Credit Suisse analyst downgrades cat-exposed RenRe
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Credit Suisse analyst downgrades cat-exposed RenRe

21 October 2013
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Credit Suisse analyst Michael Zaremski said he was expecting a sustained soft market in property catastrophe rates as he downgraded RenaissanceRe from neutral to underperform due to the carrier's above-average exposure to this risk.

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Topics

News Catastrophe bonds ILS Catastrophe losses Property
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