PartnerRe Acquires Health/Accident Reinsurer

Deal to bring Presidio Reinsurance Group's $250 million in accident/health premiums to PartnerRe expected to be completed Q1 2013.

INN Breaking News, December 19, 2012

Jennifer Morrell

PartnerRe Ltd. will acquire Presidio Reinsurance Group, an accident and health reinsurance and insurance writer. PartnerRe will purchase the Presidio Reinsurance Group, comprised principally of a managing general agency (MGA) and a reinsurance carrier. The acquisition is subject to customary regulatory approvals and is expected to be completed during Q1 2013.

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