PartnerRe Ltd Files Form 15-15D with the SEC

In a recent SEC filing, PartnerRe Ltd (Filer) submitted a Form 15-15D, signaling its intent to deregister its registered securities. This move indicates that the company no longer wishes to have its securities traded on a public stock exchange. Deregistration can reduce regulatory and administrative burdens for the company, potentially saving costs in the long run. However, it also means that the company’s financial information will no longer be readily available to the public.

PartnerRe Ltd is a reinsurance company that provides specialty property and casualty reinsurance, as well as alternative risk products. The company, which was acquired by Exor in 2016, operates globally with offices in Bermuda, Switzerland, and the United States. PartnerRe’s decision to deregister its securities may be part of a strategic shift in its corporate structure or financial priorities. For more information about PartnerRe Ltd, you can visit their website here.

Form 15-15D is a filing with the Securities and Exchange Commission (SEC) used by companies to suspend reporting obligations under the Securities Exchange Act of 1934. By submitting this form, companies can deregister their securities and suspend their reporting obligations with the SEC. This can be seen as a significant decision by companies looking to reduce regulatory compliance costs and streamline their operations.

Read More:
PartnerRe Ltd Files Form 15-15D with the SEC