News Release
Exhibit 99.1
PartnerRe Ltd. Declares Dividend on Preferred Shares
PEMBROKE, Bermuda, May 18, 2021 - PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period March 15, 2021 - June 14, 2021 of $0.3046875 per share on the Company’s 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J. The dividend is payable on June 15, 2021 to shareholders of record on May 28, 2021.
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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, and Life and Health. For the year ended December 31, 2020, total revenues were $7.4 billion. At March 31, 2021, total assets were $28.0 billion, total capital was $9.4 billion and total shareholders’ equity was $7.5 billion. PartnerRe maintains strong financial strength ratings as follows: A.M. Best A+ / Moody’s A1 / Standard & Poor’s A+.
PartnerRe on the Internet: www.partnerre.com
Contacts: | PartnerRe Ltd. | ||||
(441) 292-0888 | |||||
Media Contact: Celia Powell | |||||
Investor Contact: Ryan Lipschutz |