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James Fraser is to replace Mark Wilcox as chief accounting officer at RenaissanceRe Holdings. After 13 years with the company, Mr Wilcox is to return to the US to pursue an opportunity outside of RenRe. His successor, Mr Fraser, will take on responsi...

Bermuda is “confidently emerging from the throes of an economic downturn”, a cabinet minister said on a visit to an international reinsurance company. Senator Jeff Baron, the Minister of National Security, told staff of RenaissanceRe Holdings that th...

Bermudian-based reinsurer RenaissanceRe Holdings Ltd saw second-quarter profit rise despite taking a hit of more than $60 million from catastrophe claims. The company posted net income of $136.3 million for the April-through-June period, up from $73....

RenaissanceRe chief financial officer Jeffrey Kelly is to stand down, the company said yesterday. Mr Kelly, 62, who will retire in September, will hand over the job to Robert Qutub, but will remain an adviser to the firm. Kevin O’Donnell RenRe’s CEO,...

The role Bermuda plays in helping countries and communities to recover from natural disasters and catastrophes was highlighted at the New York Stock Exchange yesterday. A forum hosted by RenaissanceRe was attended by 200 leaders from a variety of are...

Lessons learnt from the experience of Hurricane Sandy barrelling into New York and New Jersey in 2012 will be the focus of a RenaissanceRe-hosted forum at the New York Stock Exchange next week. Manhattan’s recovery from Sandy, the second-costliest US...

Bermuda-based reinsurer RenaissanceRe is to host a major conference on storm recovery in New York. Around 150 environmentalists, policymakers, scientists and insurance industry experts will converge on the New York Stock Exchange next month for the e...

Jonathan Kent, Business Editor Bermudian reinsurer RenaissanceRe Holdings Ltd’s first-quarter profit fell by nearly a quarter as it increased reserves by more than $20 million in its specialty reinsurance segment. RenRe said net income for the Januar...

A long-serving director at Bermudian-based RenaissanceRe is to step down. Nicholas Trivisonno, 68, a board member for 12 years, will be replaced by Carol Sanders, who is on the board of directors of Alliant Energy, where she chairs the compensation a...

RenaissanceRe Holdings Ltd made a profit of $92.2 million in the fourth quarter, bringing the total net income available to common shareholders for the year to $408.8 million. Year-on-year the quarterly figure was down from $170.8 million, and the fu...

RenaissanceRe Holdings has appointed David Marra as president of Renaissance Reinsurance US. Mr Marra has more than 15 years experience in the Bermuda reinsurance market. He joined Bermuda-based RenRe in 2008 as a vice-president and was appointed to ...

Kevin O’Donnell, the chief executive officer of RenaissanceRe, spelled out the importance of education to a group of 40 female students who visited the reinsurance firm. The students, from eight of the Island’s senior schools, were hosted by the Rena...