PartnerRe Ltd. Declares Dividends on Preferred Shares
PEMBROKE, Bermuda, November 3, 2016 - PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period September 1, 2016 – November 30, 2016 of $0.40625 per share on the Company’s 6.50% Series G Cumulative Redeemable Preferred Shares, $0.453125 per share on the Company’s 7.25% Series H Cumulative Redeemable Preferred Shares, and $0.3671875 on the Company’s 5.875% Series F and Series I Non-Cumulative Redeemable Preferred Shares. The dividends are payable on December 1, 2016 to shareholders of record on November 18, 2016.
PartnerRe Ltd. is a leading global reinsurer that helps insurance companies reduce their earnings volatility, strengthen their capital and grow their businesses through reinsurance solutions. Risks are underwritten on a worldwide basis through the Company’s three segments: P&C, Specialty Lines and Life and Health. For the year ended December 31, 2015, total revenues were $5.4 billion. At September 30, 2016, total assets were $23.2 billion, total capital was $8.8 billion and total shareholders’ equity attributable to PartnerRe was $7.2 billion. PartnerRe enjoys strong financial strength ratings as follows: A.M. Best A / Moody’s A1 / Standard & Poor’s A+.
Media Contact: Celia Powell
Investor Contact: Ryan Lipschutz
Sard Verbinnen & Co
Robin Weinberg/Spencer Waybright