Global reinsurer, PartnerRe’s Life & Health business, is the latest firm to join the ABI.
PartnerRe helps insurance companies manage risk, stabilise earnings and grow their business through innovative reinsurance solutions across life and health, property and casualty (P&C), and specialty segments. Within its Life & Health business, PartnerRe supports the UK’s largest insurers with individual and group protection, drawing on its protection experience in other global markets to support innovation. It also provides longevity risk transfer and financial solutions to insurers globally, helping them to achieve their growth strategies. By becoming a member of the ABI, PartnerRe has joined the voice of the UK’s world-leading insurance and long-term savings industry.
Representing over 300 member firms, the ABI works closely with UK governments, HM Treasury, regulators, consumer organisations and NGOs to promote the value and importance of the sector to the wider economy and support customer understanding. The ABI and its members work together, driving change to protect and build a thriving society.
Bernie Hamilton, PartnerRe Head of UK & Ireland, Life & Health, said:
“As a key partner to UK’s leading insurers, PartnerRe is pleased to join the ABI community. We look forward to working with the ABI, and our fellow members to complement the insights and contributions of its other insurance professionals, in order to support our industry’s continued evolution for the benefit of the UK populace.”
Dr Yvonne Braun, Director of Policy, Long-term Savings & Health and Protection at the ABI, said:
"PartnerRe’s commitment to innovative reinsurance solutions aligns well with the ABI's mission to support a robust and resilient insurance market. We are delighted to welcome PartnerRe as our newest member and are confident that their expertise will support our collective goal to protect and build a thriving economy and society.”
Notes to editors
PartnerRe enquiries to: [email protected]
ABI enquiries to: [email protected]
About PartnerRe
PartnerRe is a leading global (re)insurer that helps insurance companies reduce their earnings volatility, strengthen their capital and grow their businesses through reinsurance solutions. Risks are underwritten on a worldwide basis through PartnerRe’s three segments: P&C, Specialty, and Life & Health. For the year ended December 31, 2024, total revenues were $9.1 billion. At December 31, 2024, total assets were $32.1 billion, total capital was $11.2 billion and total shareholders’ equity was $9.4 billion. PartnerRe maintains strong financial strength ratings as follows: A.M. Best A+ / Moody’s A1 / Standard & Poor’s AA-. www.partnerre.com
About the ABI
The ABI is the definitive voice of the UK’s world leading insurance and long-term savings industry, which is the largest sector in Europe and the third largest in the world.
We represent more than 300 firms within our membership including most household names and specialist providers, providing peace of mind to customers.
Our industry employs over 300,000 people in high-skilled, lifelong careers, two-thirds of whom are outside of London. And our members manage investments of £1.4 trillion, contribute £18.5 billion in taxes to the Government and support communities and businesses across the UK.
As a productive, inclusive and essential sector to the UK economy, together, we are driving change to protect and build a thriving society.