SCHEDULE I - Consolidated Summary of Investments Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2011

Summary of Investments, Other than Investments in Related Parties [Abstract]

Consolidated summary of investments other than investments in related parties

SCHEDULE I

PartnerRe Ltd.

Consolidated Summary of Investments

Other Than Investments in Related Parties

at December 31, 2011

(Expressed in thousands of U.S. dollars)

							Amount at which
							shown in the
Type of investment			Cost^{(1) (2)}		Fair Value⁽²⁾		balance sheet⁽²⁾
Fixed maturities
	U.S. government and government sponsored enterprises		$	1,084,533	$	1,115,777	$	1,115,777
	U.S. states, territories and municipalities			117,528		123,684		123,684
	Non-U.S. sovereign government, supranational			2,807,363		2,964,091		2,964,091
		and government related
	Corporate			5,461,478		5,746,997		5,746,997
	Asset-backed securities			626,508		633,799		633,799
	Residential mortgage-backed securities			3,224,850		3,282,901		3,282,901
	Other mortgage-backed securities			72,144		74,580		74,580
Total fixed maturities				13,394,404		13,941,829		13,941,829
Equities
	Banks, trust and insurance companies			151,622		137,600		137,600
	Public utilities			25,822		28,415		28,415
	Industrial, miscellaneous and all other			740,169		778,676		778,676
Total equities				917,613		944,691		944,691
Short-term investments			$	42,563		42,571		42,571
Other invested assets⁽³⁾						90,512		90,512
Total					$	15,019,603	$	15,019,603

(1) Original cost of fixed maturities reduced by repayments and adjusted for amortization of premiums or accrual of discounts. Original cost of equity securities. For investments acquired from Paris Re, cost is based on the fair value at the date of acquisition and subsequently adjusted for amortization of fixed maturities and short-term investments.

(2) Excludes the investment portfolio underlying the funds held – directly managed account. While the net investment income and net realized and unrealized gains and losses inure to the benefit of the Company, the Company does not legally own the investments.

(3) Other invested assets excludes the Company's investments accounted for using the cost method of accounting, equity method of accounting or investment company accounting.

- Definition

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

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