Investment firm BlackRock takes 9.2% stake in RenRe
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Investment firm BlackRock takes 9.2% stake in RenRe

RenaissanceRe Bermuda.jpg

US investment firm BlackRock now owns 9.2% of RenaissanceRe stock, according to documents filed by the company.

BlackRock is the world’s largest asset manager, with assets under management of more than $10tn across its portfolio.

It has been partnering with insurance companies for more than 25 years as part of its Financial Institutions Group.

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