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 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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1. Name and Address of Reporting Person * MOORE SCOTT D   2. Issuer Name and Ticker or Trading Symbol PARTNERRE LTD [PRE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) CEO PartnerRe US (Last) (First) (Middle) PARTNERRE LTD., 96 PITTS BAY ROAD 3. Date of Earliest Transaction (Month/Day/Year) 12/03/2004 (Street) PEMBROKE, D0 HM08 4. If Amendment, Date Original Filed(Month/Day/Year) 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 Stock 12/03/2004   M   27,766 A $ 44.75 42,693 D   Common Stock 12/03/2004   S   27,766 D $ 60.2 14,927 D   Common Stock 12/03/2004   M   46,775 A $ 31 61,702 D   Common Stock 12/03/2004   S   46,775 D $ 60.2 14,927 D   Common Stock 12/03/2004   M   27,866 A $ 46.84 42,793 D   Common Stock 12/03/2004   M   544 A $ 35.06 43,337 D   Common Stock 12/03/2004   S   544 D $ 60.2 42,793 D   Common Stock 12/04/2004   S   27,866 D $ 60.2 14,927 D

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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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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 (Month/Day/Year)

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)

$ 31

12/03/2004

M

46,775

(1)

02/28/2010

Common Stock

46,775

$ 0

0

D

Non-Qualified Stock Option (right to buy)

$ 35.06

12/03/2004

M

544

(2)

02/07/2007

Common Stock

544

$ 0

0

D

Non-Qualified Stock Option (right to buy)

$ 44.75

12/03/2004

M

27,766

(3)

02/05/2009

Common Stock

27,766

$ 0

0

D

Non-Qualified Stock Option (right to buy)

$ 46.84

12/03/2004

M

27,866

(4)

02/06/2008

Common Stock

27,866

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MOORE SCOTT D PARTNERRE LTD. 96 PITTS BAY ROAD PEMBROKE, D0 HM08			CEO PartnerRe US

Signatures

By: Amanda E. Sodergren as Attorney-in-Fact For: Scott Moore		12/07/2004
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Grant of 46,775 NQ options vesting 10,000 on 2/29/2000, 10,000 on 2/28/2001, 10,000 on 2/28/2002, 10,000 on 2/28/2003 and 6,775 on 2/28/2004
(2)	NQ Stock Option Grant of 9,444 options with vesting of 3,600 on 2/7/1997, 3,600 on 2/7/1998, 748 on 2/7/1999, 748 on 2/7/2000, and 748 on 2/7/2001.
(3)	Grant of 27,766 NQ options vesting 6,000 on 2/5/1999, 6,000 on 2/5/2000, 6,000 on 2/5/2001, 6,000 on 2/5/2002 and 3,766 on 2/5/2003
(4)	NQ Grant of 27,866 options vesting 6,000 on 2/6/1998, 6,000 on 2/6/1999, 6,000 on 2/6/2000, 6,000 on 2/6/2001 and 3,866 on 2/6/2002.

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