In fiscal 2023, which ended Dec 31, 2023, PartnerRe Ltd. generated $2.2 billion of cash from operations, up 52.3% from the year before. The company returned $227.7 million in dividends to shareholders.
USD in millions, except per-share amounts and ratios. The percent under a figure is the change from the year before.
| Line |
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2012
Dec 31, 2012
|
FY 2011
Dec 31, 2011
|
FY 2010
Dec 31, 2010
|
|---|---|---|---|---|---|---|---|---|
| Operating | ||||||||
| Operating cash flow |
2,236
+52.3%
|
1,468
+19.1%
|
1,233
+9.6%
|
1,125
+12.6%
|
999
|
—
|
—
|
1,227
|
| Investing | ||||||||
| Investing cash flow |
-2,173
-226.9%
|
-665
+71.5%
|
-2,329
-268.1%
|
-633
-436.3%
|
-118
|
-220
+79.7%
|
-1,080
-198.0%
|
1,103
|
| Financing | ||||||||
| Debt repaid |
—
|
—
|
—
|
—
|
—
|
0
|
0
-100.0%
|
200
|
| Dividends paid |
228
+21.3%
|
188
+45.1%
|
129
+34.8%
|
96
-60.9%
|
246
+160.8%
|
—
|
—
|
—
|
| Stock buybacks |
—
|
—
|
—
|
—
|
—
|
505
+22.1%
|
414
-61.2%
|
1,065
|
| Financing cash flow |
-228
-17.0%
|
-195
+66.1%
|
-573
-274.6%
|
328
+222.6%
|
-268
|
-688
-184.7%
|
-242
+73.8%
|
-922
|
| Change in cash | ||||||||
| Effect of exchange rate |
11
+159.0%
|
-18
+8.8%
|
-20
-143.8%
|
46
|
—
|
—
|
—
|
—
|
| Net change in cash |
-154
-126.1%
|
591
+135.0%
|
-1,690
-295.1%
|
866
|
—
|
—
|
—
|
—
|
| Per share | ||||||||
| Dividend per share |
—
|
—
|
—
|
—
|
—
|
2.48
+5.5%
|
2.35
+14.6%
|
2.05
|
| Shareholder returns | ||||||||
| Returned to shareholders |
228
|
188
|
129
|
96
|
246
|
505
|
414
|
1,065
|
| Ratios | ||||||||
| Cash conversion |
0.96x
|
—
|
1.61x
|
4.43x
|
1.07x
|
—
|
—
|
1.44x
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and ratios. Capital expenditures, debt repaid, dividends, and buybacks are positive amounts. Investing and financing cash flow keep the filing sign, so an outflow is negative. Free cash flow is operating cash flow minus capital expenditures. Returned to shareholders is dividends plus buybacks. Free cash flow margin, capital expenditures, and stock-based compensation are divided by revenue. Cash conversion is operating cash flow divided by net income. More on our methodology.
Company profile
- Industry
- Accident & Health Insurance (SIC 6321)
- Listed as
- PREJF (OTC)
- Fiscal year ends
- December 31
- Headquarters
- Pembroke, Bermuda
- SEC filer status
- Non-accelerated filer
- SEC CIK
- 911421
- Former names
- PARTNERRE HOLDINGS LTD (until Feb 14, 1995)
Other Accident & Health Insurance companies
- Aflac Inc AFL
- Principal Financial Group Inc PFG
- Unum Group UNM
- CNO Financial Group, Inc. CNO
- Porch Group, Inc. PRCH
Source: SEC EDGAR filings. This is company-reported data, not investment advice.