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PartnerRe reports net loss of $106 million

Posted On: Nov. 16, 2018 4:41 AM CST

Bermuda-based reinsurer PartnerRe Ltd. reported a net loss of $106 million for the third quarter after recording $120 million in pre-tax losses from typhoons Jebi and Trami and hurricane Florence, The Royal Gazette reported. The reinsurer reported a net loss of $84 million in the third quarter of 2017. For the first nine months, PartnerRe’s net loss amounted to $101 million.

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