Exhibit 21.1

PartnerRe Ltd.

Subsidiaries of the Company



|                                                    |  |                                         |  |                            
|--------------------------------------------------- |  | --------------------------------------- |  | ---------------------------
|                                                    |  | % BeneficialOwnership byImmediateParent |  | JurisdictionofIncorporation
|PartnerRe Ltd.                                      |  |                                        |  | Bermuda                    
|PartnerRe Services Ltd.                             |  | 100                                     |  | Bermuda                    
|Partner Reinsurance Company Ltd.                    |  | 100                                     |  | Bermuda                    
|PartnerRe Servicios Y Compania Limitada (1)         |  | 99                                      |  | Chile                      
|Quantitative Strategies Bermuda Ltd.                |  | 100                                     |  | Bermuda                    
|Quantitative Strategies, LLC                        |  | 100                                     |  | Delaware, United States    
|PPF Holdings I Ltd.                                 |  | 100                                     |  | Bermuda                    
|Renewal Capital LLC (2)                             |  | 99                                      |  | Delaware, United States    
|PPF Holdings II Ltd.                                |  | 100                                     |  | Bermuda                    
|PPF Holdings III Ltd.                               |  | 100                                     |  | Bermuda                    
|PartnerRe Holdings Europe Limited                   |  | 100                                     |  | Ireland                    
|PartnerRe Ireland Insurance Limited                 |  | 100                                     |  | Ireland                    
|PartnerRe Holdings B.V.                             |  | 100                                     |  | Netherlands                
|PartnerRe Holdings SA                               |  | 100                                     |  | France                     
|PartnerRe SA                                        |  | 100                                     |  | France                     
|Partner Reinsurance Europe Limited (3)              |  | 56                                      |  | Ireland                    
|PartnerRe do Brasil Servicos de Assessoria Ltda (4) |  | 99                                      |  | Brazil                     
|PartnerRe Courcelles                                |  | 100                                     |  | France                     
|PartnerRe Facility Management GmbH                  |  | 100                                     |  | Switzerland                
|PartnerRe U.S. Corporation                          |  | 100                                     |  | Delaware, United States    
|PartnerRe Finance A LLC                             |  | 100                                     |  | Delaware, United States    
|PartnerRe Finance B LLC                             |  | 100                                     |  | Delaware, United States    
|PartnerRe Finance C LLC                             |  | 100                                     |  | Delaware, United States    
|PartnerRe Capital Markets Corp                      |  | 100                                     |  | Delaware, United States    
|PartnerRe Principal Finance Inc.                    |  | 100                                     |  | Delaware, United States    
|PartnerRe New Solutions Inc                         |  | 100                                     |  | Delaware, United States    
|PartnerRe Asset Management Corporation              |  | 100                                     |  | Delaware, United States    
|Partner Reinsurance Company of the U.S.             |  | 100                                     |  | New York, United States    
|PartnerRe Insurance Company of New York.            |  | 100                                     |  | New York, United States    
|PartnerRe Finance I Inc.                            |  | 100                                     |  | Delaware, United States    
|PartnerRe Finance II Inc                            |  | 100                                     |  | Delaware, United States    
|PartnerRe Capital Trust II                          |  | 100                                     |  | Delaware, United States    
|PartnerRe Capital Trust III                         |  | 100                                     |  | Delaware, United States    
|PartnerRe Holdings I Switzerland AG                 |  | 100                                     |  | Switzerland                
|PartnerRe Holdings Switzerland GmbH                 |  | 100                                     |  | Switzerland                
|PARIS RE Holdings France                            |  | 100                                     |  | France                     
|PARIS RE SA                                         |  | 100                                     |  | France                     
|PARIS RE Risc Limited                               |  | 100                                     |  | Bermuda                    
|PARIS RE America Insurance Co.                      |  | 100                                     |  | Delaware, United States    
|PARIS RE Asia Pacific Pte Ltd.                      |  | 100                                     |  | Singapore                  
|PARIS RE Switzerland AG                             |  | 100                                     |  | Switzerland                



|(1) | Partner Reinsurance Company Ltd. holds 99% of PartnerRe Servicios Y Compania Limitada and PartnerRe Services Ltd. holds the remaining 1%.
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|(2) | PPF Holdings I Ltd. holds 99% of Renewal Capital LLC and a non-affiliate holds the remaining 1%.
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|(3) | PartnerRe SA holds 56% of Partner Reinsurance Europe Limited and PartnerRe Holdings SA holds the remaining 44%.
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|(4) | Partner Reinsurance Europe Limited holds 99% of PartnerRe do Brasil Servicos de Assessoria Ltda and PartnerRe Holdings Europe Limited holds the remaining 1%.
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