PartnerRe Ltd. Increases Quarterly Common Share Dividend by 5% to $0.67 from
$0.64 Per Share
PEMBROKE, Bermuda -- January 29, 2014
PartnerRe Ltd. (NYSE:PRE) today announced that its Board of Directors has
increased the annual dividend to $2.68 per common share, from $2.56 per common
share. This is the twenty-first consecutive year that the Company has
increased the common share dividend since its inception in 1993.
Today, the Board declared a regular quarterly dividend of $0.67 per common
share. The dividend will be payable on February 28, 2014, to common
shareholders of record on February 18, 2014.
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, accident and
health, and alternative risk products. For the year ended December 31, 2012,
total revenues were $5.6 billion. At September 30, 2013, total assets were
$23.1 billion, total capital was $7.4 billion and total shareholders’ equity
attributable to PartnerRe was $6.6 billion.
PartnerRe on the Internet: www.partnerre.com
Investor: Robin Sidders
Media: Celia Powell
Sard Verbinnen & Co
Drew Brown/Daniel Goldstein
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