PartnerRe Declares Dividends On Series C Cumulative Redeemable Preferred Shares, Series D Cumulative Redeemable Preferred Shares And Series E Cumulative Redeemable Preferred Shares
PartnerRe Ltd. (NYSE: PRE) announced that its Board of Directors has declared a dividend for the period December 1, 2012 – February 28, 2013 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, and $0.453125 per share on the Company’s 7.25% Series E Cumulative Redeemable Preferred Shares. The dividends are payable on March 1, 2013, to shareholders of record on February 15, 2013.
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, 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.
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