performance for the fourth quarter of 2022 was excellent, with operating income of $370 million.” A statement from the company said, “Net loss attributable to common shareholder was $1,100 million for the full year 2022, compared to income of $679 million... Read more of this article
