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PartnerRe Ltd. (PRE)

At 15:19 EST: 77.24 USD  Down 0.03 (0.04%)  
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PartnerRe Ltd.
Wellesley House
90 Pitts Bay Road
Pembroke,  HM 08
Phone: 441-292-0888
Fax: 441-292-6080
Web Site: http://www.partnerre.com

DETAILS
Index Membership: N/A
Sector: Financial
Industry: Property & Casualty Insurance
Employees (last reported count): 995

BUSINESS SUMMARY
PartnerRe Ltd., through its subsidiaries, provides reinsurance solutions worldwide. It offers property 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 homeownersÂ’ policies; and casualty reinsurance products, which include third party liability, employersÂ’ liability, workersÂ’ compensation, and personal accident coverage. The company also provides motor reinsurance coverage for third party liability and property damage risks arising from passenger and commercial fleet automobile coverage written by cedants; reinsurance protection for airline, general aviation, and space insurance business; property catastrophe reinsurance protection against the accumulation of losses caused by windstorm, earthquake, and flood or by any other natural hazard; and credit and surety reinsurance coverage to commercial credit insurers, bonds, and other forms of security. In addition, it provides reinsurance coverage for engineering, onshore oil and gas, mining, power generation, and pharmaceutical operations; reinsurance protection and technical services relating to marine hull, cargo, transit, and offshore oil and gas operations; and coverage against agricultural yield and price/revenue risks related to flood, drought, and hail, as well as diseases related to crops, livestock, and aquaculture. Further, the company offers reinsurance protection for non-U.S. property and casualty business, as well as reinsurance coverage to primary life insurers and pension funds with respect to individual and group life and health risks. Additionally, it provides alternative risk products that include weather and credit protection to financial, industrial, and service companies. The company offers its services directly, as well as through brokers. PartnerRe Ltd. was founded in 1993 and is based in Pembroke, Bermuda.
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    OFFICERS
      Pay Exercised
    Mr. Patrick A. Thiele , 58
    Chief Exec. Officer, Pres, Director, Member of HR Committee and Member of Fin. & Risk Management Committee
    $ 3.08M $ 0
    Mr. Albert A. Benchimol , 51
    Chief Financial Officer, Exec. VP and Chief Exec. Officer of Capital Markets
    $ 1.32M $ 0
    Mr. Costas Miranthis , 45
    Chief Exec. Officer of ParterRe Global
    $ 1.52M $ 0
    Mr. Theodore C. Walker , 48
    Chief Exec. Officer of PartnerRe U S and Pres of PartnerRe U S
    N/A N/A
    Mr. Thomas Renggli ,
    Head of Finite Reinsurance Global
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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