PartnerRe News
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 ...
PartnerRe Q2 Results Display Positive Income, Rate and Investment Gains
PartnerRe saw a strong jump in net income during the 2021 second quarter, backed by strong rate increases and reduced impact from the COVID-19 economic downturn. The Bermuda-based reinsurer booked ...
PartnerRe Loses $66M in Q1, Due in Part to Winter Storm Uri
PartnerRe lost $66 million in the 2021 first quarter, due in part to market volatility and $104 million of net losses from Winter Storm Uri. At the same time, the company has enjoyed momentum from ...