-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GIlXIqVIYvchlyMrZMx+dkrT3q/AvJ+6150fweNqCzFoOBFAZdpZhXDbD04XpD+B 7WP8qN4d5uPW42n2nv5ejw== 0000950103-04-001803.txt : 20041223 0000950103-04-001803.hdr.sgml : 20041223 20041223165554 ACCESSION NUMBER: 0000950103-04-001803 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041220 ITEM INFORMATION: Other Events FILED AS OF DATE: 20041223 DATE AS OF CHANGE: 20041223 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PARTNERRE LTD CENTRAL INDEX KEY: 0000911421 STANDARD INDUSTRIAL CLASSIFICATION: ACCIDENT & HEALTH INSURANCE [6321] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14536 FILM NUMBER: 041224735 BUSINESS ADDRESS: STREET 1: 96 PITTS BAY RD STREET 2: CHESNEY HOUSE CITY: PEMBROKE BERMUDA STATE: D0 ZIP: HM 08 BUSINESS PHONE: 14412920888 MAIL ADDRESS: STREET 1: PARTNERRE LTD STREET 2: 96 PITTS BAY ROAD CHESNEY HOUSE CITY: PEMBROKE BERMUDA STATE: D0 ZIP: HM 08 FORMER COMPANY: FORMER CONFORMED NAME: PARTNER RE HOLDINGS LTD DATE OF NAME CHANGE: 19950725 8-K 1 dec2304_8k.htm 8-K
     
  UNITED STATES   
  SECURITIES AND EXCHANGE COMMISSION   
  Washington, D.C. 20549   

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 Or 15(d) of
The Securities Exchange Act of 1934

Date of report (Date of earliest event reported):   December 20, 2004

 
PartnerRe Ltd.
(Exact Name of Registrant
as specified in its Charter)

  Bermuda  
  (State or other jurisdiction of incorporation)  
     
0-2253   Not Applicable
(Commission File Number) (IRS Employer Identification No.)
     
Chesney House, 96 Pitts Bay Road,
Pembroke, Bermuda 		  HM 08
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (441) 292-0888
 

      Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

  o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
  o Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
     
  o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
  o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



Item 8.01.  Other Events.

     On December 23, 2004, PartnerRe Ltd. (NYSE:PRE) announced the repurchase of 2 million shares of its common stock pursuant to an accelerated share repurchase agreement.

     These shares will be purchased by PartnerRe from Deutsche Bank AG London Branch (Deutsche Bank), or one of its affiliates, on December 30, 2004, at a price equal to the closing price of PartnerRe common stock on December 29, 2004, subject to adjustment upon final settlement of the repurchase transaction. Under the accelerated share repurchase agreement, Deutsche Bank expects to purchase 2 million shares of PartnerRe common stock in the open market over the next 12 months, although this period can be extended under certain circumstances.

In May 2004, PartnerRe’s Board of Directors authorized the repurchase of up to 5 million common shares.  Following the accelerated share repurchase transaction, the Company will have approximately 2.1 million shares remaining under its current repurchase authorization.





SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

PartnerRe Ltd.
(Registrant)
       
Date: December 23, 2004 By: /s/ Amanda E. Sodergren
  Name: Amanda E. Sodergren
  Title: Assistant Secretary

 

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