James C. Fraser Named SVP, Chief Accounting Officer
Helen James Named SVP, Global Corporate Controller
PEMBROKE, Bermuda--(BUSINESS WIRE)--Oct. 27, 2016--
RenaissanceRe Holdings Ltd. (NYSE:RNR) (the “Company” or
“RenaissanceRe”) today announced several key leadership changes in its
Finance function effective December 31, 2016. James (“Jamie”) C. Fraser
has been named SVP, Chief Accounting Officer, responsible for oversight
of forecasting, planning and analysis; controls, financial reporting and
tax. He will report to Robert Qutub, Chief Financial Officer. Reporting
to Mr. Fraser will be Helen L. James, who has been named SVP, Global
Corporate Controller. She will be responsible for accounting policy and
controls; management of the groupwide controller’s function; and legal
entity, regulatory and financial reporting. Mark A. Wilcox,
RenaissanceRe’s current SVP, Chief Accounting Officer and Corporate
Controller, also announced that he will be leaving the Company at the
end of the year to return to the U.S. to pursue an outside opportunity.
Kevin O’Donnell, Chief Executive Officer, stated, “The promotions of
Jamie and Helen reflect the considerable breadth and depth of our bench
of executive talent. Both are long-tenured employees, strong leaders and
Mr. O'Donnell added, “We are also grateful to Mark for his contributions
to RenaissanceRe’s success over the past 13 years in his roles as Chief
Accounting Officer, Corporate Controller and, previously, Internal
Auditor. We wish him the best going forward.”
Mr. Qutub said, “In the course of my first several months at
RenaissanceRe, I have been consistently impressed with the caliber of
the entire Finance team. The move of Jamie and Helen into these
important roles demonstrates how the strength of our existing
capabilities will allow us to leverage the strategic value of Finance as
we go forward.”
Mr. Fraser is a Certified Internal Auditor and Chartered Accountant who
joined RenaissanceRe in 2009 and has served as Head of Internal Audit
since 2011. His industry experience includes leadership positions in
finance and risk management at RenaissanceRe, XL Capital and Deloitte.
Mr. Fraser’s appointment is subject to Immigration Department approval.
Ms. James is a Chartered Accountant who joined RenaissanceRe in 2001.
During her tenure with the Company, she has held various positions of
increasing responsibility, including most recently SVP and Controller
for the Company’s ventures unit since 2013.
RenaissanceRe Holdings Ltd. is a global provider of reinsurance and
insurance. The Company’s business consists of three reportable segments:
(1) Catastrophe Reinsurance, which includes catastrophe reinsurance and
certain property catastrophe joint ventures managed by the Company’s
ventures unit; (2) Specialty Reinsurance, which includes specialty
reinsurance and certain specialty joint ventures managed by the
Company’s ventures unit; and (3) Lloyd’s, which includes reinsurance and
insurance business written through RenaissanceRe Syndicate 1458.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161027006120/en/
Source: RenaissanceRe Holdings Ltd.
RenaissanceRe Holdings Ltd.
Mark A. Wilcox,
SVP, Chief Accounting Officer and Corporate Controller
Elizabeth Tillman, 212-238-9224
Kekst and Company
Peter Hill or Dawn