common shares will trade on the "big board''.

The shares will begin trading on the New York Stock Exchange (NYSE) on Thursday under the symbol PRE.

The move comes as PartnerRe has completed the required three years of operations.

BSX INDEX SOARS STK BSX index soars Buoyed by gains in banks as well as a utility, the Bermuda Stock Exchange index rebounded an impressive 21 points yesterday.

The move comes after last week's unprecedented losses -- the index closed at a record low four times.

In trading yesterday, Bank of Butterfield led advances gaining 62.5 cents closing at $9.625. Bank of Bermuda was up 25 cents closing at $17.25. Belco closed at $19.50, up 25 cents. In other trading, BAS was unchanged at $4.

The index closed at 947.69, up 20.84.