RenaissanceRe’s completion of its acquisition of Platinum Underwriters has not resulted in any uptick in share price –largely due to the wider competitive conditions in reinsurance at the moment, according to one analyst. But the long-term implications of the deal should be positive.
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Platinum, RenaissanceRe, RenRe, M&A, mergers & acquisitions, Kevin O'Donnell, Zachs Equity Research, reinsurance