-----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, NgiRWWLyVsxpeFMxoNqkNP2koii7Vt8sJZ53K618IL0X2OlE0rt9Ac0TH/VBOgjq Uw1RX0Ps6V/ePMr/MeWLYw== 0000950103-09-001662.txt : 20090710 0000950103-09-001662.hdr.sgml : 20090710 20090710160316 ACCESSION NUMBER: 0000950103-09-001662 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20090707 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090710 DATE AS OF CHANGE: 20090710 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: 09940215 BUSINESS ADDRESS: STREET 1: WELLESLEY HOUSE SOUTH STREET 2: 90 PITTS BAY ROAD CITY: PEMBROKE STATE: D0 ZIP: HM 08 BUSINESS PHONE: 14412920888 MAIL ADDRESS: STREET 1: WELLESLEY HOUSE SOUTH STREET 2: 90 PITTS BAY ROAD CITY: PEMBROKE STATE: D0 ZIP: HM 08 FORMER COMPANY: FORMER CONFORMED NAME: PARTNER RE HOLDINGS LTD DATE OF NAME CHANGE: 19950725 8-K 1 dp14096_8k.htm FORM 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):  July 7, 2009
 
PartnerRe Ltd.
(Exact Name of Registrant
as Specified in Charter)
 
 
Bermuda
 
 
(State or Other Jurisdiction of Incorporation)
 
 
001-14536
 
Not Applicable
(Commission File Number)
 
(IRS Employer Identification No.)
 
Wellesley House, 90 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 under the Exchange Act (17 CFR 240.14a-12)
   
  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 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d)  On July 9, 2009, the Board of Directors of PartnerRe Ltd. (the “Company”) announced that it had appointed David Zwiener to fill a vacancy on the Board, effective July 7, 2009.  The Board appointed Mr. Zwiener as a Class I director.  Accordingly, his term will expire at the 2012 Annual General Meeting of Shareholders.  Mr. Zwiener will also serve as a member of the Board’s Human Resources Committee, Compensation Committee and Audit Committee.

Mr. Zwiener will be compensated on the same terms as the Company’s other non-management directors, as described under “Director Compensation” in the Company’s proxy statement filed with the Securities & Exchange Commission (the “SEC”) on April 9, 2009.  In addition, Mr. Zwiener will enter into an indemnification agreement with the Company in the same form as the Company has entered into such agreements with its other current directors.  The form of indemnification agreement was described in, and attached as an exhibit to, the Company’s Form 8-K filed with the SEC on September 6, 2005.

There is no arrangement or understanding between Mr. Zwiener and any other persons pursuant to which he was appointed as a director of the Company.  There are no transactions in which Mr. Zwiener has an interest requiring disclosure under Item 404(a) of Regulation S-K.

A copy of the press release announcing Mr. Zwiener’s appointment as a director of the Company is attached hereto as Exhibit 99.1 and incorporated by reference herein.

Item 9.01    Financial Statements and Exhibits
 
(d)     Exhibits.
 
Exhibit No.
 
Description
     
99.1
 
Press release dated July 9, 2009

 

 
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:
July 10, 2009
 
By:
/s/ Amanda E. Sodergren
 
       
Name:
Amanda E. Sodergren
 
       
Title:
Chief Legal Counsel
 
 
 
 


 
Index to Exhibits
 
Exhibit No.
 
Description
     
99.1
 
Press release dated July 9, 2009

 
 


EX-99.1 2 dp14096_ex9901.htm EXHIBIT 99.1
 
 
Exhibit 99.1
 
News Release
 
 
David Zwiener Appointed to PartnerRe’s Board of Directors

PEMBROKE, Bermuda, July 9, 2009 - PartnerRe Ltd. today announced that David Zwiener has been appointed to fill a vacancy on its Board of Directors effective July 7, 2009.

Mr. Zwiener, aged 54, is an experienced insurance industry executive. Between 2000 and 2007 Mr. Zwiener was President and Chief Operating Officer of the property and casualty operations at Hartford Financial Services Group Inc. In that role he oversaw one of the ten largest property and casualty insurance companies in the U.S. He also served as a member of Hartford’s Board of Directors.

Most recently Mr Zwiener was Chief Financial Officer at Wachovia Corporation where he played a critical role in managing the bank’s capital, financial reporting and investor relations. Prior to that he was Managing Director and Co-Head of the financial institutions group of the global private equity firm the Carlyle Group.

PartnerRe’s Chairman John Rollwagen today welcomed Mr. Zwiener as a member of PartnerRe’s Board.

“The Board is pleased to welcome David to PartnerRe. His extensive senior level experience in both the insurance and financial services areas and in particular his experience and credibility on Wall Street will be invaluable to this company. We look forward to working with him.”

____________________________________________

PartnerRe Ltd. is a leading global reinsurer, providing multi-line reinsurance to insurance companies. The Company, through its wholly owned subsidiaries, also offers capital markets products that include weather and credit protection to financial, industrial and service companies. Risks reinsured include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, life/annuity and health, and alternative risk products. For the year ended December 31, 2008, total revenues were $4.0 billion. At March 31, 2009, total assets were $16.3 billion, total capital was $4.8 billion and total shareholders’ equity was $4.3 billion.


PartnerRe on the Internet: www.partnerre.com

Forward-looking statements contained in this press release are based on the Company’s assumptions and expectations concerning future events and financial performance and are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. PartnerRe’s forward-looking statements could be affected by numerous foreseeable and unforeseeable events and developments such as exposure to catastrophe, or other
 
 
PartnerRe Ltd.
Wellesley House South
90 Pitts Bay Road
Bermuda HM 08
Telephone +1 441 292 0888
Fax +1 441 292 6080
www.partnerre.com
 

 
 
 
2
 
large property and casualty losses, credit, interest, currency and other risks associated with the Company’s investment portfolio, adequacy of reserves, levels and pricing of new and renewal business achieved, changes in accounting policies, risks associated with implementing business strategies, and other factors identified in the Company’s filings with the Securities and Exchange Commission. In light of the significant uncertainties inherent in the forward-looking information contained herein, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made. The Company disclaims any obligation to publicly update or revise any forward-looking information or statements.


Contacts:
PartnerRe Ltd.
Sard Verbinnen & Co.
 
(441) 292-0888
(212) 687-8080
 
Investor Contact: Robin Sidders
Drew Brown/Jane Simmons
 
Media Contact: Celia Powell
 
     



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