PartnerRe
Wellesley House South, 90 Pitts Bay Road, Pembroke, HM, 08, Bermuda
Overview
PartnerRe Ltd. (PartnerRe) is the ultimate holding company for its international reinsurance group. The Company provides reinsurance on a global basis through its wholly owned subsidiaries, including Partner Reinsurance Company Ltd. (PartnerRe Bermuda), Partner Reinsurance Europe plc (PartnerRe Europe) and Partner Reinsurance Company of the U.S. (PartnerRe U.S.). Its risks reinsured include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines and mortality, longevity and health. The Company also offers alternative risk products, which include weather and credit protection to financial, industrial and service companies on a global basis. In January 2013, the Company acquired Presidio Reinsurance Group. In March 2013, the Company announced the formation of Lorenz Re Ltd.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Insurance
Investment portfolio
- Dellwood Insurance
Participated · Equity · Mar 2024
Dellwood Insurance Group launched as a new entrant in the US excess and surplus (E&S) insurance market with $250m in financial backing. The firm was founded by former AIG executives Michael Price (CEO) and Kean Driscoll (president and CUO) and targets wholesale brokers serving the SME commercial segment. Dellwood says it will offer a full suite of insurance products for SME commercial customers and build a purpose-built underwriting platform. The company plans early investment in technology to streamline underwriting and claims, drive operating efficiencies, and deliver service to broker partners. Its formation is supported by a consortium of reinsurers and individual investors and comes as the E&S market has roughly doubled in size since 2018 amid increased catastrophic activity and inflationary pressures. Dominic Addesso will assume the role of non-executive chairman.
- Radian Title Insurance
Led · Equity · Oct 2012
Entitle Direct Group is the parent company of EnTitle Insurance Company and operator of the ENTITLE DIRECT direct-to-consumer title insurance distribution channel. ENTITLE DIRECT, launched in 2008, sells title insurance directly to consumers and lenders through a centralized platform that eliminates title agent commissions and offers up to 35% savings on premiums. The company’s stated mission is to lower home closing costs and introduce transparency into the closing process as an alternative to the traditional agent-driven model. EnTitle Insurance Company was founded in 1978 and is approved to issue title insurance in forty jurisdictions. Entitle Direct Group reported rapid growth in 2012, projecting approximately 75% order-volume growth over 2011 and a six-fold increase since 2009. Proceeds from the recent investment will be used to increase EnTitle Insurance Company’s surplus and drive further growth of the ENTITLE DIRECT distribution channel.