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PRE Partnerre Ltd.

140.52
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Partnerre Ltd. NYSE:PRE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 140.52 0 01:00:00

Exor, PartnerRe Settle on Deal

03/08/2015 1:10pm

Dow Jones News


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Italy's Exor SpA and PartnerRe Ltd. ended months of negotiations by reaching an agreement in which Exor would buy PartnerRe in a deal valued at $6.9 billion.

As part of the Exor deal, PartnerRe has agreed to terminate its separate agreement with Axis Capital Holdings Ltd.

The deal between Exor and PartnerRe continues the consolidation trend among reinsurers. which take on some or all of the risk of policies sold by primary insurers to individuals and businesses.

Write to Tess Stynes at tess.stynes@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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