PartnerRe Expects To Grow Premiums In 2004

NU Online News Service, Dec. 3, 4:08 p.m. EST?PartnerRe Ltd., a Bermuda-based catastrophe reinsurer, forecast its net written premiums should grow to more than $3.9 billion next year from around $3.3 billion expected for the full-year 2003.[@@]

Patrick Thiele, chief executive at PartnerRe, said that his company expects some 17 percent operating return on equity, per-share operating earnings of at least $6.90, and a non-life combined ratio of between 92 percent and 95 percent for the coming year.

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