As of June 30, 2021, PartnerRe Ltd. had total shareholders' equity of approximately $7.2 billion. The agency affirmed the AA- issuer credit ratings of Covéa Coopérations, MMA Vie SA, MMA IARD SA, MAAF Vie SA and GMF Vie SA. The $9-billion pending sale of Bermuda-based PartnerRe Ltd has attracted the attention of rating agencies, with both Moody's Investor Services and AM Best making statements affirming existing . Corporation ("PRUSC"), a holding company domiciled in the State of Delaware. On April 13, 2018, Aurigen Capital merged into PartnerRe Ltd., with PartnerRe Ltd. being the sole survivor. 5159 Twelve Months Ended December 31, 2019 (Thousands) Prepared ... EX-21.1 7 dex211.htm SUBSIDIARIES OF THE COMPANY EXHIBIT 21.1 . Though we have evolved continuously throughout the years, our purpose remains the same: to help our clients succeed. PartnerRe was established in 1993, in the aftermath of Hurricane Andrew, to bring much-needed capacity to a market in crisis, helping insurers to provide continuity to their clients. PartnerRe Ltd., through its subsidiaries, provides reinsurance services worldwide. PRE has fully and unconditionally guaranteed the notes on a senior unsecured basis. « Ethical » rating of PartnerRe Ltd. , group and subsidiaries Offshore 3 Sales 4 Bn $.€ /year Wage 204 *min. Partner Reinsurance Company Ltd. Bermuda: 100%: PartnerRe Americas Services Company, S.A. de C.V. Mexico: 100%: PPF Holdings I Ltd. Bermuda: 100%: PPF Holdings II Ltd. Bermuda: 100%: PPF Holdings III Ltd. Bermuda: 100%: PartnerRe Investment Holding Company Ltd. Bermuda: 100%: Partner Reinsurance Life Company of Bermuda Ltd. Bermuda: 100% . Co. predominantly provides reinsurance on a worldwide basis, and certain specialty insurance lines, through its subsidiaries. Ratings agency AM Best has affirmed the financial strength rating of A+ (Superior) of the operating subsidiaries of Bermudian-based re/insurer PartnerRe Ltd. The Company, through its wholly owned subsidiaries, also offers capital markets products that include weather and credit protection to financial, industrial and service companies. AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "aa-" of the operating subsidiaries of PartnerRe Ltd. (collectively referred to as PartnerRe). The Company provides reinsurance on a global basis through its wholly owned subsidiaries, including Partner Reinsurance Company Ltd. (PartnerRe Bermuda), Partner Reinsurance Europe plc (PartnerRe Europe) and Partner Reinsurance Company of the U.S. (PartnerRe U.S.). This Policy applies to personal data collected on our website or through platforms with a link to this Policy ("Site"). Ltd. PDF Report on Examination of The Partner Reinsurance Company ... The Company's immediate parent is PartnerRe U.S. Birth of global giant with merger of Axis Capital Holdings ... Corporation ("PRUSC"), a holding company domiciled in the State of Delaware. (13) Results for PartnerRe Ltd. (PartnerRe) are on a U.S. GAAP basis and include the results of its principal wholly-owned subsidiaries, including Partner Reinsurance Company Ltd., Partner Reinsurance Europe SE, Partner Reinsurance Company of the U.S. and Partner Reinsurance Asia Pte. Exor and Covea signed a definitive agreement expected to close in mid-2022, based on a consolidated common shareholders' equity value of $7 billion, the companies said in a statement. PartnerRe Ltd. - Company profile & brands InSource Insurance Group was formed in 1986 to provide business insurance, employee health and benefits, private client, and surety services to the oil and gas, construction, manufacturing, and transportation industries. PartnerRe Ltd. (PartnerRe) is the ultimate holding company for its international reinsurance group. PartnerRe Ltd. Subsidiaries of the Company % Beneficial Ownership by Immediate Parent : Jurisdiction of Incorporation. Age : 51. The ratings agency said, "Concurrently, AM Best has also removed from under review with developing implications and affirmed the Long-Term ICR of "a-" of PartnerRe Ltd. [Pembroke, Bermuda . FREE Breaking News Alerts from StreetInsider.com! A.M. Best also has placed under review with negative implications the ICR of "a-" and debt ratings of PartnerRe's parent, PartnerRe Ltd, following the announcement that PartnerRe Ltd and AXIS . The company is a wholly-owned subsidiary of EXOR N.V., a leading investment holding company based in Italy. Oldwick //BestWire// - AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Rating (Long-Term ICR) of "aa-" of the operating subsidiaries of PartnerRe Ltd. (collectively referred to as PartnerRe). Doing Business As: PartnerRe Ltd. Company Description: PartnerRe is your foul-weather friend. S&P Global Ratings took rating actions on SGAM Covéa's core subsidiaries and guaranteed entities after the announcement that Covéa will no longer acquire PartnerRe Ltd. from Exor.. PEMBROKE, Bermuda--(BUSINESS WIRE)-- Regulatory News:PartnerRe Ltd. (NYSE,Euronext:PRE) today announced it will delist its . AM Best Affirms Credit Ratings of PartnerRe Ltd. and Its Operating Subsidiaries CONTACTS: Dan Hofmeister Senior Financial Analyst +1 908 439 2200, ext. The company offers a wide range of products and services such as catastrophe reinsurance, agricultural reinsurance, aviation . Incorporation. The FSR of A+ (Superior) and Long-Term ICR of "aa-" have been affirmed, each with a stable outlook, for the operating subsidiaries of PartnerRe Ltd.: Partner Reinsurance Company Ltd. The rating agency affirmed the A- long-term issuer credit rating of PartnerRe and the A+ long-term insurer financial strength and issuer credit ratings of its core subsidiaries. Moody's affirmed the A1 insurance financial strength (IFS) ratings of Partner Reinsurance Company Ltd and Partner Reinsurance Company of the US and the debt and preferred stock ratings of PartnerRe Ltd (PartnerRe, senior shelf (P)A3 stable) and its debt financing subsidiaries. PartnerRe Ltd. Subsidiaries of the Company % Beneficial Ownership by Immediate Parent : Jurisdiction. (12) Results for PartnerRe Ltd. (PartnerRe) are on a U.S. GAAP basis and include the results of its principal wholly-owned subsidiaries, including Partner Reinsurance Company Ltd., Partner Reinsurance Company of the U.S., and Partner Reinsurance Europe SE. The Central Bank said that Partner Re Ireland and Partner Reinsurance Europe submitted regulatory returns to the Irish central bank which . The company offers a range of non life reinsurance products. Concurrently, AM Best has also placed under review with developing implications the . AM Best Affirms Credit Ratings of PartnerRe Ltd. and Its Operating Subsidiaries. Linked companies : Partnerre Ltd. Summary. OLDWICK, N.J.--(BUSINESS WIRE)--Mar 5, 2020--AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Rating (Long-Term ICR) of "aa-" of the operating subsidiaries of PartnerRe Ltd. (collectively referred to as PartnerRe). BUSINESS: PartnerRe Ltd. is a leading global reinsurer, providing multi-line reinsurance to insurance companies. PartnerRe Ltd., through its subsidiaries, provides reinsurance services worldwide. 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