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Swiss Re to sell stake in PartnerRe

Rodd Zolkos

April 30, 2003 Reprints

European Union Partner Re Swiss Re Asia-Pacific & Australasia Bermuda Canada China Latin America United Kingdom More + Less -

ZURICH, Switzerland--Swiss Reinsurance Co. said that it plans to sell its remaining 15.9% stake in Bermuda-based PartnerRe Ltd.

Swiss Re currently holds 8.34 million PartnerRe shares, which were priced at $54.66 per share at the close of trading Tuesday.

Zurich-based Swiss Re was one of the original sponsors of PartnerRe when the Bermuda-based reinsurer was formed in 1993.

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Swiss Re to sell stake in PartnerRe

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