One Year On

Contributor: Patrick Thiele
Date: 7/1/2010
Almost exactly a year after announcing its acquisition of PARIS RE, PartnerRe approaches the renewals season as a stronger, more secure reinsurance partner.
Tags: Non-specific, CEO commentary

Systemic Risk – What Risk?

Contributor: Patrick Thiele, President & CEO PartnerRe
Date: 4/8/2010
Why legislate for systemic risk in an industry that apparently has none? Patrick Thiele calls for intelligent regulation informed by the unique economics of the reinsurance industry.
Tags: Non-specific, Regulation, CEO commentary

New Year – New Market

Contributor: Patrick Thiele President & CEO
Date: 2/1/2010
In a market of “profitable stagnation”, CEO Patrick Thiele looks at what the challenges will be for insurance and reinsurance industries.
Tags: Non-specific, CEO commentary

Why an Acquisition Makes Sense

Contributor: Patrick Thiele, President & CEO
Date: 8/31/2009
Insurers and reinsurers today face a more uncertain environment than ever before. Just as volatile capital markets, deep recession and rising inflation are squeezing access to capital, changes in reinsurance buying behavior, lower risk-free rates in government securities, the uncertainty of loss trends and increased regulation, threaten to depress reinsurers’ growth and profitability.
Tags: Non-specific, CEO commentary

When Risk Management Systems Fail

Contributor: Patrick Thiele President & CEO
Date: 12/1/2007
As we progress through the fourth quarter, we continue to hear bad news in the financial sector. The sub-prime debacle and subsequent credit crisis continues to impact the financial and re/insurance sectors. The issue has accelerated in the fourth quarter with ongoing volatility and reductions in liquidity for any kind of sub-prime asset. Stocks directly or indirectly related to the crisis are also dropping. And unfortunately, there is likely more to come.
Tags: Non-specific, Risk management & reserving, Capital markets & structured products, CEO commentary

When Change is Afoot

Contributor: Patrick Thiele President & CEO
Date: 4/1/2007
The January 1, 2007 non-life renewal results are in. Despite a good portion of premiums leaving the reinsurance market, the renewal was orderly, with a reasonable level of competition. But on January 2, substantial change was afoot. 2006 proved to be a record year ...
Tags: Non-specific, Risk management & reserving, Capital markets & structured products, Regulation, CEO commentary