| UNITED STATES | ||
| SECURITIES AND EXCHANGE COMMISSION | ||
| Washington, D.C. 20549 |
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
| Date of report (Date of earliest event reported): October 24, 2005 |
| PartnerRe Ltd. |
| (Exact Name of Registrant as specified in its Charter) |
| Bermuda | ||||||||||||||||||||||||
| (State or other jurisdiction of incorporation) |
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| Net loss | n/a | n/a | n/a | n/a | n/a | n/a | n/a | $ | (289 | ) | ||||||||||||||
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| Loss ratio (1) | 131.5 | % | 62.6 | % | 155.8 | % | 127.5 | % | ||||||||||||||||
| Acquisition ratio (2) | 24.0 | 25.5 | 22.6 | 23.6 | ||||||||||||||||||||
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| Technical ratio (3) | 155.5 | % | 88.1 | % | 178.4 | % | 151.1 | % | ||||||||||||||||
| Other operating expense ratio (4) | 5.2 | |||||||||||||||||||||||
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| Combined ratio (5) | 156.3 | % | ||||||||||||||||||||||
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For the three months ended September 30, 2004
| U.S. P&C | Global (Non- U.S. P&C) |
Worldwide Specialty |
Total Non-Life Segment |
ART Segment(A) |
Life Segment | Corporate | Total | |||||||||||||||||
| Gross premiums written | $ | 234 | $ | 154 | $ | 317 | $ | 705 | $ | 1 | $ | 99 | $ | - | $ | 805 | ||||||||
| Net premiums written | $ | 234 | $ | 154 | $ | 319 | $ | 707 | $ | 1 | $ | 97 | $ | - | $ | 805 | ||||||||
| (Increase) decrease in unearned premiums | (6 | ) | 59 | 78 | 131 | 1 | 7 | - | 139 | |||||||||||||||
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| Net premiums earned | $ | 228 | $ | 213 | $ | 397 | $ | 838 | $ | 2 | $ | 104 | $ | - | $ | 944 | ||||||||
| Losses and loss expenses and | ||||||||||||||||||||||||
| life policy benefits | (214 | ) | (158 | ) | (225 | ) | (597 | ) | (8 | ) | (56 | ) | - | (661 | ) | |||||||||
| Acquisition costs | (55 | ) | (54 | ) | (79 | ) | (188 | ) |
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| 0-2253 | Not Applicable | |||||||||||||||||||||||
| (Commission File Number) | (IRS Employer Identification No.) | |||||||||||||||||||||||
| Chesney House, 96 Pitts Bay Road, Pembroke, Bermuda |
HM 08 | |||||||||||||||||||||||
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s
telephone number, including area code: (441) 292-0888 |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| o | Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) | |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.02. Results of Operations and Financial Condition.
The following information is furnished pursuant to Item 2.02, “Results of Operations and Financial Condition.” On October 24, 2005, PartnerRe Ltd. issued a press release reporting its 2005 third quarter results. A copy of the press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference.
Exhibit 99.1. Text
of Press Release of PartnerRe Ltd., dated October 24, 2005.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused th
| PartnerRe Ltd. | ||||
| (Registrant) | ||||
| Date: | October 24, 2005 | By: | /S/ Marc Wetherhill | |
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| Name: | Marc Wetherhill | |||
| Title: | Assistant Secretary | |||
INDEX TO EXHIBITS
| Exhibit No. | Description | |
| 99.1 | Text of Press Release of PartnerRe Ltd., dated October 24, 2005. |