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Best’s News & Research Service subscription required - June 02, 2020 04:21 PM (EDT)

RenaissanceRe to Raise $957 Million in Share Offer; State Farm to Buy $75 Million in Private Placement

RenaissanceRe Holdings Ltd. said it began a public offering of 5.5 million common shares valued at about $907 million as the reinsurer also said State Farm Mutual Automobile Insurance Co. will buy . . .

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