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AM Best has revised the outlook to stable from negative for PartnerRe and its operating subsidiaries on its strong 2012 performance “which demonstrates its ability to deliver results that are among the top of its peers”. The agency affirmed the finan...

Bermuda-based PartnerRe last night reported its earnings for the first three months of the year, posting a net income of $210.5 million, easily beating Wall Street estimates. The company’s first-quarter profit of $3.39 a share on $1.76 billion of re...

Bermuda-based PartnerRe has announced the formation of Lorenz Re Ltd, a Special Purpose Insurer (SPI) domiciled here. Lorenz Re was capitalised with $75 million through the issuance of multiple classes of preference shares. It will provide additiona...

The board of directors of PartnerRe has authorised the repurchase of six million of the company’s common shares. The announcement was made on Friday and takes immediate effect. The latest repurchase authorisation supersedes the reinsurance company’s...

PartnerRe has successfully completed the acquisition of California-based Presidio Reinsurance Group. PartnerRe will pay $72 million for reinsurance carrier Presidio’s managing general agency and tangible book value. The US specialty accident and hea...