Partner Re's takeover of Paris Re might "hurt" financially, analysts say
Analysts at JP Morgan have said Partner Re's buyout of Paris Re won't be of great financial help to the group, and lowered its price target on the reinsurer.
Partner Re's $1.7bn buyout of Paris Re is unlikely to help the (re)insurer's long-term operating return on equity strategy, analysts at JP Morgan said.
The US investment bank said: "Over time, we
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