PartnerRe Ltd. – Dividend Announcements

PEMBROKE, Bermuda – 09 August, 2011 – In a filing with the Bermuda Stock Exchange, PartnerRe Ltd. (the “Company”; NYSE, Euronext: PRE) dividends for both the Series C Cumulative Redeemable Preferred Shares and the Company’s 6.5% Series D Cumulative Redeemable Preferred Shares.

PartnerRe announced that its Board of Directors has declared a dividend for the period June 1, 2011 – August 31, 2011 of $0.421875 per share on the Company’s 6.75% Series C Cumulative Redeemable Preferred Shares, and $0.40625 per share on the Company’s 6.5% Series D Cumulative Redeemable Preferred Shares. In addition, the Board of Directors has declared a dividend for the period June 15, 2011 – August 31, 2011 of $0.38264 per share on the Company’s 7.25% Series E Cumulative Redeemable Preferred Shares. The dividends are payable on September 1, 2011, to shareholders of record on August 19, 2011.

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, multiline and other lines, mortality, longevity and health, and alternative risk products. For the year ended December 31, 2010, total revenues were $5.9 billion. At June 30, 2011, total assets were $24.6 billion, total capital was $7.4 billion and total shareholders’ equity was $6.6 billion.  

PartnerRe on the Internet: www.partnerre.com

Contacts:        

PartnerRe Ltd.

Investor Contact:        Robin Sidders                        
Media Contact:           Celia Powell                (441) 292-0888

Sard Verbinnen & Co.
Drew Brown/Briana Kelly                               (212) 687-8080