S&P Global Ratings has revised its outlook on Bermuda-based RenaissanceRe Holdings and its operating subsidiaries to negative from stable following its acquisition of Tokio Marine Holdings' reinsurance platform for $1.5 billion.
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RenRe, Tokio Marine Holdings, M&A, Kevin O’Donnell, Insurance, Reinsurance, Bermuda, Ratings, Outlook, S&P Global