PartnerRe News

PartnerRe Beefs Up Third-Party Capital Prominence, Hires Hughes to Lead Effort

A Hiscox veteran plans to join PartnerRe as the first-ever CEO of Third-Party Capital, and the unit will become a key component of the reinsurer's overall business strategy, the company said. Andrew ...

Executives On The Move at Beazley and PartnerRe

Specialist insurer Beazley has fleshed out its U.S. Executive Risk team with new hires in New York, Boston and San Francisco. PartnerRe Ltd. appointed a new Head of Retrocession along with two new ...

PartnerRe Rejoins Largely Unchanged Reinsurance Top 10: A.M. Best

The 10 largest global reinsurers of 2019 represent a paragon of stability, according to A.M. Best's new market segment report. That's largely because so little changed from the year before. Nine of ...

Covea Investment Helps Normalize Exor Relationship After It Abandoned PartnerRe Acquisition

Italy's Exor said on Monday that French insurer Covea had agreed to invest a total of 1.5 billion euros ($1.8 billion), partly in entities managed by PartnerRE, after walking away from a deal to buy ...

PartnerRe Makes Bonneau CEO While Dealing With Pandemic-Hammered Q2 Results

A former Chubb executive is officially the new president and CEO of PartnerRe Ld., taking over as the Bermuda-based reinsurer reported 2020 second quarter results hammered by COVID-19 challenges. The ...

Fitch Ratings Issues Negative Outlook for PartnerRe

PartnerRe now has a negative outlook from Fitch Ratings, largely over concerns about potentially expanding coronavirus-related reinsurance claims. Fitch's decision comes less than a week after French ...

Left at the Altar: Covea Abandons $9B Purchase of Exor’s PartnerRe

French insurer Covea has walked away from its planned $9 billion purchase of PartnerRe, the Bermuda-based reinsurer owned by Exor, the holding firm of Italy's Agnelli family, saying it could no ...

Covea to Acquire PartnerRe From EXOR for $9 Billion

EXOR has agreed to sell PartnerRe to French mutual insurer Covéa, a move that is turning out to be a very profitable thing for the Italian investment firm. EXOR bought the Bermuda-based reinsurer in ...