Reinsurance News
Partner Re
Mark DiTaranto appointed PartnerRe’s Global Head of Claims
15th December 2025
Global reinsurer PartnerRe has announced the appointment of Mark DiTaranto as its new Global Head of Claims. DiTaranto joins PartnerRe from AXA XL, where spent nine years of his career, most recently as Global Head of Claims - Reinsurance. He joined the company as Head of Claims - North America - Reinsurance ... Read the full article
PartnerRe appoints Niall Mulvey as CUO, Life & Health
2nd October 2025
Niall Mulvey has joined Bermuda-based reinsurer PartnerRe's Executive Leadership Team as Chief Underwriting Officer (CUO), Life & Health. Prior to PartnerRe, Mulvey worked at German reinsurer Hannover Re as Head of L&H Greater China, and Principal Business Lead, L&H Asia, before that. He also spent 14 years at Hannover Re Ireland, where ... Read the full article
PartnerRe names Brian Newman as Chief Data and Operations Officer, L&H
14th August 2025
Bermuda-based reinsurer PartnerRe has announced the appointment of Brian Newman as Chief Data and Operations Officer, Life & Health (L&H). Newman brings extensive experience to the role, having spent six years at Hannover Life Re US, where he most recently served as Senior Vice President, Operations following his tenure as Vice ... Read the full article
2024 second consecutive year of ‘very strong’ P&C results for large global reinsurers: Fitch
11th July 2025
According to a new peer group credit analysis, sustained underwriting results and investment income made 2024 the second consecutive year of "very strong" property and casualty (P&C) financial performance in a prolonged favourable market. The insurers in this peer group are some of the largest in the industry, including Hannover ... Read the full article
PartnerRe names Marek Garwacki as non-life CUO
3rd February 2025
International reinsurer PartnerRe has announced the appointment of Marek Garwacki to the role of non-life Chief Underwriting Officer (CUO), effective February 1st, 2025. Garwacki, who also joins the PartnerRe Executive Leadership team, brings over a decade of experience in the re/insurance industry to his new role. The executive has been part of ... Read the full article
PartnerRe’s H1 operating income falls on increased cat losses and reserve strengthening
31st July 2024
PartnerRe has revealed that its operating income for H1 of 2024 was $366 million, down from $636 million in H1 of 2023, driven by an increased frequency of mid-sized natural catastrophe events and a reserve strengthening in its U.S. Casualty lines. At the same time, PartnerRe's net income in H1 of ... Read the full article
PartnerRe to provide capacity for the launch of Banyan Excess Liability
18th July 2024
Banyan Risk, a Bermuda-based specialist multi-line Managing General Agent (MGA), has announced a long-term strategic partnership with global reinsurer PartnerRe to write Excess Casualty Insurance. This collaboration, subject to approval by the Bermuda Monetary Authority (BMA), will see PartnerRe provide capacity and shareholder support for the launch of a new subsidiary ... Read the full article
PartnerRe makes two new appointments to its Board of Directors
8th November 2023
PartnerRe has announced that Emmanuel Dubreuil and François Bucchini have been appointed to its Board of Directors, effective November 7, 2023. Dubreuil is currently Head of Insurance and Reinsurance Initiatives at Covéa. He first joined Covéa in 2019, as Head of Reinsurance Cessions. Before this, he served as a Partner at PwC ... Read the full article
Average ROE of reinsurers in Fitch peer group decreased to 1.2% in 2022
6th July 2023
A group of reinsurers in Fitch Ratings' universe saw their average return on equity (ROE) fall from 8.5% in 2021 to 1.2% in 2022 as mark-downs on investments, high inflation and increased losses from natural catastrophes drove a significant dip in profits. The global reinsurance companies in the peer group are ... Read the full article
PartnerRe sees FY net loss of $1.1bn driven by unrealized losses on investments
22nd March 2023
Bermuda-based reinsurer PartnerRe has reported a net loss of $1.1 billion for the full year 2022, citing unrealized losses on fixed maturities and short-term investments of $1.8 billion as a key driver. This compares to a net income of $679 million for the same period in 2021. Meanwhile, operating income for the ... Read the full article
PartnerRe to expand into direct insurance through MGA relationships in the US
21st December 2022
Global reinsurer PartnerRe is planning an expansion into direct lines of insurance program business through MGA relationships in the United States. PartnerRe has secured an AM Best rating for its Bermuda entity PartnerRe Insurance Solutions Bermuda Ltd. AM Best assigned a Financial Strength Rating of A+ (Superior) and a Long-Term Credit Rating ... Read the full article
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