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PartnerRe Declares Preferred Share Dividend
The dividend will be payable on March 3, 2003, to shareholders of record on February 1, 2003.
PartnerRe Ltd. is a leading global reinsurer, providing multi-line reinsurance to insurance companies. Risks reinsured include property, catastrophe, agriculture, motor, casualty, marine, aviation/space, credit/surety, engineering/energy, technical and miscellaneous lines, life/annuity and health. In 2001 total revenues were $1.9 billion. As of June 30, 2002, total assets were $7.9 billion, total capitalization was $2.5 billion and total shareholders' equity was $1.9 billion.
PartnerRe on the Internet: www.partnerre.com
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Forward-looking statements contained in this press release are based on the Company's assumptions and expectations concerning future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those forward-looking statements. PartnerRe's forward-looking statements couldbe affected by numerous foreseeable and unforeseeable events and developments such as exposure to catastrophe or other large losses, adequacy of reserves, risks associated with implementing business strategies, levels and pricing of new and renewal business achieved, credit, interest, currency and other risks associated with the Company's investment portfolio and other factors identified in the Company's filings with the Securities and Exchange Commission. In light of the significant uncertainties inherent in the forwardlooking information contained herein, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made. The Company disclaims any obligation to publicly update or revise any forwardlooking information or statements.
Contacts:
PartnerRe Ltd.
(441) 292-0888
Investor Contact: Diane Newman, Investor Relations
Media Contact: Celia Powell, Corporate Communications
Citigate Sard Verbinnen
(212) 687-8080
Jim Barron/Hallie Bozzi