PartnerRe Ltd. Declares Dividends on Preferred Shares
PEMBROKE, Bermuda--(BUSINESS WIRE)--Feb 4, 2020--
PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period December 1, 2019 – February 29, 2020 of $0.40625 per share on the Company’s 6.50% Series G Cumulative Redeemable Preferred Shares, $0.453125 per share on the Company’s 7.25% Series H Cumulative Redeemable Preferred Shares, and $0.3671875 on the Company’s 5.875% Series F and Series I Non-Cumulative Redeemable Preferred Shares. The dividends are payable on March 2, 2020 to shareholders of record on February 20, 2020.
PartnerRe Ltd. is a leading global reinsurer that helps insurance companies reduce their earnings volatility, strengthen their capital and grow their businesses through reinsurance solutions. Risks are underwritten on a worldwide basis through the Company’s three segments: P&C, Specialty, and Life and Health. For the year ended December 31, 2018, total revenues were $5.6 billion. At September 30, 2019, total assets were $24.9 billion, total capital was $8.7 billion and total shareholders’ equity was $7.3 billion. PartnerRe maintains strong financial strength ratings as follows: A.M. Best A+ / Moody’s A1 / Standard & Poor’s A+.
PartnerRe on the Internet:www.partnerre.com
View source version on businesswire.com:https://www.businesswire.com/news/home/20200204005063/en/
CONTACT: PartnerRe Ltd.
Media Contact: Celia Powell
Investor Contact: Ryan Lipschutz
KEYWORD: BERMUDA CARIBBEAN
INDUSTRY KEYWORD: PROFESSIONAL SERVICES INSURANCE FINANCE
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PUB: 02/04/2020 10:00 AM/DISC: 02/04/2020 10:01 AM