PartnerRe’s H1 operating income falls on increased cat losses and reserve strengthening

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Reinsurance News - Jul 31, 2024

PartnerRe has revealed that its operating income for H1 of 2024 was $366 million, down from $636 million in H1 of 2023, driven by an increased frequency of mid-sized natural catastrophe events and a reserve strengthening in its U.S. Casualty lines. At the same time, PartnerRe’s net income in H...

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