PartnerRe Establishes PartnerRe Asia

PartnerRe Ltd. has announced that Partner Reinsurance Asia Pte. Ltd, a wholly owned subsidiary of PartnerRe Ltd. has been licensed by the Monetary Authority of Singapore (MAS) to operate as a non-life and life reinsurer, capitalised in Singapore. As of April 1, 2015, PartnerRe Asia will be the principal reinsurance carrier for PartnerRe's business underwritten in Asia Pacific. Alain Flandrin, currently Head of Partner Reinsurance Europe SE, Singapore branch, has been appointed CEO PartnerRe Asia.