RenaissanceRe to buy Platinum Underwriters for $1.9 billion

RenaissanceRe to buy Platinum Underwriters for $1.9 billion

(Reuters) – RenaissanceRe Holdings Ltd (RNR.N) will buy fellow Bermuda-based reinsurer Platinum Underwriters Holdings Ltd (PTP.N) for about $1.9 billion to boost its business amid intensifying competition and falling premiums. RenaissanceRe will offer …

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