In 1993, PartnerRe was founded with a singular goal: to bring expert catastrophe reinsurance to a market in need of capacity. Our focus was clear, but our ambition to serve clients dealing with a broad spectrum of risk challenges demanded a more diverse offer. Over the following two decades, our capabilities grew, positioning us as a global reinsurer who could step up to any challenge.
1993
PartnerRe is established with $1 billion of capital, bringing much-needed capacity to a market in crisis.
1997
PartnerRe acquires SAFR, expanding its scope of business from specialized catastrophe to multiline reinsurer.
1998
PartnerRe acquires Winterthur Re, solidifying its position as a new leading global reinsurer. PartnerRe US is established, demonstrating our commitment to the US market.
2001
PartnerRe proves its stability and financial security despite sustaining $347 million in losses due to the 9/11 terrorist attacks.
2005
Hurricane Katrina, the largest insured event in history, produces claims of $45 billion for the insurance industry and $511 million for PartnerRe.
2008
PartnerRe produces strong operating results against the backdrop of the global financial crisis and the third-worst year in history for catastrophes.
2009
PartnerRe becomes a top-five reinsurer worldwide following the acquisition of Paris Re.
2012
PartnerRe expands its specialty capabilities and product diversification with the acquisition of Presidio – a leading accident and health underwriter.
2016
PartnerRe acquired by EXOR, one of Europe’s leading investment companies.
2017
PartnerRe acquires Aurigen, a leading North American life reinsurance company.
2022
Covéa acquires PartnerRe Ltd. from EXOR, bringing together our best-in class, global reinsurance expertise with one of the leaders in property and casualty insurance in Europe.