$PREJF
PARTNERRE LTD Stock $prejf

$prejf Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000091142116000093 Filed on May 02, 2016

Income Statement

Concept	2016 Q2	2016 Q1	2015 Q4
Revenue		$1.417B	$1.379B
YoY Change		-2.92%	-17.08%
Cost Of Revenue		$714.3M	$767.0M
YoY Change		-0.97%	-11.84%
Gross Profit		$145.0M	$612.0M
YoY Change		-39.08%	-22.82%
Gross Profit Margin		10.23%	44.38%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$283.0M	$311.0M
YoY Change		2.6%	-4.31%
% of Gross Profit		195.15%	50.82%
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense		$12.26M	$12.00M
YoY Change		0.11%	0.0%
% of Operating Profit
Other Income/Expense, Net		$152.7M	$120.0M
YoY Change		22.38%	-2.44%
Pretax Income		$250.0M	$169.0M
YoY Change		-24.59%	-49.4%
Income Tax		$30.95M	-$3.000M
% Of Pretax Income		12.38%	-1.78%
Net Earnings		$215.6M	$177.0M
YoY Change		-12.32%	-36.1%
Net Earnings / Revenue		15.22%	12.84%
Basic Earnings Per Share			$3.39
Diluted Earnings Per Share			$3.30
COMMON SHARES
Basic Shares Outstanding	1.000 shares	47.95M shares	47.91M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q1	2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$1.750B	$1.577B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill	$456.4M	$456.4M
YoY Change	0.0%	0.0%
Intangibles	$126.4M	$133.0M
YoY Change	-17.28%	-16.66%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$21.96B	$21.41B
YoY Change	-2.37%	-3.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities	$15.05B	$14.50B
YoY Change	-1.24%	-4.37%
SHAREHOLDERS EQUITY
Retained Earnings	$4.402B	$6.147B
YoY Change	-31.67%	-1.98%
Common Stock	$0.00	$87.24M
YoY Change	-100.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$0.00	$3.267B
YoY Change	-100.0%	0.24%
Treasury Stock Shares	0.000 shares	39.30M shares
Shareholders Equity	$6.910B	$6.901B
YoY Change
Total Liabilities & Shareholders Equity	$21.96B	$21.41B
YoY Change	-2.37%	-3.88%

Cashflow Statement

Concept	2016 Q1	2015 Q4
OPERATING ACTIVITIES
Net Income	$215.6M	$177.0M
YoY Change	-12.32%	-36.1%
Depreciation, Depletion And Amortization	$283.0M	$311.0M
YoY Change	2.6%	-4.31%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$49.04M
YoY Change	8457.77%
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid	$200.6M
YoY Change	323.51%
Common Stock Issuance & Retirement, Net	$0.00
YoY Change	-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2016Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2016Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q1	dei	Document Period End Date DocumentPeriodEndDate	2016-03-31
CY2016Q1	dei	Document Type DocumentType	10-Q
CY2016Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000911421
CY2016Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	1	shares
CY2016Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2016Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2016Q1	dei	Entity Registrant Name EntityRegistrantName	PARTNERRE LTD.
CY2016Q1	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
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CY2016Q1	pre	Increase Decrease In Unpaid Losses And Loss Expenses Including Life Policy Benefits IncreaseDecreaseInUnpaidLossesAndLossExpensesIncludingLifePolicyBenefits	187614000	USD
CY2015Q1	pre	Losses And Loss Expenses And Life Policy Benefits Segment Disclosure LossesAndLossExpensesAndLifePolicyBenefitsSegmentDisclosure	721000000	USD
CY2016Q1	pre	Losses And Loss Expenses And Life Policy Benefits Segment Disclosure LossesAndLossExpensesAndLifePolicyBenefitsSegmentDisclosure	714000000	USD
CY2015Q4	pre	Net Tax Assets NetTaxAssets	102596000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1413799000	USD
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CY2016Q1	pre	Derivative Asset Financial Instruments Not Offset DerivativeAssetFinancialInstrumentsNotOffset	2405000	USD
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CY2015Q4	pre	Funds Held Directly Managed FundsHeldDirectlyManaged	539743000	USD
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CY2016Q1	pre	Funds Held Directly Managed Cost FundsHeldDirectlyManagedCost	572550000	USD
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CY2015Q1	pre	Increase Decrease In Net Tax Assets And Liabilities IncreaseDecreaseInNetTaxAssetsAndLiabilities	37445000	USD
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CY2015Q1	pre	Other Transaction Costs OtherTransactionCosts	31000000	USD
CY2016Q1	pre	Other Transaction Costs OtherTransactionCosts	66000000	USD
CY2015Q4	pre	Preference Shares Aggregate Liquidation Value PreferenceSharesAggregateLiquidationValue	853750000	USD
CY2016Q1	pre	Preference Shares Aggregate Liquidation Value PreferenceSharesAggregateLiquidationValue	853750000	USD
CY2015Q1	pre	Share Awards Outstanding Settled Upon Change In Control Value ShareAwardsOutstandingSettledUponChangeInControlValue	0	USD
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CY2016Q1	pre	Special Dividend Amoun Paid SpecialDividendAmounPaid	150000000	USD
CY2016Q1	pre	Special Dividend Per Share Paid SpecialDividendPerSharePaid	3.00
CY2015Q1	pre	Underwriting Result UnderwritingResult	117000000	USD
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CY2016Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	16019000	USD
CY2015Q1	us-gaap	Increase Decrease In Deferred Policy Acquisition Costs IncreaseDecreaseInDeferredPolicyAcquisitionCosts	76800000	USD
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CY2016Q1	us-gaap	Increase Decrease In Unearned Premiums Net IncreaseDecreaseInUnearnedPremiumsNet	-359002000	USD
CY2015Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	133011000	USD
CY2016Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	126423000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	12245000	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	12259000	USD
CY2015Q1	us-gaap	Interest Paid InterestPaid	0	USD
CY2016Q1	us-gaap	Interest Paid InterestPaid	0	USD
CY2015Q1	us-gaap	Investment Income Net InvestmentIncomeNet	104631000	USD
CY2016Q1	us-gaap	Investment Income Net InvestmentIncomeNet	102987000	USD
CY2015Q4	us-gaap	Investments Investments	14338015000	USD
CY2016Q1	us-gaap	Investments Investments	13836705000	USD
CY2015Q4	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	14529609000	USD
CY2016Q1	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	14059457000	USD
CY2015Q4	us-gaap	Junior Subordinated Notes JuniorSubordinatedNotes	70989000	USD
CY2016Q1	us-gaap	Junior Subordinated Notes JuniorSubordinatedNotes	70989000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	14503092000	USD
CY2016Q1	us-gaap	Liabilities Liabilities	15045278000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	21406043000	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	21955463000	USD
CY2015Q4	us-gaap	Liability For Claims And Claims Adjustment Expense LiabilityForClaimsAndClaimsAdjustmentExpense	9064711000	USD
CY2016Q1	us-gaap	Liability For Claims And Claims Adjustment Expense LiabilityForClaimsAndClaimsAdjustmentExpense	9331087000	USD
CY2015Q4	us-gaap	Liability For Future Policy Benefits LiabilityForFuturePolicyBenefits	2051935000	USD
CY2016Q1	us-gaap	Liability For Future Policy Benefits LiabilityForFuturePolicyBenefits	2089055000	USD
CY2015Q4	us-gaap	Minority Interest MinorityInterest	2450000	USD
CY2016Q1	us-gaap	Minority Interest MinorityInterest	0	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-122829000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-262987000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	114775000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	337791000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	138747000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	91657000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	245917000	USD
CY2015Q1	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	7391000	USD
CY2016Q1	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	31425000	USD
CY2015Q1	us-gaap	Policyholder Benefits And Claims Incurred Net PolicyholderBenefitsAndClaimsIncurredNet	721281000	USD
CY2016Q1	us-gaap	Policyholder Benefits And Claims Incurred Net PolicyholderBenefitsAndClaimsIncurredNet	714268000	USD
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1
CY2016Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	1
CY2015Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	34150000	shares
CY2016Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	34150000	shares
CY2015Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	34150000	shares
CY2016Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	34150000	shares
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	34150000	USD
CY2016Q1	us-gaap	Preferred Stock Value PreferredStockValue	34150000	USD
CY2015Q1	us-gaap	Premiums Earned Net PremiumsEarnedNet	1234722000	USD
CY2016Q1	us-gaap	Premiums Earned Net PremiumsEarnedNet	1141716000	USD
CY2015Q4	us-gaap	Premiums Receivable At Carrying Value PremiumsReceivableAtCarryingValue	2428020000	USD
CY2016Q1	us-gaap	Premiums Receivable At Carrying Value PremiumsReceivableAtCarryingValue	2964950000	USD
CY2015Q1	us-gaap	Premiums Written Net PremiumsWrittenNet	1653215000	USD
CY2016Q1	us-gaap	Premiums Written Net PremiumsWrittenNet	1500718000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	215626000	USD
CY2015Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2182000	USD
CY2016Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	231733000	USD
CY2016Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	201442000	USD
CY2015Q4	us-gaap	Other Assets OtherAssets	31254000	USD
CY2016Q1	us-gaap	Other Assets OtherAssets	265013000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax	-436000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax	-829000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-3157000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	20091000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-217000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-203000	USD
CY2015Q1	us-gaap	Other Expenses OtherExpenses	124750000	USD
CY2016Q1	us-gaap	Other Expenses OtherExpenses	152674000	USD
CY2015Q1	us-gaap	Other Income OtherIncome	4292000	USD
CY2016Q1	us-gaap	Other Income OtherIncome	4840000	USD
CY2015Q4	us-gaap	Other Investments OtherInvestments	399204000	USD
CY2016Q1	us-gaap	Other Investments OtherInvestments	458709000	USD
CY2015Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	573000	USD
CY2016Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	49036000	USD
CY2015Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	71376000	USD
CY2016Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2015Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	47369000	USD
CY2016Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	200614000	USD
CY2015Q1	us-gaap	Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment	161229000	USD
CY2016Q1	us-gaap	Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment	160065000	USD
CY2015Q1	us-gaap	Proceeds From Sale Of Short Term Investments ProceedsFromSaleOfShortTermInvestments	12692000	USD
CY2016Q1	us-gaap	Proceeds From Sale Of Short Term Investments ProceedsFromSaleOfShortTermInvestments	44496000	USD
CY2015Q1	us-gaap	Profit Loss ProfitLoss	248099000	USD
CY2015Q4	us-gaap	Trading Securities Short Term Investments Amortized Cost TradingSecuritiesShortTermInvestmentsAmortizedCost	46689000	USD
CY2016Q1	us-gaap	Trading Securities Short Term Investments Amortized Cost TradingSecuritiesShortTermInvestmentsAmortizedCost	33536000	USD
CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	39303068	shares
CY2016Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	0	shares
CY2015Q4	us-gaap	Treasury Stock Value TreasuryStockValue	3266552000	USD
CY2016Q1	us-gaap	Treasury Stock Value TreasuryStockValue	0	USD
CY2015Q4	us-gaap	Unearned Premiums UnearnedPremiums	1644757000	USD
CY2016Q1	us-gaap	Unearned Premiums UnearnedPremiums	2086332000	USD
CY2016Q1	us-gaap	Profit Loss ProfitLoss	215626000	USD
CY2015Q4	us-gaap	Reinsurance Payable ReinsurancePayable	246089000	USD
CY2016Q1	us-gaap	Reinsurance Payable ReinsurancePayable	293342000	USD
CY2015Q4	us-gaap	Reinsurance Recoverables ReinsuranceRecoverables	282916000	USD
CY2016Q1	us-gaap	Reinsurance Recoverables ReinsuranceRecoverables	300731000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	6146802000	USD
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	4401868000	USD
CY2015Q1	us-gaap	Revenues Revenues	1459290000	USD
CY2016Q1	us-gaap	Revenues Revenues	1416736000	USD
CY2015Q4	us-gaap	Senior Notes SeniorNotes	750000000	USD
CY2016Q1	us-gaap	Senior Notes SeniorNotes	750000000	USD
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Other Increases Decreases In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOtherIncreasesDecreasesInPeriod	-251921	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	267918	shares
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	0	shares
CY2015Q4	us-gaap	Short Term Investments ShortTermInvestments	46688000	USD
CY2016Q1	us-gaap	Short Term Investments ShortTermInvestments	33555000	USD
CY2016Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	15997	shares
CY2015Q1	us-gaap	Stockholders Equity StockholdersEquity	7197145000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	6900501000	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	6910185000	USD
CY2015Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7254828000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6902951000	USD
CY2016Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6910185000	USD
CY2015Q4	us-gaap	Trading Securities Debt TradingSecuritiesDebt	13448262000	USD
CY2016Q1	us-gaap	Trading Securities Debt TradingSecuritiesDebt	13020014000	USD
CY2015Q4	us-gaap	Trading Securities Debt Amortized Cost TradingSecuritiesDebtAmortizedCost	13313819000	USD
CY2016Q1	us-gaap	Trading Securities Debt Amortized Cost TradingSecuritiesDebtAmortizedCost	12668635000	USD
CY2015Q4	us-gaap	Trading Securities Equity TradingSecuritiesEquity	443861000	USD
CY2016Q1	us-gaap	Trading Securities Equity TradingSecuritiesEquity	324427000	USD
CY2015Q4	us-gaap	Trading Securities Equity Cost TradingSecuritiesEquityCost	418428000	USD
CY2016Q1	us-gaap	Trading Securities Equity Cost TradingSecuritiesEquityCost	326909000	USD
CY2016Q1	us-gaap	Basis Of Accounting BasisOfAccounting	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company’s Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) for interim financial information and with the instructions for Form 10-Q and Article 10 of Regulation S-X. The Condensed Consolidated Financial Statements include the accounts of the Company and its subsidiaries. Intercompany accounts and transactions have been eliminated.</font></div></div>
CY2016Q1	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">3. Recent Accounting Pronouncements</font></div><div style="line-height:120%;padding-top:8px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2015, the Financial Accounting Standards Board (FASB) issued updated guidance on the consolidation of voting interest entities and variable interest entities. The update required entities to reevaluate whether they should consolidate certain legal entities. This guidance is effective for interim and annual periods beginning after December 15, 2015, with early adoption permitted. The adoption of the guidance on January 1, 2016 did not have a significant impact on the Company’s Condensed Consolidated Financial Statements and disclosures.</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued updated guidance on the accounting for leases. This update requires the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous guidance and expands required disclosures. The guidance is effective for interim and annual periods beginning after December 15, 2018, with early adoption permitted. The Company is currently evaluating the impact of the adoption of this guidance on its Consolidated Financial Statements and disclosures.</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued updated guidance on the transition to the equity method of accounting. This update eliminates the requirement to retroactively adjust the carrying value of an investment when it qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence. The guidance is effective for interim and annual periods beginning after December 15, 2016, with early adoption permitted. The Company is currently evaluating the impact of the adoption of this guidance on its Consolidated Financial Statements.</font></div></div>
CY2016Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">1. Organization</font></div><div style="line-height:120%;padding-top:8px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">PartnerRe Ltd. (PartnerRe or the Company) predominantly provides reinsurance and certain specialty insurance lines on a worldwide basis through its principal wholly-owned subsidiaries, including Partner Reinsurance Company Ltd., Partner Reinsurance Europe SE, Partner Reinsurance Company of the U.S. and Partner Reinsurance Asia Pte. Ltd. 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, mortality, longevity, accident and health and alternative risk products. The Company’s alternative risk products include weather and credit protection to financial, industrial and service companies on a worldwide basis.</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On August 2, 2015, the Company entered into an Agreement and Plan of Merger (the Merger Agreement) with Exor N.V., Pillar Ltd., a wholly owned subsidiary of Exor N.V., and solely with respect to certain specified sections thereof, EXOR S.p.A. (EXOR), a European investment company controlled by the Agnelli family, whereby Pillar Ltd. would be merged with and into the Company, with the Company continuing as the surviving company and a wholly owned subsidiary of Exor N.V. (the Merger).</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On November 19, 2015, the Merger was approved by the Company’s shareholders, pending certain regulatory approvals and other customary closing conditions.</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 18, 2016, the Company announced completion of the acquisition by EXOR following receipt of all regulatory approvals. Pursuant to the terms of the Merger Agreement, each PartnerRe common share issued and outstanding immediately prior to the effective time of the Merger was cancelled and converted into </font><font style="font-family:inherit;font-size:10pt;">$137.50</font><font style="font-family:inherit;font-size:10pt;"> in cash per share and entitled to receive a one-time special pre-closing cash dividend in the amount of </font><font style="font-family:inherit;font-size:10pt;">$3.00</font><font style="font-family:inherit;font-size:10pt;"> per common share (Special Dividend). </font><font style="font-family:inherit;font-size:10pt;">One</font><font style="font-family:inherit;font-size:10pt;"> common share at </font><font style="font-family:inherit;font-size:10pt;">$1.00</font><font style="font-family:inherit;font-size:10pt;"> par value was issued to Exor N.V., representing </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> common share ownership of the Company, and the Company paid the Special Dividend of approximately </font><font style="font-family:inherit;font-size:10pt;">$150 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, under the terms of the Merger Agreement, EXOR paid cash of approximately of </font><font style="font-family:inherit;font-size:10pt;">$42.7 million</font><font style="font-family:inherit;font-size:10pt;"> in aggregate to the holders of record of the Company’s preferred shares on March 18, 2016.</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to the terms of the Merger Agreement, PartnerRe common shares are no longer traded on the New York Stock Exchange (NYSE). The Company’s preferred shares continue to be traded on the NYSE following the closing of the transaction.</font></div></div>
CY2016Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. While Management believes that the amounts included in the Condensed Consolidated Financial Statements reflect its best estimates and assumptions, actual results could differ from those estimates. The Company’s principal estimates include:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:47px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:23px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unpaid losses and loss expenses;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:47px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:23px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Policy benefits for life and annuity contracts;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:47px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:23px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gross and net premiums written and net premiums earned;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:47px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:23px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Recoverability of deferred acquisition costs;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:47px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:23px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Recoverability of deferred tax assets;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:47px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:23px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Valuation of goodwill and intangible assets; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:47px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:23px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Valuation of certain assets and derivative financial instruments that are measured using significant unobservable inputs.</font></div></td></tr></table></div>

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2016 Q2 Form 10-Q Financial Statement

#000091142116000093 Filed on May 02, 2016

Income Statement

Balance Sheet

Cashflow Statement

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$PREJF PARTNERRE LTD Stock $prejf

2016 Q2 Form 10-Q Financial Statement

#000091142116000093 Filed on May 02, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PREJF
PARTNERRE LTD Stock $prejf