HomeInsurancePartnerRe reports losses in latest interim numbers

PartnerRe reports losses in latest interim numbers

According to the Covéa-owned reinsurer, here’s how it fared in the periods ended June 30:





Metric

Q2 2022

Q2 2021

H1 2022

H1 2021

Gross written premium

US$2.15 billion

US$2.04 billion

US$4.98 billion

US$4.51 billion

Net income/(loss) attributable to common shareholder

US$(606 million)

US$314 million

US$(1.15 billion)

US$248 million

Operating income

US$328 million

US$151 million

US$502 million

US$192 million

 

PartnerRe said the net loss was due to unrealized losses on fixed maturities of US$591 million in the second quarter and US$1.41 billion for the…

Read more at www.insurancebusinessmag.com

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