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PartnerRe Ltd. (PRE)

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72.31 Up 0.30(0.42%) May 25, 4:08PM EDT|After Hours: 72.68 Up 0.37 (0.51%) May 25, 5:57PM EDT

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PartnerRe Ltd.
Wellesley House
90 Pitts Bay Road
Pembroke, HM 08
Bermuda - Map
Phone: 441-292-0888
Fax: 441-292-6080
Website: http://www.partnerre.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Property & Casualty Insurance
Full Time Employees:1,281

Business Summary 

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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Corporate Governance 
PartnerRe Ltd.’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Low Concern), Compensation (Low Concern), Shareholder Rights (Medium Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Costas Miranthis , 48
Chief Exec. Officer, Pres, Director, Member of Risk & Fin. Committee, Member of Exec. Committee and Chief Exec. Officer of Partner Reinsurance Europe Limited
2.02M0.00
Mr. William Babcock , 45
Chief Financial Officer, Exec. VP and Member of Exec. Committee
1.22M0.00
Mr. Marvin Pestcoe ,
Chief Exec. Officer of PartnerRe Capital Markets Group and Member of Exec. Committee
930.00K0.00
Mr. Emmanuel Clarke ,
Chief Exec. Officer of PartnerRe Global and Member of Exec. Committee
1.25M0.00
Mr. Theodore C. Walker , 51
Chief Exec. Officer of PartnerRe North America, Pres of PartnerRe North America and Member of Exec. Committee
977.00K0.00
Amounts are as of Dec 30, 2011 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.
Currency in USD.
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