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PartnerRe

PartnerRe investment loss triggered by U.S. risk-free rate change

22nd February 2017

PartnerRe, the reinsurance firm acquired by the Italian conglomerate EXOR, reported a fourth-quarter net loss as it suffered significant investment losses on fixed income securities following on from the increase in U.S. risk-free rates. The increase in risk-free rates was expected to negatively impact some reinsurers in late 2016, although to ... Read the full article

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