BUZZ — Swiss Re down after Jefferies downgrade on reinsurance price declines
* Shares in Swiss Re are seen down some 2% in pre-market trade after Jefferies cut the reinsurer to "underperform" from "hold", citing faster reinsurance price declines and revenue risks * Broker lowers its PT to 110 Swiss Francs ($132.20) from 130 Swiss Francs * It does not expect the reinsurance prices to find a floo