Despite profitable fourth quarter PartnerRe slumps 77% in 2020; CEO bullish on improving market


Bermuda-based reinsurer PartnerRe enjoyed growth and improved non-life combined ratio in the fourth quarter of 2020 but saw its full-year profits decline significantly due to the impact of COVID-19 and record-breaking mid-sized weather events. The company's chief executive Jacques Bonneau, however, insisted that PartnerRe is well positioned, both geographically and by product line, to capitalise on the improving market conditions.

PartnerRe, Results 2020, Jacques Bonneau, Reinsurance, Bermuda, Global

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