PartnerRe has reported a net loss of $288.7m for the third quarter – compared with a profit of $83.2m in the prior year period – due to the impact of Hurricane Katrina and other catastrophe losses during the three months ended 30 September.
PartnerRe's non-life combined ratio jumped to 156.3% for the quarter, from 99.5% in the comparable period of 2004.
Net written premiums at the reinsurer dipped 4.3% to $770.8m.
For the first nine months of 2005, PartnerRe reported a loss of $17.4m, compared with net income of $348.7m for the prior year period, while net premiums written declined 6.9% to $2.95bn.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
