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PartnerRe losses soar as investments bite; CEO bullish on ‘attractive’ rates
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
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
The reinsurer benefited from rate increases in lines like casualty and professional.
Covéa-PartnerRe agree to merge in a $9bn ‘definitive’ deal
The deal is now expected to complete in mid-2022.
PartnerRe profit plunges by more than half in Q3 but ‘poised’ for renewal
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
The CEOs of RenRe, PartnerRe & AXIS Capital say cost trends merit vigilance
Ground rules on cyber coverage need fundamental rethink, PartnerRe CEO
Cyber is the ‘perfect business line’ for discovering too late that coverage is vague.
No ‘meaningfully impact’ on PartnerRe; major diversification move for Covéa
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
Covéa CEO believes PartnerRe ‘fits perfectly’ with its growth and diversification strategy.
Covéa to buy PartnerRe for $9bn cash in big merger deal
The deal was scrapped last year after Covéa walked away from its planned purchase blaming the pandemic.
