Ltd., the majority-owned subsidiary of RenaissanceRe Holdings Ltd.

Mr. Hynes, who will now focus on managing the growth of the company's primary insurance operations, has been the senior vice president and chief financial officer of RenaissanceRe since June 1994.

And John M. Lummis has been promoted to senior vice president and chief financial officer of Glencoe.

He previously was vice president, business development of USF&G Corp., but had served on the board of directors of RenaissanceRe Holdings Ltd. since its inception in June 1993.

BUSINESS BUC