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Blue Chip Growth

Stock Report: PartnerRe Ltd. (PRE) Report Updated: Jul 28, 2014 | Print This Page

PartnerRe Ltd.© quotemedia

Company Profile

PartnerRe Ltd., through its subsidiaries, provides reinsurance services worldwide. It offers reinsurance coverage to insurers for property damage or business interruption losses resulting from fires, catastrophes, and other perils covered in industrial and commercial property, and homeowners’ policies; and casualty reinsurance, such as third party liability, employers’ liability, workers’ compensation, and personal accident coverage. The company also provides coverage against agricultural yield and price/revenue risks related to flood, drought, and hail, as well as diseases related to crops, livestock, and aquaculture; specialized reinsurance protection for airline, general aviation, and space insurance business; and property catastrophe reinsurance protection against the accumulation of losses caused by windstorm, earthquake, tornado, tropical cyclone, and flood. In addition, it offers credit reinsurance coverage to commercial credit insurers; surety reinsurance coverage to bonds and other forms of security; reinsurance protection and technical services relating to marine hull, cargo, transit, and offshore oil and gas operations; and reinsurance coverage for the onshore oil and gas industry, mining, power generation, pharmaceutical operations, and engineering projects. Further, the company provides motor reinsurance coverage for third party liability and property damage risks arising from passenger and commercial fleet automobile coverage; specialized reinsurance protection for non-U.S. property and casualty business; and reinsurance coverage to primary life insurers and pension funds to protect against individual and group mortality and disability risks. Additionally, it offers reinsurance coverage to primary life insurers with respect to individual and group health risks, as well as to employer sponsored pension schemes. The company provides its services directly, as well as through brokers. PartnerRe Ltd. was founded in 1993 and is based in Pembroke, Bermuda.

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