PartnerRe Declares Dividends on Series C Cumulative Redeemable Preferred Shares and Series D Cumulative Redeemable Preferred Sha
11 November 2005 - 3:30AM
PR Newswire (US)
PEMBROKE, Bermuda, Nov. 10 /PRNewswire-FirstCall/ -- PartnerRe Ltd.
(NYSE: PRE) announced that its Board of Directors has declared a
dividend for the period September 1 - November 30, 2005 of
$0.421875 per share on the Company's 6.75% Series C Cumulative
Redeemable Preferred Shares. In addition, the Board declared a
dividend for the period September 1 - November 30, 2005 of $0.40625
on the Company's 6.5% Series D Cumulative Redeemable Preferred
Shares. The dividends will be payable on December 1, 2005, to
shareholders of record on November 21, 2005. PartnerRe Ltd. is a
leading global reinsurer, providing multi-line reinsurance to
insurance companies. Risks reinsured include property, casualty,
motor, agriculture, aviation/space, catastrophe, credit/surety,
engineering/energy, marine, special risks, other lines,
life/annuity and health, and alternative risk transfer solutions.
For the year ended December 31, 2004, total revenues were $4.2
billion. As of September 30, 2005 total assets were $13.2 billion,
total capitalization was $3.5 billion and total shareholders'
equity was $3.1 billion. Our major reinsurance operations have
ratings of AA- from Standard & Poor's, Aa3 from Moody's, A+
from A.M. Best, and AA from Fitch. PartnerRe on the Internet:
http://www.partnerre.com/ DATASOURCE: PartnerRe Ltd. CONTACT:
PartnerRe Ltd., +441-292-0888, Investor Contact: Robin Sidders, or
Media Contact: Celia Powell; Citigate Sard Verbinnen,
+1-212-687-8080, Jim Barron/Hallie Bozzi Web site:
http://www.partnerre.com/
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