Endurance M&A ambition prompts KBW downgrade
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Endurance M&A ambition prompts KBW downgrade

Equity analysts at investment bank Keefe Bruyette & Woods (KBW) have downgraded Bermudian (re)insurer Endurance, warning that new CEO John Charman's ambitious plans for acquisition-led growth could hold back its short-term share price performance.

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