PartnerRe Ltd. Board of Directors Authorizes Repurchase of up to 6 Million Shares

  PartnerRe Ltd. Board of Directors Authorizes Repurchase of up to 6 Million

Business Wire

PEMBROKE, Bermuda -- March 6, 2013

PartnerRe Ltd. (NYSE:PRE) today announced that its Board of Directors has
approved a share repurchase authorization for a total of up to 6 million
common shares, effective immediately.

This authorization supercedes the Company's previous authorization of August
2012. From time to time, and depending on market conditions, the Company will
continue the repurchase program in open market or privately negotiated or
structured transactions.

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 in its Non-life operations, mortality,
longevity and accident and health in its Life operations, and alternative risk
products. For the year ended December 31, 2012, total revenues were $5.6
billion. At December 31, 2012, total assets were $23.0 billion, total capital
was $7.7 billion and total shareholders’ equity was $6.9 billion.

PartnerRe on the Internet:


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