SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MOORE SCOTT D

(Last)

(First)

(Middle)

PARTNERRE LTD.

96 PITTS BAY ROAD

(Street)

PEMBROKE

HM08

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PARTNERRE LTD [ PRE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO PartnerRe US

3. Date of Earliest Transaction (Month/Day/Year)
12/03/2004

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/03/2004		M		27,766	A	$44.75	42,693	D
Common Stock	12/03/2004		S		27,766	D	$60.2	14,927	D
Common Stock	12/03/2004		M		46,775	A	$31	61,702	D
Common Stock	12/03/2004		S		46,775	D	$60.2	14,927	D
Common Stock	12/03/2004		M		27,866	A	$46.84	42,793	D
Common Stock	12/03/2004		M		544	A	$35.06	43,337	D
Common Stock	12/03/2004		S		544	D	$60.2	42,793	D
Common Stock	12/04/2004		S		27,866	D	$60.2	14,927	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$31	12/03/2004		M			46,775	⁽¹⁾	02/28/2010	Common Stock	46,775	$0	0	D
Non-Qualified Stock Option (right to buy)	$35.06	12/03/2004		M			544	⁽²⁾	02/07/2007	Common Stock	544	$0	0	D
Non-Qualified Stock Option (right to buy)	$44.75	12/03/2004		M			27,766	⁽³⁾	02/05/2009	Common Stock	27,766	$0	0	D
Non-Qualified Stock Option (right to buy)	$46.84	12/03/2004		M			27,866	⁽⁴⁾	02/06/2008	Common Stock	27,866	$0	0	D

Explanation of Responses:

1. Grant of 46,775 NQ options vesting 10,000 on 2/29/2000, 10,000 on 2/28/2001, 10,000 on 2/28/2002, 10,000 on 2/28/2003 and 6,775 on 2/28/2004

2. NQ Stock Option Grant of 9,444 options with vesting of 3,600 on 2/7/1997, 3,600 on 2/7/1998, 748 on 2/7/1999, 748 on 2/7/2000, and 748 on 2/7/2001.

3. Grant of 27,766 NQ options vesting 6,000 on 2/5/1999, 6,000 on 2/5/2000, 6,000 on 2/5/2001, 6,000 on 2/5/2002 and 3,766 on 2/5/2003

4. NQ Grant of 27,866 options vesting 6,000 on 2/6/1998, 6,000 on 2/6/1999, 6,000 on 2/6/2000, 6,000 on 2/6/2001 and 3,866 on 2/6/2002.

	By: Amanda E. Sodergren as Attorney-in-Fact For: Scott Moore	12/07/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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