PartnerRe Ltd. (NYSE:PRE)
CAPS Rating:
The Company provides reinsurance on a worldwide basis through its wholly owned subsidiaries, Partner Reinsurance Company Limited and PartnerRe SA and Partner Reinsurance Company.
The Company provides reinsurance on a worldwide basis through its wholly owned subsidiaries, Partner Reinsurance Company Limited and PartnerRe SA and Partner Reinsurance Company.
Recs
EPS is horrible and there is no safe haven for this industry. Corporate bond and municiple bonds will kick the last remaining safe havens butt because banks and businesses will pocket this money rather than infuse in the shorter term. Theft vandalism and default will rise screwing over the reinsurance industry and lost funds on bad reserve investments.