Hashtag: #PartnerRe

PartnerRe Declares Dividend On Shares

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 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 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

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 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 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 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 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

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, 2022 – March 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 March 15, 2023 to shareholders of record on February 28, 2023. Related Stories PartnerRe... Read more of this article

AM Best Assigns Ratings To PartnerRe Solutions

AM Best Assigns Ratings To PartnerRe Solutions

AM Best has assigned a Financial Strength Rating of A+ [Superior] and a Long-Term Credit Rating of “aa-” [Superior] to PartnerRe Insurance Solutions Bermuda Ltd.. The outlook assigned to these Credit Ratings is stable. PartnerRe Ins Solutions BM Ltd is a newly added member of PartnerRe Ltd. The ratings agency said, “The ratings reflect PartnerRe... Read more of this article

PartnerRe Appoints Jeffery And Frezal

PartnerRe Appoints Jeffery And Frezal

PartnerRe Ltd. has appointed Reuben Jeffery III and Sylvestre Frezal to PartnerRe’s Board, both effective immediately. A spokesperson said, “PartnerRe Ltd. today announced two appointments to its Board of Directors. Joining the Board are Reuben Jeffery III, as an independent director, and Sylvestre Frezal, both effective immediately. “Reuben... 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, 2022 – December 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 December 15, 2022 to shareholders of record on November 30, 2022. Related Stories PartnerRe... Read more of this article

PartnerRe Report Loss For 2022 Third Quarter

PartnerRe Report Loss For 2022 Third Quarter

PartnerRe Ltd reported net loss attributable to common shareholder of $387 million for the third quarter of 2022, compared to income of $70 million for the same period of 2021. A spokesperson said, “Net loss attributable to common shareholder was $1,533 million for the first nine months of 2022, compared to income of $317 million for the same... Read more of this article

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