RenaissanceRe’s stock dropped sharply in early trading in New York, as the reinsurer’s $1.5bn deal to acquire Tokio Milllennium Re (TMR) was seen as reducing the prospect of the buyer receiving a bid.
RenaissanceRe’s stock dropped sharply in early trading in New York, as the reinsurer’s $1.5bn deal to acquire Tokio Milllennium Re (TMR) was seen as reducing the prospect of the buyer receiving a bid.