Lorenz Re Ltd


PartnerRe ceded $634m of premium to Lorenz Re cells in 2021

Reflecting the significant growth in its use and management of third-party reinsurance capital over the last calendar year, PartnerRe, the Bermuda headquartered reinsurance company ceded a significant increase in premiums to its main insurance-linked securities (ILS) vehicle in 2021. PartnerRe had more than $1 billion of third-party capital assets under management read the full article →

ILS a “strategic component” for PartnerRe: CEO Emmanuel Clarke

The use of insurance-linked securities and third-party reinsurance capital is a “strategic component” of the business model for reinsurer PartnerRe, its CEO told us. In a recent interview in advance of the Monte Carlo Rendez-vous, Emmanuel Clarke, President and CEO of PartnerRe, explained that the reinsurer leverages third-party capital within its read the full article →

PartnerRe expands Lorenz Re sidecar with $67m Torricelli quota-share

Bermuda headquartered pure-play reinsurance firm PartnerRe has expanded its third-party capital activities at the renewal, adding a new Torricelli segregated account to its Lorenz Re sidecar vehicle and completing a $67 million quota share with investors. Lorenz Re has been PartnerRe's main collateralised reinsurance sidecar and special purpose insurance vehicle for read the full article →

PartnerRe’s Lorenz sidecar grows at mid-year, expands investor-base

Bermuda headquartered pure-play reinsurance firm PartnerRe has significantly increased the amount of collateralized quota share retrocessional support its portfolio receives from the capital markets, with growth evident in the firms Lorenz Re sidecar vehicle at the mid-point of 2018. Earlier this year and as reported by Artemis, PartnerRe started to implement read the full article →

Castella stays in charge of third-party capital at PartnerRe

Following its previously announced plans to restructure and reorganise, reinsurance firm PartnerRe has announced a range of appointments, which includes news that Herve Castella will remain Head of Third Party Capital at the reinsurer. Bermuda domiciled reinsurer PartnerRe was acquired by Italian investment holding company EXOR S.p.A almost a year ago, read the full article →

PartnerRe recognises cost of AXIS M&A termination, retro use rises

Bermudian reinsurance firm PartnerRe recognised the full costs of terminating the merger deal with fellow-Bermudian AXIS Capital in  the third-quarter, leading it to report a net loss of $243.3 million, or $5.08 per share for the third quarter of 2015. At the same time the reinsurer retained lower premiums in its read the full article →

PartnerRe now managing $134m through Lorenz Re SPI

As of July 2015 Bermudian reinsurance firm PartnerRe is managing $134m of third-party investor capital through its Lorenz Re special purpose insurance (SPI) vehicle, with a strategic change in direction seeing the vehicle used for its segregated account status. Lorenz Re was originally launched as a multi-year collateralized reinsurance sidecar vehicle read the full article →

PartnerRe ups use of Lorenz Re sidecar as retrocession vehicle

Global reinsurance firm PartnerRe increased the amount of premiums ceded to its fully-collateralized reinsurance sidecar, Lorenz Re, in the second-quarter as the firm appeared to leverage the sidecar more for its own retrocession needs. Lorenz Re is the third-party capital convergence vehicle of PartnerRe, providing it with a way to leverage read the full article →

PartnerRe’s Lorenz Re sidecar returns more income to investors in 2014

Bermuda based reinsurer PartnerRe has returned a larger amount of capital to investors in its fully-collateralized reinsurance sidecar vehicle Lorenz Re in 2014 than the firm did in 2013, according to its latest results. The Lorenz Re Ltd. collateralized reinsurance sidecar was launched in March 2013 by PartnerRe, capitalised with $75m read the full article →

Beyond price, pressure increasingly seen on reinsurance terms: PartnerRe CEO

Pressure in the reinsurance market is increasingly moving beyond just pricing and there is now more pressure for the expansion of reinsurance coverage terms and conditions, CEO of reinsurer PartnerRe Costas Miranthis told analysts last week. Bermuda reinsurer PartnerRe has certainly not been immune to the well-documented pressures affecting the reinsurance read the full article →