Internal restructuring
île de France; Paris;
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65.20 - Reinsurance

60 jobs
Number of planned job losses
Job loss
Announcement Date
19 July 2013
Employment effect (start)
1 August 2013
Foreseen end date
26 January 2015


In July 2013, the reinsurance company Partner Re (400 employees) has announced a social plan to cut about 60 positions in Paris. It is the second social plan (130 job cuts) since 2009 after the decision to take over Paris Re. The group took its decision in the framework of a world-wide restructuring plan of about 140 job cuts (France, Canada, United States, Singapour, China). The aim is to save about 60 to 70 million dollars per year. The largest number of job cuts will happen in 2013 and the last one in 2015. Management said everything is made to avoid forced dismissals. 


  • 19 July 2013: Les Echos


Eurofound (2013), Partner Re, Internal restructuring in France, factsheet number 75697, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75697.