Hashtag: #PartnerRe
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 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 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 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 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 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 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 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
PartnerRe Appoints Thierry Derez As Chairman
PartnerRe Ltd has appointed Thierry Derez, Chief Executive Officer of Covéa Group, as Chairman of the Company’s Board of Directors, with additional changes to the Board also being made. A spokesperson said, “PartnerRe Ltd today announced that, in connection with the close of the transaction announced on July 12, 2022, Thierry Derez, Chief Executive... Read more of this article
PartnerRe Appoints Sima Ruparelia
PartnerRe Ltd. announced that Sima Ruparelia will join PartnerRe, effective June 27, in the role of Chief Actuarial and Risk Officer. A spokesperson said, “Ms. Ruparelia will be responsible for Risk and Capital, Non-Life Reserving and Pricing and Life Reserving [2nd Line]. She will be based in London and will report to PartnerRe’s President and... 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 March 15, 2022 – June 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 June 15, 2022 to shareholders of record on May 31, 2022. Related Stories PartnerRe... Read more of this article
PartnerRe Reports First Quarter 2022 Results
PartnerRe Ltd. reported a net loss attributable to common shareholder of $539 million for the first quarter of 2022, compared to a net loss of $66 million for the same period of 2021. Operating income was $174 million for the first quarter of 2022, compared to operating income of $42 million for the same period of 2021. Operating income for the first... Read more of this article
