Hashtag: #PartnerRe
Photos & Video: $240,000 School Donations
[Updated with photos] This year, students put in more than 1,400 hours of hard work to help local charities, from supporting a local foodbank, to digging up invasive species for local conservation and enrichment of a local Nursing care home. Thanks to PartnerRe’s Dollars for Hours program – now in its fourteenth year – the students from eight... Read more of this article
PartnerRe Reports Q3 & Nine Month Results
Bermuda-based PartnerRe Ltd. today [Nov 8] reported a net income available to common shareholder of $216 million for the third quarter of 2019, which includes net realized and unrealized investments gains of $41 million on fixed maturities and short-term investments, primarily due to decreases in world-wide risk-free rates, and $39 million net foreign... Read more of this article
PartnerRe Dividends On Preferred Shares
Bermuda-based PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period September 1, 2019 – November 30, 2019 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... Read more of this article
PartnerRe Announces Leadership Changes
PartnerRe Ltd. announced today that Mario Bonaccorso, Executive Vice President and Chief Financial Officer, will retire from the Company on March 31, 2020 to “pursue a new entrepreneurial venture with financial support from EXOR.” “Mr. Bonaccorso will be invited to join the PartnerRe Ltd. Board of Directors as a non-voting observer... Read more of this article
Photos & Videos: PartnerRe Women’s 5K Run
[Updated with results + photos] Now in its 22nd year, the PartnerRe Women’s 5K Run & Walk is being held this morning [Oct 6] with female runners hitting the roads to help a good cause, as proceeds from the race are donated to local charities. 10-minute live replay of the race start “Since 1998, the PartnerRe Women’s 5K Run & Walk has... Read more of this article
PartnerRe Women’s 5K Run & Walk On Oct 6
The PartnerRe Women’s 5K Run & Walk will be held on Sunday, October 6. The event page said, “Now in its 22nd year, the PartnerRe Women’s 5K Run & Walk is presented by Mid-Atlantic Athletic Club [MAAC], sponsored by PartnerRe Ltd. and sanctioned by the Bermuda National Athletics Association [BNAA]. “One of the few female-only... Read more of this article
PartnerRe Declare Preferred Shares Dividends
Bermuda-based PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period June 1, 2019 – August 31, 2019 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
AM Best Upgrades Credit Ratings Of PartnerRe
New Jersey-based international credit agency AM Best has upgraded the Financial Strength Rating [FSR] to A+ [Superior] from A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] to “aa-” from “a+” of the operating subsidiaries of Bermuda reinsurer PartnerRe Ltd. The subsidiaries comprise: Partner Reinsurance Company Ltd.; Partner... Read more of this article
PartnerRe Reports Q2 & Half Year 2019 Results
Bermuda-based PartnerRe Ltd. today [July 26] reported a net income available to common shareholder of $285 million for the second quarter of 2019, which includes net realized and unrealized investments gains of $164 million on fixed maturities and short-term investments, primarily due to decreases in world-wide risk-free rates and credit spreads, and... Read more of this article
PartnerRe Appoints Chris Shanahan
Bermuda-based PartnerRe Ltd. announced that Chris Shanahan has been appointed President of its US Life operations effective July 1, 2019. Mr. Shanahan joined PartnerRe in May 2018 as Executive Vice President, Corporate Development, North America Life, where he led the development and advancement of strategy for PartnerRe’s US life reinsurance business. In... Read more of this article
PartnerRe: Closing Of Senior Notes Offering
Bermuda-based PartnerRe Ltd. announced that its subsidiary, PartnerRe Finance B LLC [PRE Finance B], has closed its previously announced offering of $500 million aggregate principal amount of 3.70% Senior Notes due July 2, 2029. The Notes are senior unsecured obligations of PRE Finance B and are fully and unconditionally guaranteed by PartnerRe. As... Read more of this article
PartnerRe Prices Offering Of $500M Senior Notes
Bermuda-based PartnerRe Ltd. announced that its subsidiary, PartnerRe Finance B LLC [PRE Finance B], has priced a registered public offering in the United States of $500 million aggregate principal amount of 3.700% Senior Notes due July 2, 2029. The Notes were priced at 99.783% of par. Closing of the offering of the Notes is expected to occur on June... Read more of this article
