PartnerRe Ltd. Announces Delisting of Shares from NYSE Euronext Paris

  PartnerRe Ltd. Announces Delisting of Shares from NYSE Euronext Paris

Business Wire

PEMBROKE, Bermuda -- December 12, 2012

Regulatory News:

PartnerRe Ltd. (NYSE,Euronext:PRE) today announced it will delist its shares
from NYSE Euronext Paris, effective January 18, 2013. PartnerRe shares will
continue to be traded on the New York Stock Exchange (NYSE).

PartnerRe made the decision to delist the shares traded on NYSE Euronext Paris
as a result of low trading volumes over the past three years. PartnerRe
announced the cross-listing in Paris in December 2009, as a result of the
acquisition of PARIS RE, to provide investors with a Euro-denominated,
European-listed trading platform, in addition to PartnerRe’s U.S. Dollar
listing on NYSE.

The delisting was recently approved by the Board of Directors of Euronext
Paris S.A. Further details on the delisting process will be disclosed in an
official notification from NYSE Euronext Paris on December 14, 2012 on the
NYSE website at
https://europeanequities.nyx.com/en/products/equities/BMG6852T1053-XPAR.

PartnerRe Ltd. is a leading global reinsurer, providing multi-line reinsurance
to insurance companies. The Company, through its wholly owned subsidiaries,
also offers capital markets products that include weather and credit
protection to financial, industrial and service companies. Risks reinsured
include property, casualty, motor, agriculture, aviation/space, catastrophe,
credit/surety, engineering, energy, marine, specialty property, specialty
casualty, multiline and other lines, mortality, longevity and health, and
alternative risk products. For the year ended December 31, 2011, total
revenues were $5.4 billion. At September 30, 2012, total assets were $23.6
billion, total capital was $7.9 billion and total shareholders’ equity was
$7.1 billion.

PartnerRe on the Internet: www.partnerre.com

Forward-looking statements contained in this press release are based on the
Company’s assumptions and expectations concerning future events and financial
performance and are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such statements are subject to
significant business, economic and competitive risks and uncertainties that
could cause actual results to differ materially from those reflected in the
forward-looking statements. PartnerRe’s forward-looking statements could be
affected by numerous foreseeable and unforeseeable events and developments
such as exposure to catastrophe, or other large property and casualty losses,
credit, interest, currency and other risks associated with the Company’s
investment portfolio, adequacy of reserves, levels and pricing of new and
renewal business achieved, changes in accounting policies, risks associated
with implementing business strategies, and other factors identified in the
Company’s filings with the Securities and Exchange Commission. In light of the
significant uncertainties inherent in the forward-looking information
contained herein, readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the dates on which they are
made. The Company disclaims any obligation to publicly update or revise any
forward-looking information or statements.

Contact:

PartnerRe Ltd.
441-292-0888
Investor: Robin Sidders
Media: Celia Powell
Sard Verbinnen & Co
Drew Brown/Daniel Goldstein
212-687-8080
 
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