Last $113.42 USD
Change Today -0.04 / -0.04%
Volume 425.3K
PRE On Other Exchanges
Symbol
Exchange
New York
Munich
EN Paris
As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

partnerre ltd (PRE) Snapshot

Open
$113.93
Previous Close
$113.46
Day High
$114.13
Day Low
$112.95
52 Week High
12/5/14 - $118.47
52 Week Low
02/4/14 - $94.50
Market Cap
5.6B
Average Volume 10 Days
388.4K
EPS TTM
$13.84
Shares Outstanding
49.0M
EX-Date
11/18/14
P/E TM
8.2x
Dividend
$2.68
Dividend Yield
2.36%
Current Stock Chart for PARTNERRE LTD (PRE)

partnerre ltd (PRE) Related Businessweek News

No Related Businessweek News Found

partnerre ltd (PRE) Details

PartnerRe Ltd., through its subsidiaries, provides reinsurance and certain specialty insurance services worldwide. The company reinsures agricultural yield and price/revenue risks related to flood, drought, hail, and disease related to crops, livestock, and aquaculture; provides specialized reinsurance and insurance protection for airline, general aviation, and space insurance business; offers third party liability, employers’ liability, workers’ compensation, and personal accident insurance; and provides property catastrophe reinsurance protection against the accumulation of losses caused by windstorm, earthquake, tornado, tropical cyclone, flood, or by any other natural hazard. It also offers credit reinsurance to mortgage guaranty insurers and commercial credit insurers; reinsurance and insurance coverage for the onshore oil and gas, mining, power generation, and pharmaceutical industries; reinsurance and insurance for engineering projects; and reinsurance and insurance protection and technical services relating to marine hull, cargo, transit, and offshore oil and gas operations. In addition, the company provides reinsurance coverage for third party liability and property damage risks; property and casualty reinsurance coverage; reinsurance coverage to insurers for property damage or business interruption losses resulting from fires, catastrophes, and other perils; and specialized reinsurance protection for non-U.S. casualty business. Further, it offers reinsurance coverage to primary life insurers and pension funds to protect against individual and group mortality and disability risks; employer sponsored pension schemes and primary life insurers; and primary life insurers with respect to individual and group health risks. The company provides its products through brokers and direct relationships with insurance companies. PartnerRe Ltd. was founded in 1993 and is based in Pembroke, Bermuda.

1,112 Employees
Last Reported Date: 02/27/14
Founded in 1993

partnerre ltd (PRE) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $1.0M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $578.9K
Chief Executive Officer of Partnerre Global
Total Annual Compensation: $699.6K
Chief Executive Officer of Partnerre North Am...
Total Annual Compensation: $596.8K
Compensation as of Fiscal Year 2013.

partnerre ltd (PRE) Key Developments

PartnerRe Ltd. Declares Dividends on Series D, E and F Cumulative Redeemable Preferred Shares for the Period September 1, 2014 to November 30, 2014, Payable on December 1, 2014

PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period September 1, 2014 to November 30, 2014 of $0.40625 per share on the company's 6.50% Series D Cumulative Redeemable Preferred Shares, $0.453125 per share on the company's 7.25% Series E Cumulative Redeemable Preferred Shares, and $0.3671875 on the company's 5.875% Series F Non-Cumulative Redeemable Preferred Shares. The dividends are payable on December 1, 2014, to shareholders of record on November 20, 2014.

PartnerRe Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

PartnerRe Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenues of $1,642,593,000 against $1,564,797,000 a year ago. Income before taxes and interest in earnings of equity method investments was $241,641,000 against $401,826,000 a year ago. Net income attributable to the company’s common shareholders was $182,214,000 against $319,239,000 a year ago. Operating earnings attributable to the company’s common shareholders was $226,660,000 against $311,184,000 a year ago. Diluted operating earnings per share were $4.47 against $5.70 a year ago. Diluted net income per share was $3.60 against $5.84 a year ago. Annualized operating ROE was 16.4%. Annualized net income ROE was 13.2%. Net premiums earned of $1.6 billion were up 10%, or 8% on a constant foreign exchange basis. The increase was primarily driven by PartnerRe Health's accident and health business and new business in the mortality and longevity lines in the Life and Health segment and the earning of new business written in 2013 and 2014 in the Global Specialty Non-life sub-segment. For the quarter, the company reported total revenues of $4,813,835,000 against $3,899,853,000 a year ago. Income before taxes and interest in earnings of equity method investments was $958,076,000 against $425,178,000 a year ago. Net income attributable to the company’s common shareholders was $735,531,000 against $339,408,000 a year ago. Operating earnings attributable to the company’s common shareholders was $537,078,000 against $564,328,000 a year ago. Diluted operating earnings per share were $10.42 against $9.86 a year ago. Diluted net income per share was $14.26 against $5.93 a year ago. Annualized operating ROE was 12.7%. Annualized net income of ROE was 17.4%. Book value was $121.95 per share, up 2.5% for the quarter and up 11.6% year-to-date. Tangible book value was $110.75 per share, up 2.7% for the quarter and up 12.4% year-to-date. The increases were primarily driven by net income and the accretive impact of share repurchases, which was partially offset by common and preferred dividend payments.

PartnerRe Ltd. Declares Quarterly Dividend Payable on December 1, 2014

PartnerRe Ltd. announced that its Board of Directors has declared a dividend of $0.67 per common share. The dividend will be payable on December 1, 2014, to common shareholders of record on November 20, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PRE:US $113.42 USD -0.04

PRE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American Financial Group Inc/OH $60.42 USD +0.42
Axis Capital Holdings Ltd $51.05 USD +0.44
Erie Indemnity Co $88.58 USD -0.85
Old Republic International Corp $14.42 USD +0.06
WR Berkley Corp $50.52 USD -0.85
View Industry Companies
 

Industry Analysis

PRE

Industry Average

Valuation PRE Industry Range
Price/Earnings 6.0x
Price/Sales 0.9x
Price/Book 0.8x
Price/Cash Flow 5.2x
TEV/Sales 0.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PARTNERRE LTD, please visit www.partnerre.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.