PARTNERRE LTD.


Associated tags: Insurance, P&C, Life, Professional Services, Finance, Health, National Organization of Life and Health Insurance Guaranty Associations

Locations: BERMUDA, CARIBBEAN

PartnerRe Ltd. Reports Full Year 2023 Results

Retrieved on: 
Monday, March 25, 2024

Net investment income increased by $247 million to $646 million

Key Points: 
  • Net investment income increased by $247 million to $646 million
    On December 27, 2023, the Government of Bermuda enacted the Corporate Income Tax Act 2023 ("CIT Act"), which will apply a 15% corporate income tax to certain Bermuda businesses in fiscal years beginning on or after January 1, 2025.
  • Looking toward the future, PartnerRe remains committed to its core values and strategic priorities to bring value to our clients, capital partners and shareholders.
  • With my retirement announced to take effect at the end of March 2024, it has been a privilege for me to work alongside the talented individuals here at PartnerRe.
  • I am confident we have the right leadership to continue leading the company forward in all facets of our business."

PartnerRe Ltd. Declares Dividend on Preferred Shares

Retrieved on: 
Thursday, February 15, 2024

PartnerRe Ltd. (“the Company”) 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.

Key Points: 
  • PartnerRe Ltd. (“the Company”) 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.
  • PartnerRe Ltd. is a leading global reinsurer that helps insurance companies reduce their earnings volatility, strengthen their capital and grow their businesses through reinsurance solutions.
  • At June 30, 2023, total assets were $30.2 billion, total capital was $9.0 billion and total shareholders’ equity was $7.1 billion.

PartnerRe Announces the Retirement of Jacques Bonneau and the Appointments of Philippe Meyenhofer as CEO and Jon Colello as President

Retrieved on: 
Tuesday, January 9, 2024

As part of the transition, Jon Colello, CEO, P&C Americas, assumes the added role of President of PartnerRe Ltd., with executive responsibility for all Non-Life Underwriting, reporting to Philippe.

Key Points: 
  • As part of the transition, Jon Colello, CEO, P&C Americas, assumes the added role of President of PartnerRe Ltd., with executive responsibility for all Non-Life Underwriting, reporting to Philippe.
  • During the interim period, Jacques will delegate most of his duties to Philippe and Jon to ensure a smooth transition.
  • Mr. Meyenhofer joined PartnerRe in 2010 and has held positions of increasing leadership since that time, most recently as a member of the Executive Leadership Team and CEO, Specialty Lines.
  • He was appointed to Head of Specialty Casualty PartnerRe Global in 2013, to Head of Europe P&C in 2016, and gained the additional responsibility of Deputy CEO P&C in 2018.

PartnerRe Ltd. Declares Dividend on Preferred Shares

Retrieved on: 
Wednesday, November 8, 2023

PartnerRe Ltd. (“the Company”) announced that its Board of Directors has declared a dividend for the period September 15, 2023 – December 14, 2023 of $0.3046875 per share on the Company’s 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J.

Key Points: 
  • PartnerRe Ltd. (“the Company”) announced that its Board of Directors has declared a dividend for the period September 15, 2023 – December 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 December 15, 2023 to shareholders of record on November 30, 2023.
  • PartnerRe Ltd. is a leading global reinsurer that helps insurance companies reduce their earnings volatility, strengthen their capital and grow their businesses through reinsurance solutions.
  • At June 30, 2023, total assets were $30.2 billion, total capital was $9.0 billion and total shareholders’ equity was $7.1 billion.

Emmanuel Dubreuil and François Bucchini Appointed to PartnerRe’s Board

Retrieved on: 
Tuesday, November 7, 2023

Joining the Board are Emmanuel Dubreuil and François Bucchini, effective November 7, 2023.

Key Points: 
  • Joining the Board are Emmanuel Dubreuil and François Bucchini, effective November 7, 2023.
  • Mr. Dubreuil and Mr. Bucchini replace Sylvestre Frézal and Thierry Francq.
  • Mr. Dubreuil is Head of Insurance and Reinsurance Initiatives at Covéa.
  • Commenting on the appointments, PartnerRe Board Chairman, Thierry Derez said, “On behalf of the Board, Jacques Bonneau and I would like to thank Sylvestre and Thierry for their contributions during their time on the PartnerRe Board.

PartnerRe Ltd. Declares Dividend on Preferred Shares

Retrieved on: 
Wednesday, August 2, 2023

PartnerRe Ltd. (“the Company”) 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.

Key Points: 
  • PartnerRe Ltd. (“the Company”) 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.
  • PartnerRe Ltd. is a leading global reinsurer that helps insurance companies reduce their earnings volatility, strengthen their capital and grow their businesses through reinsurance solutions.
  • At December 31, 2022, total assets were $27.3 billion, total capital was $8.1 billion and total shareholders’ equity was $6.3 billion.

PartnerRe Ltd. Reports First Half 2023 Results

Retrieved on: 
Tuesday, August 1, 2023

PartnerRe Ltd. ("the Company") today reported first half 2023 results.

Key Points: 
  • PartnerRe Ltd. ("the Company") today reported first half 2023 results.
  • Our operating income of $636 million for the first half of 2023 continued its growth trend, up 24% compared to the first half of 2022.
  • The contribution from the Life and Health business continues to be a positive source of earnings to the group as premium volume grows.
  • Please click here to access the PartnerRe News page for the full release.

PartnerRe Ltd. Declares Dividend on Preferred Shares

Retrieved on: 
Tuesday, May 16, 2023

PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period March 15, 2023 – June 14, 2023 of $0.3046875 per share on the Company’s 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J.

Key Points: 
  • PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period March 15, 2023 – June 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 June 15, 2023 to shareholders of record on May 31, 2023.
  • PartnerRe Ltd. is a leading global reinsurer that helps insurance companies reduce their earnings volatility, strengthen their capital and grow their businesses through reinsurance solutions.
  • At December 31, 2022, total assets were $27.3 billion, total capital was $8.1 billion and total shareholders’ equity was $6.3 billion.

PartnerRe Ltd. Declares Dividend on Preferred Shares

Retrieved on: 
Thursday, February 16, 2023

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.

Key Points: 
  • 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.
  • PartnerRe Ltd. is a leading global reinsurer that helps insurance companies reduce their earnings volatility, strengthen their capital and grow their businesses through reinsurance solutions.
  • At September 30, 2022, total assets were $26.6 billion, total capital was $7.5 billion and total shareholders’ equity was $5.8 billion.

Reuben Jeffery III and Sylvestre Frezal Appointed to PartnerRe’s Board

Retrieved on: 
Thursday, November 10, 2022

Joining the Board are Reuben Jeffery III, as an independent director, and Sylvestre Frezal, both effective immediately.

Key Points: 
  • Joining the Board are Reuben Jeffery III, as an independent director, and Sylvestre Frezal, both effective immediately.
  • Reuben Jeffery is the former President and Chief Executive Officer of Rockefeller & Co.
  • Mr. Frezal joined Cova in 2018 and has held various positions in the Company and in the wider insurance industry.
  • Commenting on the appointment, PartnerRe Board Chairman Thierry Derez said, On behalf of the Board, Jacques Bonneau and I are pleased to welcome Reuben and Sylvestre.