Unaudited Quarterly Financial Information

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

22. Unaudited Quarterly Financial Information

	2014												2013
(in millions of U.S. dollars, except per share amounts)	Fourth Quarter			Third Quarter			Second Quarter			First Quarter			Fourth Quarter			Third Quarter			Second Quarter			First Quarter
Net premiums written	$	1,220		$	1,343		$	1,419		$	1,738		$	1,186		$	1,265		$	1,309		$	1,636
Net premiums earned	1,446			1,557			1,353			1,254			1,421			1,421			1,209			1,147
Net investment income	115			118			130			117			114			122			125			124
Net realized and unrealized investment gains (losses)	98			(34		)	166			142			99			16			(299		)	23
Other income	4			2			9			—			3			5			4			4
Total revenues	1,663			1,643			1,658			1,513			1,637			1,564			1,039			1,298
Losses and loss expenses and life policy benefits	870			960			884			749			879			751			867			661
Acquisition costs	325			322			303			265			318			283			242			235
Other expenses	123			108			107			111			131			108			145			116
Interest expense	12			12			12			12			12			12			12			12
Amortization of intangible assets	6			7			7			7			6			7			7			7
Net foreign exchange (gains) losses	(7		)	(8		)	(2		)	—			8			1			11			(2		)
Total expenses	1,329			1,401			1,311			1,144			1,354			1,162			1,284			1,029
Income (loss) before taxes and interest in (losses) earnings of equity method investments	334			242			347			369			283			402			(245		)	269
Income tax expense (benefit)	53			46			78			62			11			70			(75		)	42
Interest in (losses) earnings of equity method investments	(1		)	5			5			6			4			6			(4		)	7
Net income (loss)	280			201			274			313			276			338			(174		)	234
Net income attributable to noncontrolling interests	(3		)	(5		)	(2		)	(3		)	(4		)	(4		)	(1		)	—
Net income (loss) attributable to PartnerRe Ltd.	277			196			272			310			272			334			(175		)	234
Preferred dividends	14			14			14			14			14			14			15			15
Loss on redemption of preferred shares	—			—			—			—			—			—			—			9
Net income (loss) attributable to PartnerRe Ltd. common shareholders	$	263		$	182		$	258		$	296		$	258		$	320		$	(190	)	$	210
Basic net income (loss) per common share	$	5.39		$	3.68		$	5.13		$	5.72		$	4.86		$	5.95		$	(3.37	)	$	3.60
Diluted net income (loss) per common share	$	5.26		$	3.60		$	5.02		$	5.61		$	4.76		$	5.84		$	(3.37	)	$	3.53
Dividends declared per common share	$	0.67		$	0.67		$	0.67		$	0.67		$	0.64		$	0.64		$	0.64		$	0.64