PartnerRe

Zurich, Switzerland Founded: 1993 • Age: 33 yrs Acquired By Covéa
Provider of life, health, property, casualty, aviation, marine and other insurance services
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About PartnerRe

PartnerRe is a company based in Zurich (Switzerland) founded in 1993 was acquired by Covéa in March 2020.. PartnerRe has completed 3 acquisitions, including Aurigen, Paris Re and PartnerRe Management. PartnerRe offers products and services including Property and Casualty Reinsurance and Life and Health Reinsurance. PartnerRe operates in a competitive market with competitors including HUB International, Aviva, State Farm, RAC and HDI Global, among others.

  • Headquarter Zurich, Switzerland
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Partnerre Ltd.
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
    $9.13 B
    0
    as on Dec 31, 2024
  • Net Profit
    $1.44 B
    -37.88
    as on Dec 31, 2024
  • EBITDA
  • Latest Funding Round
  • Investors
    Exor

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Aurigen

    & 2 more

  • Acquired by
    Covéa

    & 1 more

    (Mar 04, 2020)

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IPO & Listings of PartnerRe

PartnerRe is a publicly listed company on the OTC with ticker symbol PREJF in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OTC · Ticker: PREJF . Sector: Finance · USA

Products & Services of PartnerRe

PartnerRe offers a comprehensive portfolio of products and services, including Property and Casualty Reinsurance and Life and Health Reinsurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Solutions for managing property and casualty risks in insurance

Services to handle life and health insurance volatility

People of PartnerRe
Headcount 1000-5000
Employee Profiles 301
Board Members and Advisors 7
Employee Profiles
People
Leo Gu
Avp, Pricing
People
Alexis Iglauer
Chief Pricing Actuary, L&h
People
Greg Haft
CEO, Global Catastrophe
People
Marc-André Tourigny
AVP Actuarial Business Development, Life & Health

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Board Members and Advisors
people
António Horta-Osório
Director
people
Maud Petit
Director
people
Thierry Derez
Chairman
people
Reuben Jeffery III
Director

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Funding Insights of PartnerRe

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in PartnerRe

PartnerRe has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Exor and Covéa. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on health insurance companies and operates multiple industries
Founded Year Domain Location
Mutual insurances for property, casualty, and liability are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PartnerRe

PartnerRe has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Aurigen, Paris Re and PartnerRe Management. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Tailored reinsurance solutions for life insurance risks are provided.
2007
Medical insurance is carried by PartnerRe Management in the UK.
2007
Diversified insurance services are provided by Paris Re from Switzerland.
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - PartnerRe

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Partnerre Comparisons

Employees
+
Add Comparison
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Competitors of PartnerRe

PartnerRe operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HUB International, Aviva, State Farm, RAC and HDI Global, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Investment advisory, insurance distribution, and risk management services are provided.
domain founded_year HQ Location
Insurance and asset management services are offered in multiple regions.
domain founded_year HQ Location
Insurance and financial services are provided to individuals and businesses.
domain founded_year HQ Location
Vehicle parts and accessories are sold via an online platform.
domain founded_year HQ Location
Provider of insurance brokerage and risk consulting services
domain founded_year HQ Location
Life insurance and diversified asset management services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Partnerre

Frequently Asked Questions about PartnerRe

When was PartnerRe founded?

PartnerRe was founded in 1993.

Where is PartnerRe located?

PartnerRe is headquartered in Zurich, Switzerland.

Who is the current CEO of PartnerRe?

Jacques Bonneau is the current CEO of PartnerRe.

What is the annual revenue of PartnerRe?

Annual revenue of PartnerRe is $9.13B as on Dec 31, 2024.

What does PartnerRe do?

PartnerRe was founded in 1993 and is headquartered in Zurich, Switzerland. Reinsurance solutions are offered in life and health, as well as non-life sectors including property, casualty, aviation, and marine. Operations focus on global risk management for insurers, with leadership provided by President and CEO Jacques Bonneau and Chairman Brian ODowd. Services extend to various specialty lines to support international clients.

Who are the top competitors of PartnerRe?

PartnerRe's top competitors include RAC, HUB International and Aviva.

What products or services does PartnerRe offer?

PartnerRe offers Property and Casualty Reinsurance and Life and Health Reinsurance.

Is PartnerRe publicly traded?

Yes, PartnerRe is publicly traded on OTC under the ticker symbol PREJF.

How many acquisitions has PartnerRe made?

PartnerRe has made 3 acquisitions, including Aurigen, Paris Re, and PartnerRe Management.

Who are PartnerRe's investors?

PartnerRe has 2 investors. Key investors include Exor, and Covéa.

What is PartnerRe's ticker symbol?

The ticker symbol of PartnerRe is PREJF on OTC.

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