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Reinsurer PartnerRe is on the lookout for two senior executives to fill the shoes of two of its top managers who will retire next year. Tad Walker, CEO of property and casualty, and chief risk and actuarial officer Marvin Pestcoe will step down at th...

Reinsurance firm PartnerRe announced first-quarter profits of $38 million — $163 million down on the same period last year — as both net premiums written and investment income fell. Emmanuel Clarke, the firm’s president and chief executive officer, s...

Reinsurance company PartnerRe has completed its takeover of North American life reinsurance firm Aurigen Capital in a $286 million deal. PartnerRe, first announced the acquisition last year. PartnerRe chief executive officer Emmanuel Clarke said: “We...

Eleven redundancies have been confirmed at two of the island’s insurance and reinsurance sector companies. Six employees have lost their jobs at PartnerRe, and five positions have been cut at Enstar Group. All those affected are either Bermudians or ...

Reinsurance firm PartnerRe has reported a net loss of $191 million for the last quarter of 2016. The figure compares to a $162 million net income for the same period last year. Operating earnings for the period totalled $125 million, compared to $184...

Marc Archambault is joining PartnerRe to head up the Bermudioan-based reinsurer’s Life and Health business. As chief executive officer of the unit, Mr Archambault will be responsible for growing business in the life and health segments. Mr Archamba...

Reinsurance firm PartnerRe yesterday unveiled operating earnings of $185 million for the third quarter of the year. That compares to a figure of $211.6 million for the same quarter of 2015. Net income for the quarter totalled $240.3 million — an annu...

Bermudian-based PartnerRe Ltd has agreed to buy Canadian life reinsurer Aurigen Capital Ltd in a $286 million deal. In a statement released today, PartnerRe described Aurigen as a “top-five life reinsurer” in Canada, which generated gross premiums wr...

PartnerRe has become the first Bermuda insurer and reinsurer to make an issuance in the euro-denominated bond market. And investors were clamouring to get their hands on the notes, easily outmatching their availability. PartnerRe has priced, through ...

Reinsurance company PartnerRe has announced two new directors. Bilge Ogut and Nikhil Srinivasan have both joined the board as independent directors. John Elkann, PartnerRe chairman, said: “On behalf of the board, I would like to extend a warm welcome...

Only a few months after Exor completed its acquisition of PartnerRe, the forward trajectory for the Bermudian reinsurer has become clearer. There has been a restructuring of the company, with its business units now consolidated into three worldwide s...

MILAN (Bloomberg) — PartnerRe exited junk bonds and shifted funds into property as the Bermudian reinsurer reshaped a $16.3 billion investment portfolio after being acquired by Italian investment firm Exor SpA. Exor’s approach is to focus on holdings...