Partner Re joins move to give capital back
In a move that confirms the trend to right-sizing capital as the reinsurance market softens, Bermudian reinsurer Partner Re has the approval an increase in the amount of shares it is authorised to buy back and cancel by a total of up to 5 million common shares.
Partner Re said this reflects an increase of approximately 1.2 million common shares to the approximately 3.8 million common shares remaining under the prior authorization announced by the company on
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