PartnerRe Ltd. is a provider of risk-assumption solutions for the global insurance and capital markets. It provides insurance companies with multiple lines of reinsurance — property & casualty, catastrophe, specialty lines, life, and alternative risk transfer — through offices around the world.
Partner Re provides reinsurance capacity to insurers who provide crop insurance through multi-peril crop insurance (MPCI) programs, crop hail coverage and specialized named-peril programs. It helps clients manage their net retention, after the Federal SRA, as well as their portfolios of crop hail and named-peril exposures. Its industry expertise allows them to provide insight into clients’ needs regarding fund selection and other industry trends, and it prefer to provide this reinsurance through pro rata treaties.
Partner Re provides livestock insurance products that are designed to protect the owners of animals against a wide variety of risks associated with the well-being of animals and their productivity. Insurable risks for mortality coverage include:
- Natural perils
- Freeze associated perils
- Machinery breakdown or power failure