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.
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.