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U.S.
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Organized into four business units to serve U.S. clients:
- - Standard Lines
- - Program Business
- - Specialty Casualty
- - Specialty Lines
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Leading property and casualty insurance companies within the U.S. market.
Products and services are provided to clients through reinsurance intermediaries.
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Property & Casualty business:
- - Property
- - Automobile
- - General Liability
- - Umbrella Liability
- - Workers Compensation
- - Professional Liability
- - Directors and Officers Liability
- - Medical Malpractice
- - Agriculture
- - Surety
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| Global |
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| Property & Casualty |
Organized into six departments along geographic lines:
- - Northern Europe
- - Central and Eastern Europe
- - Southern Europe and Latin America
- - France, Benelux and Canada
- - Greater China and South East Asia
- - Overseas (including Australia, Japan, Korea, Middle East, Africa, Turkey, India)
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Leading multiline insurance companies in all geographic markets, excluding U.S.
Products and services are provided to clients directly and through reinsurance intermediaries.
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Standard Property & Casualty business:
- - Property
- - Third Party Liability
- - Employers Liability
- - Workers Compensation
- - Personal Accident
- - Motor Third Party Liability
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| Specialty Lines |
Organized into eight departments by client or line of business:
- - Agriculture
- - Aviation / Space
- - Credit / Surety
- - Energy Onshore
- - Engineering
- - Marine / Energy Offshore
- - Specialty Casualty
- - Specialty Property
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Monoline companies and specialty line divisions in multiline companies worldwide for Aviation, Credit, Energy, Engineering, Marine / Energy Offshore and Facultative Property. All other lines exclude business from U.S. clients.
Products and services are provided to clients directly and through reinsurance intermediaries for both facultative and treaty solutions.
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Agriculture: Crop hail, MPCI, aquaculture, forestry, bloodstock, livestock.
Aviation / Space: Airlines, manufacturers, airport operators, general aviation, space.
Credit / Surety: Domestic and export credit, surety bonds.
Energy Onshore: Onshore oil and gas operations, mining, power generation, pharmaceuticals, chemicals.
Engineering: Construction / erection, delay in start-up, boiler/machinery, business interruption.
Marine / Energy Offshore: Hull, cargo, specie, marine liabilities, loss of hire, P&I, energy offshore.
Specialty Casualty: Products liability, professional liability, medical malpractice, D&O.
Specialty Property: Property damage, business interruption, nuclear, terrorism pools.
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| Catastrophe |
One worldwide business unit organized into two departments:
- - Underwriting
- - Research
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Monoline companies, Pools and general P&C companies, serviced directly or through reinsurance intermediaries.
Services include providing coverage for natural hazards such as windstorm, earthquake, flood and other perils, as well as man-made catastrophes and advising on adequacy and structuring of protections.
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Property and motor catastrophe excess of loss treaties, and proportional and stop loss property treaties for natural perils.
Scope of work includes natural hazards, research and modeling.
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| Life |
One business unit writing non-U.S. life business, serviced from offices in Paris, Zurich, Mexico, Montreal and Singapore.
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Life insurers who require capacity, expertise and a range of services including medical underwriting and product development.
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Longevity and mortality lines in G7 countries (excluding U.S.) and some additional countries.
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| Alternative Risk Transfer |
One worldwide business unit to originate, structure and underwrite Alternative Risk Transfer products including:
- - Structured Risk Reinsurance
- - Weather
- - Principal Finance
- - Strategic Investments
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Structured Risk Reinsurance: Property and casualty insurance companies seeking alternatives to traditional reinsurance solutions.
Weather: Energy, agriculture, construction, and transportation companies whose results may be impacted by weather.
Principal Finance: Investment banks, commercial banks, and other financial intermediaries seeking financing related to nonstandard assets.
Strategic Investments: Start-up or venture companies in the risk-bearing arm of the financial services sector.
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Structured Risk Reinsurance: Prospective aggregate stop loss, loss portfolio transfer/adverse development covers, multi-year structured catastrophe and excess of loss covers, and capped quota shares.
Weather: Temperature, rainfall, snowfall, wind.
Principal Finance: Risk underwriting for nonstandard investments related to structured finance, project finance, tax-advantaged real estate and distressed debt opportunities.
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| Investments |
One investment organization, located in the Greenwich office, managing over $10 billion of globally invested assets.
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- - Preserve liquidity and protection of capital
- - Generate investment income and capital gains
- - Leverage investment skills to capitalize on convergence of reinsurance and capital markets
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Responsible for managing all PartnerRe invested assets worldwide, with an investment philosophy that distinguishes between liability funds, which are matched against existing reinsurance liabilities, and capital funds.
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| Group Functions |
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| Finance |
Aligned with Group organizational structure, along Group and business unit lines, to ensure appropriate financial controls and maximize stockholder returns, while minimizing financial risk.
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- - Ensure appropriate control environment
- - Asset/liability management across the Group
- - Optimal Group-wide capital allocation
- - Financial performance measurement
- - Complete and accurate financial reporting
- - Actuarial reserving
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Responsible for the Group’s fiduciary and control functions; transactional accounting and processing; external reporting; decision support; actuarial analysis and reserving; planning; asset management and protection, risk management and treasury; capital markets, rating agencies and investor relations.
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| Support |
Aligned with Group organizational structure, along Group and business unit lines:
- - Group roles include strategic planning, policy and control
- - Business unit roles focus on execution and operational support
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Human Resources: Attract, retain and develop intellectual capital of the organization.
Information Technology: Provide effective information technology tools worldwide.
Legal: Ensure compliance with legal and reporting requirements.
Corporate Communications: Ensure consistent understanding of messages and information internally and externally.
Internal Audit: Provides internal control and risk assurance services, as well as Sarbanes-Oxley compliance testing.
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Responsible for ensuring that all support requirements – Human Resources, Information Technology, Legal, Corporate Communications, Internal Audit – are met on a Group and local basis.
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