PartnerRe Declares Dividends on Series C Cumulative Redeemable Preferred Shares and Series D Cumulative Redeemable Preferred Shares
PEMBROKE, Bermuda, Nov 10, 2009 (BUSINESS WIRE) --
Company: PartnerRe Ltd. (PRE)
PartnerRe Ltd. (NYSE: PRE) announced that its Board of Directors has declared a dividend for the period September 1, 2009 -- November 30, 2009 of $0.421875 per share on the Company's 6.75% Series C Cumulative Redeemable Preferred Shares, and $0.40625 per share on the Company's 6.5% Series D Cumulative Redeemable Preferred Shares. The dividends will be payable on December 1, 2009, to shareholders of record on November 20, 2009.
PartnerRe is a leading global reinsurer, providing multi-line reinsurance to insurance companies. The Company through its wholly owned subsidiaries also offers alternative risk 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, other lines, life/annuity and health, and alternative risk products. For the year ended December 31, 2008, total revenues were $4.0 billion. At September 30, 2009, total assets were $17.8 billion, total capital was $5.8 billion and total shareholders' equity was $5.4 billion.
PartnerRe on the Internet: www.partnerre.com
SOURCE: PartnerRe Ltd.
PartnerRe Ltd. Investors: Robin Sidders, 441-292-0888 Media: Celia Powell, 441-292-0888 or Sard Verbinnen & Co Drew Brown/Jane Simmons, 212-687-8080
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Company: PartnerRe Ltd. (PRE)
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