Hashtag: #PartnerRe

PartnerRe Appoints Thierry Derez As Chairman

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 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 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 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

PartnerRe Reports Q4 & Full Year 2021 Results

PartnerRe Reports Q4 & Full Year 2021 Results

PartnerRe reported net income available to common shareholder of $362 million for the fourth quarter of 2021, compared to income of $204 million for the same period of 2020. A spokesperson said, “Net income available to common shareholder was $679 million for the full year 2021, compared to income of $206 million for the same period of 2020. “Operating... Read more of this article

PartnerRe Declares Dividend On Preferred Shares

PartnerRe Declares Dividend On Preferred Shares

PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period December 15, 2021 – March 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 March 15, 2022 to shareholders of record on February 28, 2022. Related Stories PartnerRe... 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, 2021 – March 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 March 15, 2022 to shareholders of record on February 28, 2022. Related Stories PartnerRe... Read more of this article

AM Best Comments On PartnerRe Ratings

AM Best Comments On PartnerRe Ratings

AM Best has commented that the Financial Strength Rating of A+ [Superior] and the Long-Term Issuer Credit Rating of “aa-” [Superior] for the members of PartnerRe Ltd. [Bermuda] remain unchanged following the signing of a definitive agreement between EXOR N.V. and Covéa Coopérations for the sale of PartnerRe Ltd. and its members. A statement from... 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, 2021 – December 14, 2021 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, 2021 to shareholders of record on November 30, 2021. Related Stories PartnerRe... Read more of this article

PartnerRe Donates $45,000 To Support Students

PartnerRe Donates $45,000 To Support Students

PartnerRe Ltd. has donated a total of $45,000 towards the cost of lateral antigen testing in schools “to help keep students in the classroom, despite the challenges associated with the pandemic.” The company made a $5,000 donation via ABIR’s collective initiative in support of public schools, and an additional $5,000 donation to eight... Read more of this article

PartnerRe Reports Q3 & Nine Month Results

PartnerRe Reports Q3 & Nine Month Results

PartnerRe Ltd. reported net income available to common shareholder of $70 million for the third quarter of 2021, compared to income of $206 million for the same period of 2020. A statement from the company said, “Net income available to common shareholder was $317 million for the first nine months of 2021, compared to income of $2 million for the... Read more of this article

AM Best On Covéa & PartnerRe After MoU

AM Best On Covéa & PartnerRe After MoU

AM Best said that the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Rating of “a+” [Excellent] of Covéa Coopérations remain unchanged following the announcement of a memorandum of understanding between Exor N.V. and Covéa Coop for the sale of PartnerRe Ltd. and its members. Additionally, AM Best has commented that... 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, 2021 – September 14, 2021 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, 2021 to shareholders of record on August 31, 2021. Related Stories PartnerRe... Read more of this article

PartnerRe Reports Q2 & Half Year 2021 Results

PartnerRe Reports Q2 & Half Year 2021 Results

PartnerRe Ltd. reported net income available to common shareholder of $314 million for the second quarter of 2021, compared to income of $229 million for the same period of 2020. A statement from the company said, “Net income available to common shareholder was $248 million for the half year 2021, compared to a loss of $204 million for the same... Read more of this article

PartnerRe Appoints António Horta-Osório

PartnerRe Appoints António Horta-Osório

PartnerRe Ltd. today [May 27] announced that António Horta – Osório has been appointed as an Independent Director to its Board of Directors, effective May 27, 2021 Mr. Horta – Osório joins PartnerRe’s Board and will be Chairman of the Investment Committee and a member of the Underwriting and Risk Committee. He is currently the Chairman... Read more of this article

PartnerRe Dividend On Preferred Shares

PartnerRe Dividend On Preferred Shares

PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period March 15, 2021 – June 14, 2021 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, 2021 to shareholders of record on May 28, 2021. Related Stories PartnerRe... Read more of this article