TransRe-Gen Re deal pressures lower-tier reinsurers: Janney
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TransRe-Gen Re deal pressures lower-tier reinsurers: Janney

Charlie Thomas
18 July 2016
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TransRe's agreement to act as Gen Re's underwriting manager in the broker reinsurance market should be accretive to parent company Alleghany's earnings, but threatens to further squeeze lower tier reinsurers, according to Janney analyst Larry Greenberg.

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