PartnerRe News
Broker Exec Decodes Property Reinsurer Speak: ‘We Want to Grow’
When the president of Aon attended the Rendez-Vous de Septembre, he came away with a forecast hidden behind the words reinsurers were explicitly delivering. "Each of the reinsurers led every meeting ...
AM Best Gives A+ Rating to PartnerRe’s New MGA-Driven Insurance Ops
Last week, AM Best assigned an A+ financial strength rating (Superior) to PartnerRe Insurance Solutions Bermuda Ltd. (PartnerRe Ins Solutions BM Ltd), a newly added member of PartnerRe Ltd. The ...
Executives on the Move at Markel, PartnerRe, USAA
Markel Corporation said that Jed Rhoads, president and chief underwriting officer of Markel's Global Reinsurance Division, is retiring at the end of 2022. Rhoads has been in the industry for more ...
Executives on the Move at Ascot, GuideOne, PartnerRe
Ascot has promoted Elizabeth Johnson to chief operating officer, North America Insurance. Johnson joined Ascot in September 2020 as chief underwriting officer, North America. Prior to that, she was ...
PartnerRe’s Q3 Premiums Grew; Catastrophe Losses Hurt Income
PartnerRe Ltd., once again in line to be acquired by France's Covéa, finished its 2021 third quarter with large catastrophic losses, double digit premium hikes and a big drop in net income. The ...
Deal Revival: EXOR (Again) Agrees to Sell PartnerRe to Covea for $9B
The Agnelli family's EXOR NV agreed to sell its PartnerRe reinsurance unit to France's Covéa for $9 billion, reviving a transaction that collapsed at the onset of the pandemic last year. Talks broke ...
Another Try? EXOR Reportedly Talking to Covea Again About Selling PartnerRe
Exor, the holding company of Italy's Agnelli family, has restarted talks with French insurer Covea over a possible sale of reinsurer PartnerRe, Il Sole 24 Ore reported on Saturday, after the deal was ...
How Reinsurers’ Results Rebounded in First Half 2021 from 2020
The first half financial results reported by a group of six reinsurers over the past week generally show a strong return to profits after last year's challenging market conditions. A wrap-up of these ...