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Eklund quits RenRe post

David A. Eklund has resigned as executive vice president of RenaissanceRe Holdings Ltd.Mr. Eklund, who was also president and chief underwriting officer of Renaissance Reinsurance Ltd., resigned to pursue personal interests, the company said.?Mr. Eklund?s roles have been transitioned over the past year to Kevin J. O?Donnell, senior vice president of property catastrophe reinsurance and ceded reinsurance, and Michael W. Cash, senior vice president of specialty reinsurance,? said the bulletin.

David A. Eklund has resigned as executive vice president of RenaissanceRe Holdings Ltd.

Mr. Eklund, who was also president and chief underwriting officer of Renaissance Reinsurance Ltd., resigned to pursue personal interests, the company said.

?Mr. Eklund?s roles have been transitioned over the past year to Kevin J. O?Donnell, senior vice president of property catastrophe reinsurance and ceded reinsurance, and Michael W. Cash, senior vice president of specialty reinsurance,? said the bulletin.

Mr. Eklund, who has been with the company since it was founded 11 years ago, will serve as a consultant to the company on special projects, and has extended his non-compete agreement with Renaissance to a period of two years.

Mr. Eklund said he was resigning to spend more time with his family, who moved back to the US from Bermuda last year.

RenRe chairman and chief executive officer James N. Stanard said: ?Dave Eklund has been with RenaissanceRe since we started in 1993 and has contributed significantly to our success.

?While we will miss seeing Dave on a daily basis, we understand his decision to spend more time with his family.?

Mr. O?Donnell joined RenaissanceRe in 1996 and now manages the group?s property catastrophe reinsurance. He has more than 15 years of insurance and reinsurance experience, including catastrophe underwriting, alternative markets and insurance derivatives and securitisation, the company said.

Mr. Cash joined RenaissanceRe in 2000 and is currently responsible for leading Specialty Reinsurance. He has more than 12 years of insurance and reinsurance experience.

The company?s individual risk operations will continue to be run by William I. Riker, chief executive officer of Glencoe Group Holdings and president of RenaissanceRe Holdings.