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RenaissanceRe Holdings Ltd. Announces the Retirement of Neill A. Currie and Appointment of Kevin J. O’Donnell as Chief

  RenaissanceRe Holdings Ltd. Announces the Retirement of Neill A. Currie and
  Appointment of Kevin J. O’Donnell as Chief Executive Officer and Director

Business Wire

PEMBROKE, Bermuda -- May 15, 2013

RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced that effective July 1,
2013, Neill Currie will retire and Kevin O’Donnell will succeed him as Chief
Executive Officer and join the Board of Directors of the Company. As part of
the transition, Mr. Currie will continue in an advisory capacity to the
Company through the conclusion of his contract in February 2014.

Kevin J. O'Donnell, current President and Global Chief Underwriting Officer of
RenaissanceRe Holding ...

Kevin J. O'Donnell, current President and Global Chief Underwriting Officer of
RenaissanceRe Holdings Ltd., has been appointed Chief Executive Officer and
Director, effective July 1, 2013. (Photo: Business Wire)

Ralph Levy, Chairman of the Company’s Board of Directors, commented: “The
Board gives Kevin our full support in his new role as CEO. He has already
proven himself as an outstanding leader at RenaissanceRe and in the market.
Kevin is both ready to assume his new responsibilities, and the right person
for the position.

“The entire Board would like to thank Neill for his countless contributions to
RenaissanceRe’s success. As a co-founder in 1993, and as CEO since 2005, Neill
has worked tirelessly to build RenaissanceRe into a global leader in our
industry. The foundations he has laid have served us in good stead for twenty
years, and they will remain as the backbone of our continued success.”

Mr. O’Donnell commented: “I am excited and honored to become RenaissanceRe’s
CEO and I want to thank Neill, the Board, and our leadership team and staff
for their support. After seventeen years with RenaissanceRe, I know we have
the best team in the business, and I look forward to leading the firm.

“Working with Neill has been a pleasure and I wish him the very best in his
retirement. Neill’s passion for building a strong company culture and
delivering superior customer service have become hallmarks of RenaissanceRe.
We will ensure that this legacy continues.”

Mr. Currie commented: “I have absolute confidence that Kevin and his executive
team will continue to build long-term value in RenaissanceRe. It is an
exciting time as we celebrate our 20^th anniversary, and I am both proud and
humbled to retire during a period of success and positive change for the
Company. The RenaissanceRe team will continue to provide our valued clients
and partners with superior customer service and results in the years to come.”

Mr. O’Donnell joined RenaissanceRe in 1996 as an International and Ceded
Reinsurance underwriter and has served in positions of increasing leadership
since that time. Mr. O’Donnell previously served as President of RenaissanceRe
Holdings Ltd. since 2012, Global Chief Underwriting Officer since 2010 and
President of Renaissance Reinsurance Ltd. since 2005. In his various roles,
Mr. O’Donnell has managed all of the Company’s reinsurance operations, had
responsibility for direct insurance operations, including at Lloyd’s, and
supervised all assumed risk across the enterprise, including the Company’s
ventures unit. He holds a Bachelor of Arts degree in Economics from Hamilton
College and an M.B.A. from New York University’s Stern School of Business.

RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance.
The Company’s business consists of two reportable segments: (i) Reinsurance,
which includes catastrophe reinsurance, specialty reinsurance and certain
property catastrophe and specialty joint ventures managed by the Company’s
ventures unit, and (ii) Lloyd’s, which includes reinsurance and insurance
business written through Syndicate 1458.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130515006823/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50633752&lang=en

Contact:

Investors:
RenaissanceRe Holdings Ltd.
Rohan Pai, 441-295-4513
or
Media:
Kekst and Company
Peter Hill or Dawn Dover, 212-521-4800
 
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