Sec Form 4 Filing - MONTUPET JEAN PAUL L @ PARTNERRE LTD - 2013-03-05

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

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person MONTUPET JEAN PAUL L 2. Issuer Name and Ticker or Trading Symbol PARTNERRE LTD [ PRE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) EMERSON, 8000 WEST FLORISSANT AVE. 3. Date of Earliest Transaction (MM/DD/YY) 03/05/2013 (Street) ST. LOUIS, MO63136-8506 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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) Code V Amount (A) or (D) Price Common Shares 03/05/2013 M 6,725 A $ 63.26 18,579 D Common Shares 03/05/2013 S 5 D $ 90.32 18,574 D Common Shares 03/05/2013 S 100 D $ 90.33 18,474 D Common Shares 03/05/2013 S 5,800 D $ 90.3326 12,674 D Common Shares 03/05/2013 S 100 D $ 90.34 12,574 D Common Shares 03/05/2013 S 315 D $ 90.36 12,259 D Common Shares 03/05/2013 S 404 D $ 90.37 11,855 D Common Shares 03/05/2013 S 1 D $ 90.371 11,854 D Common Shares 03/05/2013 M 8,500 A $ 66.08 20,354 D Common Shares 03/05/2013 S 200 D $ 90.29 20,154 D Common Shares 03/05/2013 S 6,500 D $ 90.2926 13,654 D Common Shares 03/05/2013 S 300 D $ 90.3 13,354 D Common Shares 03/05/2013 S 600 D $ 90.31 12,754 D Common Shares 03/05/2013 S 600 D $ 90.32 12,154 D Common Shares 03/05/2013 S 200 D $ 90.33 11,954 D Common Shares 03/05/2013 S 100 D $ 90.34 11,854 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Non-qualified Stock Option (Right to Buy) ( 1 ) $ 63.26 03/05/2013 M 6,725 05/12/2006 05/12/2016 Common Shares 6,725 $ 0 0 D Non-qualified Stock Option (Right to Buy) $ 66.08 03/05/2013 M 8,500 05/22/2009 05/22/2019 Common Shares 8,500 $ 0 2,441 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MONTUPET JEAN PAUL L EMERSON 8000 WEST FLORISSANT AVE. ST. LOUIS, MO63136-8506 X Signatures Marc Wetherhill as Attorney-in-Fact for Jean-Paul L. Montupet 03/07/2013 Signature of Reporting Person Dat e

Explanation of Responses:

( 1 )Options granted to Directors are granted out of the Shareholder approved PartnerRe Ltd. 2003 Non-Employee Directors Stock Plan. All options vest immediately on the date of grant and remain exercisable for a period of ten years from the date of grant.

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).

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