Reinsurer PartnerRe Ltd. said it has completed the $2 billion acquisition of Paris Re Holdings Ltd., following the approval by Paris Re’s shareholders. Paris Re is now a wholly owned subsidiary of ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. PartnerRe, a reinsurer based in Bermuda, is buying Swiss rival Paris Re in a series of transactions valued at ...
The deal will add about $1.4 billion of gross written premiums to PartnerRe, which is based in Bermuda. The merged company will have nearly 1,400 employees and nearly $23 billion in total assets.
NEW YORK_Bermuda-based reinsurer PartnerRe Ltd. said Sunday it will acquire Swiss rival Paris Re in a cash and stock deal worth roughly $2 billion. Under terms of the transaction, PartnerRe will swap ...
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