PartnerRe provides insurers with multiple lines of reinsurance, in property and casualty, catastrophe, life and specialty lines, including agriculture, marine, aviation, credit/surety, energy and engineering through 14 offices around the world.

Formed in 1993 with capital of USD 1 billion, PartnerRe acquired Winterthur Re and SAFR in the late 1990s and now has assets of USD 16 billion.

When asked for the rationale behind PartnerRe becoming a full supporting member of ICMIF, Patrick Thiele, President & CEO said, "since 2004, PartnerRe has been an unwavering sponsor of ICMIF conferences and a supporter of its mission and values. We are delighted that PartnerRe has become a full fledged member of ICMIF which will allow us to foster deeper relationships with the other members of the ICMIF network on an ongoing basis. Ultimately, we are interested in creating mutual opportunities for the long term."

As a reinsurer, PartnerRe has many long-standing relationships with ICMIF member companies and we are always looking to enhance our knowledge of the specialised reinsurance needs in the cooperative and mutual environment. Patrick Thiele noted that "Through our supporting membership in ICMIF and closer contact with fellow members, we will build on our insight into their main business drivers and the way in which they continue to live up to their mutuality.

At the same time, we confirm our commitment to bringing value to ICMIF members through training, updates on emerging risks and by working together to develop specific reinsurance solutions for the future."

Visit our web site for more information: www.partnerre.com

ParterRe contact: Christoph Kägi