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PartnerRe Ltd. Reports Second Quarter and Half Year 2009 Results

27 July 2009

PEMBROKE, Bermuda: July 27, 2009 - PartnerRe Ltd. (NYSE:PRE) today reported net income of $474.3 million, or $8.10 per share on a fully diluted basis for the second quarter of 2009. This net income includes net after-tax realized and unrealized gains on investments of $279.6 million, or $4.86 per share. Net loss for the second quarter of 2008 was $26.0 million, or $0.64 per share, including net after-tax realized and unrealized losses on investments of $219.1 million, or $4.04 per share. Operating earnings for the second quarter of 2009 were $179.3 million, or $3.12 per share on a fully diluted basis. This compares to operating earnings of $183.8 million, or $3.39 per share, for the second quarter of 2008.

Please click on http://www.partnerre.com/news/article.aspx?id=1312532 for full report