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Fitch Maintains PartnerRe on Watch Negative Following Acquisition Agreement with EXOR

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has maintained PartnerRe Ltd.'s (PRE) ratings on Rating Watch Negative, including its 'A+' Issuer Default Rating (IDR) and the 'AA-' Insurer Financial Strength (IFS) rating of Partner Reinsurance Company Ltd., the company's principal reinsurance operating subsidiary. A complete list of rating actions appears below. KEY RATING DRIVERS Fitch's rating action follows the announcement today that PRE has agreed to be purchased by EXOR S.p.A. (EXOR), an Italian-

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