PartnerRe sees FY net loss of $1.1bn driven by unrealized losses on investments
Reinsurance News - Mar 22, 2023
Bermuda-based reinsurer PartnerRe has reported a net loss of $1.1 billion for the full year 2022, citing unrealized losses on fixed maturities and short-term investments of $1.8 billion as a key driver. This compares to a net income of $679 million for the same period in 2021. Meanwhile, operating i...
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