Exhibit 99.3

News Release

PartnerRe Ltd. Declares Quarterly Dividend of $0.62 Per Ordinary Share

PEMBROKE, Bermuda, April 30, 2012 — PartnerRe Ltd. (NYSE,Euronext:PRE) today announced that its Board of Directors has declared a dividend of $0.62 per common share

The dividend will be payable on June 1, 2012, to common shareholders of record on May 21, 2012, with the stock trading ex-dividend commencing May 17, 2012.

PartnerRe Ltd. is a leading global reinsurer, providing multi-line reinsurance to insurance companies. The Company, through its wholly owned subsidiaries, also offers capital markets products that include weather and credit protection to financial, industrial and service companies. Risks reinsured include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity and health, and alternative risk products. For the year ended December 31, 2011, total revenues were $5.4 billion. At December 31, 2011, total assets were $22.9 billion, total capital was $7.3 billion and total shareholders’ equity was $6.5 billion.

PartnerRe on the Internet: www.partnerre.com