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Eight schools received $30,000 each this week as part of PartnerRe Ltd’s Dollars for Hours project. The initiative, which pairs student volunteers with charities on community projects, has involved 1,700 students and raised more than $2 million since...

Shareholders in reinsurance firm PartnerRe today backed the $6.9 billion takeover offer from Italian investment giant Exor. The shareholders voted on the deal — which also gets them a special dividend of $3 a share contingent on the deal closing — at...

PartnerRe Ltd has reported a third quarter net loss of $243.3 million, or $5.08 per share. Its results were hit hard by the paying of a termination fee and reimbursement of expenses to Axis Capital, in relation to the failed merger deal with the Berm...

The head of PartnerRe Global yesterday said that European buyers had welcomed takeover by Italian investment giants Exor. Charles Goldie, CEO of PartnerRe Global, said that the deal gave the company security over its long-term future. He added it had...

Shareholders in reinsurance firm PartnerRe will meet next month to vote on the planned takeover of the firm by Italian investment giant Exor. Voters will gather at PartnerRe’s headquarters on Pitts Bay Road in Pembroke on Thursday, November 19 for th...

The “go shop” provision in the takeover deal of reinsurance firm PartnerRe by Italian investment giant Exor yesterday expired. The deal gave PartnerRe — which had previously agreed a merger deal with Axis Capital — around two months to find another b...

Action on Alzheimer’s and Dementia has been selected as the beneficiary charity of this year’s PartnerRe 5K Women’s Run and Walk. The event, marking its 18th year on Sunday, October 4, at the Botanical Gardens, attracts more than 1,000 participants a...

PartnerRe veteran Emmanuel Clarke has been appointed president of the reinsurance company. Mr Clarke, who has worked for the firm for 18 years and was instrumental in building the global reinsurance business, will now be responsible for managing all ...

Reinsurance firm PartnerRe has topped a list of America’s 50 most trustworthy financial-services companies drawn up by a prestige business magazine. Insurer and reinsurer Axis, which came fifth on the list, also featured in last year’s top 50. The Fo...

NEW YORK (Reuters) — Bermuda-based insurers may be among the bidders as US bank Wells Fargo & Co prepares to divest its crop insurance business, one of the biggest in the US. According to sources with knowledge of the matter, the bank has launched an...

Two ratings agencies have downgraded reinsurance firm PartnerRe after Italian investment giant Exor won control of the company. Standard & Poor (S&P) changed its outlook on PartnerRe from stable to negative after Monday’s $6.9 billion takeover, which...

PartnerRe has agreed to be bought out by Italian investment firm Exor in a $6.9 billion deal. The reinsurer has scrapped its previous plan to merge with fellow Bermuda firm Axis Capital. Exor, which is controlled by the wealthy Agnelli family, will p...