FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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(Print or Type Responses)

1. Name and Address of Reporting Person *   Pestcoe Marvin 2. Date of Event Requiring Statement (Month/Day/Year) 10/01/2010 3. Issuer Name and Ticker or Trading Symbol PARTNERRE LTD [PRE] (Last) (First) (Middle) PARTNERRE CAPITAL MARKETS CORP, ONE GREENWICH PLAZA 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) CEO, Capital Markets Group 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) GREENWICH, CT 06830-6352 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 Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Shares 9,808 D Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Share Option (right to buy)	  (1)	02/25/2013	Common Shares	7,500	$ 49.68	D	Â
Non-Qualified Share Option (right to buy)	  (1)	02/24/2014	Common Shares	7,000	$ 55.63	D	Â
Non-Qualified Share Option (right to buy)	  (1)	02/24/2015	Common Shares	11,500	$ 62.7	D	Â
Share-Settled Share Appreciation Rights	  (2)	02/24/2016	Common Shares	3,500	$ 61.2	D	Â
Share-Settled Share Appreciation Rights	  (2)	02/23/2017	Common Shares	10,500	$ 71.35	D	Â
Share-Settled Share Appreciation Rights	  (3)	02/27/2018	Common Shares	12,000	$ 77.92	D	Â
Share-Settled Share Appreciation Rights	  (4)	02/27/2019	Common Shares	2,763	$ 61.9	D	Â
Share-Settled Share Appreciation Rights	  (5)	02/26/2020	Common Shares	10,200	$ 79.61	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Pestcoe Marvin PARTNERRE CAPITAL MARKETS CORP ONE GREENWICH PLAZA GREENWICH, CT 06830-6352	Â	Â	  CEO, Capital Markets Group	Â

Signatures

Amanda E. Sodergren as Attorney-in-Fact for Marvin Pestcoe		10/04/2010
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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).
(1)	The Options are exercisable 33% on the first and second anniversary of the grant date and 34% on the third anniversary of the date of the grant. These Options have all vested and are exercisable.
(2)	The Share-Settled Share Appreciation Rights (SARs) are exercisable 33% on the first and second anniversary of the grant date and 34% on the third anniversary of the date of the grant and are settled in shares. These SARs have all vested and are exercisable.
(3)	The Share-Settled Share Appreciation Rights (SARs) are exercisable 33% on the first and second anniversary of the grant date and 34% on the third anniversary of the date of the grant. The first installment became exercisable on February 27, 2009, the second on February 27, 2010, and the third installment becomes exercisable on February 27, 2011.
(4)	The Share-Settled Share Appreciation Rights (SARs) are exercisable 33% on the first and second anniversary of the grant date and 34% on the third anniversary of the date of the grant. The first installment became exercisable on February 27, 2010, and the next two installments become exercisable on February 27, 2011 and February 27, 2012.
(5)	The Share-Settled Share Appreciation Rights (SARs) are exercisable 33% on the first and second anniversary of the grant date and 34% on the third anniversary of the date of the grant. The first installment becomes exercisable on February 26, 2011, and the next two installments become exercisable on February 26, 2012 and February 26, 2013.

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