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Validus’s Longhorn purchase a ‘shrewd move’


Validus’s acquisition of small Bermuda crop reinsurer Longhorn Re has been described as a shrewd move by analysts who have welcomed the diversification it brings the bigger company. The crop reinsurance market also looks set to benefit from rate hikes after heavy losses in recent years.

Validus, Crop Insurance, Crop Reinsurance, Longhorn Re, Stifel Nicolaus

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