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Fly News Breaks for July 15, 2016
RGA
Jul 15, 2016 | 06:27 EDT
Goldman analyst Michael Kovac upgraded Reinsurance Group to Neutral and raised its price target to $108 from $98. The analyst said Reinsurance is one of the few insurers that will benefit from increased regulation as Solvency II has led some European insurers to exit lines or seek additional reinsurance. Further, the company generates two-thirds of its income from mortality sources, for which it is near the top of our coverage, which should be a tailwind in coming quarters.
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