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PartnerRe losses soar as investments bite; CEO bullish on ‘attractive’ rates

Bermuda20-05-2022Insurance News, Reinsurance News

The reinsurer made a $539m loss in Q1, an increase of more than eight times Y/Y.

Covéa increases cash price for $9bn PartnerRe deal with Exor

Europe, France25-03-2022Insurance News, Reinsurance News

Part of the sum will be paid by PartnerRe as a special dividend.

PartnerRe CEO hails ‘strong performance’ as profits more than triple in 2021

Bermuda03-03-2022Insurance News, Reinsurance News

The reinsurer benefited from rate increases in lines like casualty and professional.

Covéa-PartnerRe agree to merge in a $9bn ‘definitive’ deal

Europe, France, Global17-12-2021Insurance News, Reinsurance News

The deal is now expected to complete in mid-2022.

PartnerRe profit plunges by more than half in Q3 but ‘poised’ for renewal

Bermuda09-11-2021Insurance News, Reinsurance News

The reinsurer is set to be acquired by French mutual insurer Covéa for $9 billion.

Reinsurers now have upper hand in setting overdue rate hikes

Bermuda04-11-2021Insurance News, Reinsurance News

The CEOs of RenRe, PartnerRe & AXIS Capital say cost trends merit vigilance

Ground rules on cyber coverage need fundamental rethink, PartnerRe CEO

Bermuda04-11-2021Insurance News, Reinsurance News

Cyber is the ‘perfect business line’ for discovering too late that coverage is vague.

No ‘meaningfully impact’ on PartnerRe; major diversification move for Covéa

Bermuda, Europe, France01-11-2021Insurance News, Reinsurance News

Moody’s analysts assess the impact of PartnerRe’s $9 billion merger deal with Covéa.

Covéa, Exor talk of ‘mutual trust’ as they rekindle $9bn PartnerRe deal

Bermuda, Europe, Italy29-10-2021Insurance News, Reinsurance News

Covéa CEO believes PartnerRe ‘fits perfectly’ with its growth and diversification strategy.

Covéa to buy PartnerRe for $9bn cash in big merger deal

Bermuda, Europe29-10-2021Insurance News, Reinsurance News

The deal was scrapped last year after Covéa walked away from its planned purchase blaming the pandemic.

Showing 1 to 10 of 245 results

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