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Fly News Breaks for January 16, 2019
RNR
Jan 16, 2019 | 07:15 EDT
As previously reported, BofA/Merrill downgraded RenaissanceRe to Underperform from Neutral, but upgraded its price target to $66 from $64. Analyst Jay Cohen is disappointed in the reinsurance renewal season saying, overall, rates were flat to slightly down on January 1.
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