Company Profile For PartnerRe Ltd.

PartnerRe Ltd. (PartnerRe) is an international reinsurance group. The Company provides reinsurance on a worldwide basis through its wholly owned subsidiaries, Partner Reinsurance Company Ltd. (Partner Reinsurance), Partner Reinsurance Europe Limited (PartnerRe Europe) and Partner Reinsurance Company of the United States (PartnerRe U.S.). Risks reinsured include, but are not limited to property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines and life/annuity and health. PartnerRe also offers alternative risk products that include weather and credit protection to financial, industrial and service companies on a worldwide basis. In October 2009, the Company acquired 71% interest in Paris Re Holdings Limited.

BRIEF: For the nine months ended 30 September 2009, PartnerRe Limited's revenues increased 39% to $3.87B. Net income applicable to Common totaled $1.16B vs. a loss of $74.6M. Revenues reflect the presence of realized & unrealized investment gains vs. a losses & the presence of net realized gain on purchase of capital efficient notes. Net income also reflects lower acquisition costs and a decrease in interest expenses.