PEMBROKE, Bermuda -- (Business Wire)
PartnerRe Ltd. (NYSE:PRE), a leading international reinsurer, has been
recognized by Forbes magazine as America’s Most Trustworthy
Financial Company. This is a yearly ranking that includes
publicly-traded North American companies of all sizes and industries.
Forbes partnered with MSCI ESG Research to develop the list, analyzing
the accounting and governance behaviors of over 700 companies, including
factors such as high-risk events, revenue and expense recognition
methods, SEC sanctions, and risk of bankruptcy. With an average AGR
(“Aggressive Accounting and Governance Risk”) score of 97 over the last
4 quarters, PartnerRe ranked the highest out of all large cap companies
considered.
According to Forbes, the ranking indicates companies where there is, “a
very high level of integrity in the financial reporting, whether the
results are good or bad. These pass a very rigorous test.”
PartnerRe Ltd. is a leading global reinsurer, providing multi-line
reinsurance to insurance companies. The Company, through its wholly
owned subsidiaries, also offers capital markets products that include
weather and credit protection to financial, industrial and service
companies. Risks reinsured include property, casualty, motor,
agriculture, aviation/space, catastrophe, credit/surety, engineering,
energy, marine, specialty property, specialty casualty, multi-line and
other lines in its Non-life operations, mortality, longevity and
accident and health in its Life and Health operations, and alternative
risk products. For the year ended December 31, 2014, total revenues were
$6.5 billion. At June 30, 2015, total assets were $22.5 billion, total
capital was $7.9 billion and total shareholders’ equity attributable to
PartnerRe was $7.1 billion.
PartnerRe on the Internet: www.partnerre.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20150831006008/en/
Contacts:
PartnerRe Ltd.
Investor: Robin Sidders
Media: Celia
Powell
441-292-0888
or
Sard Verbinnen & Co
Drew
Brown/Robin Weinberg
212-687-8080
Source: PartnerRe Ltd.
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