Sean G. Brosnan Promoted to Senior Vice President, Chief Investment
Officer of RenaissanceRe
Aditya K. Dutt, President, RenaissanceRe Ventures, to take on
Additional Role of Treasurer of RenaissanceRe
Todd R. Fonner, Senior Vice President, Chief Investment Officer and
Treasurer, to Leave Company
PEMBROKE, Bermuda--(BUSINESS WIRE)--Dec. 13, 2016--
RenaissanceRe Holdings Ltd. (NYSE:RNR) (the “Company” or
“RenaissanceRe”) today announced the following management changes
effective March 1, 2017:
Sean Brosnan, Vice President, Managing Director Investments of
Renaissance Services of Europe Ltd. and Chief Executive Officer of
Renaissance Reinsurance of Europe, will be promoted to Senior Vice
President and Chief Investment Officer of RenaissanceRe.
Aditya Dutt, President, RenaissanceRe Ventures, Ltd. and Senior Vice
President, RenaissanceRe will take on the additional role of Treasurer
of RenaissanceRe, which will also include responsibility for Investor
Relations and Corporate Development. Mr. Dutt will continue to lead the
Company’s ventures unit.
Todd Fonner, Senior Vice President, Chief Investment Officer and
Treasurer of RenaissanceRe, has decided to leave the Company to pursue
other opportunities effective March 31, 2017.
“These appointments are reflective of the strength of RenaissanceRe’s
executive bench and underscore how comfortable Bob is with his senior
leadership team,” said Kevin O’Donnell, Chief Executive Officer. “Aditya
is already a vital member of our executive team who will now take on
additional responsibilities and we are confident that as Chief
Investment Officer, Sean will continue to execute our investment
“Sean is a talented executive who has worked closely with Todd since
joining the Company in 2004 and has been very involved in the management
of our investments,” noted Robert Qutub, Chief Financial Officer. “The
role of Treasurer is a natural extension of Aditya’s responsibilities
and one for which he is well qualified, with his deep knowledge of our
capital structure and established relationships in the investment
“We are grateful for the talent and dedication Todd brought to his roles
at RenaissanceRe over the course of the past 15 years,” added Mr. Qutub.
“We appreciate his decision to leave the Company to pursue other
opportunities and wish him all the best. Todd will support us in an
advisory capacity for a period following his departure.”
Mr. Brosnan joined RenaissanceRe in 2004 and most recently served as
Managing Director Investments of Renaissance Services of Europe Ltd.,
and Chief Executive Officer of Renaissance Reinsurance of Europe.
Previously, he served as Head of Portfolio Construction at Irish Life
As President of RenaissanceRe Ventures, Mr. Dutt structures and manages
RenaissanceRe’s joint ventures, including DaVinci Re, Top Layer Re,
Upsilon Fund and Medici Fund. He also directs RenaissanceRe’s portfolio
of strategic investments and insurance-linked securities. Mr. Dutt
joined the Company in 2008.
RenaissanceRe Holdings Ltd. is a global provider of reinsurance and
insurance. The Company’s business consists of two reportable segments:
(1) Property, which is comprised of catastrophe reinsurance, including
certain property catastrophe joint ventures managed by our ventures
unit, and other property reinsurance and insurance and (2) Casualty and
Specialty, which is comprised of casualty and specialty reinsurance and
insurance and certain specialty joint ventures managed by our ventures
View source version on businesswire.com: http://www.businesswire.com/news/home/20161213006196/en/
Source: RenaissanceRe Holdings Ltd.
RenaissanceRe Holdings Ltd.
Senior Vice President, Treasurer
Elizabeth Tillman, 212-238-9224
Kekst and Company
Peter Hill or Dawn