PEMBROKE, Bermuda--(BUSINESS WIRE)--May. 18, 2009--
RenaissanceRe Holdings Ltd. (NYSE: RNR) and its U.S. affiliate
WeatherPredict Consulting Inc. today acknowledged recent recognition of
its hurricane mitigation and awareness efforts at the 23rd
Annual Governor’s Hurricane Conference in Fort Lauderdale. RenaissanceRe
was among the corporate sponsors receiving an award for innovation and
achievement in public awareness and mitigation advocacy for
‘StormStruck: A Tale of Two Homes®,’ the pioneering hurricane safety
attraction at EPCOT® at the Walt Disney World® Resort.
Neill Currie, Chief Executive Officer, said: “RenaissanceRe is proud of
its contributions both to the science of hurricane mitigation and safety
and to public awareness of hurricane risk mitigation techniques – in
particular through our involvement in such exciting projects as
‘StormStruck.’ We were fortunate to be able to partner with committed
mitigation advocates at the Federal Alliance for Safe Homes (FLASH),
State Farm and Simpson Strong-Tie on ‘StormStruck,’ which interactively
educates the public on the perils of weather and what each person can do
to mitigate its effects.”
RenaissanceRe’s commitment to hurricane mitigation extends broadly into
the science and technology of reducing risk. The Company’s joint
research efforts with Florida International University at the
RenaissanceRe ‘Wall of Wind’ continue to show promise for improving
housing construction practices and building materials. In addition,
RenaissanceRe’s series of Hurricane Risk Mitigation Leadership Forums
provide opportunities for education and collaboration around important
public policy issues, successfully bringing together academics,
scientists, and other public and private sector representatives to
advance hurricane risk mitigation efforts and awareness.
“Our organization firmly believes that fostering safer, more
weather-resistant communities will not only contribute to safeguarding
personal and commercial property and reducing insurance premium costs
over time, but will also ultimately save lives,” Mr. Currie concluded.
About RenaissanceRe
RenaissanceRe Holdings Ltd. is a global provider of reinsurance and
insurance. Our business consists of two segments: (1) Reinsurance, which
includes catastrophe reinsurance, specialty reinsurance and certain
joint ventures and other investments managed by our subsidiary
RenaissanceRe Ventures Ltd., and (2) Individual Risk business, which
includes primary insurance and quota share reinsurance.
About WeatherPredict Consulting Inc.
WeatherPredict Consulting Inc. is a U.S. affiliate of RenaissanceRe. The
firm focuses on modeling atmospheric hazards and vulnerability.
WeatherPredict's team of advanced scientists draws upon expertise in
oceanography, meteorology, wind engineering, aerodynamics and computer
simulation. WeatherPredict's business includes providing intelligence on
atmospheric perils to a range of entities with an interest in
anticipating the occurrence and outcome of weather events. For more
information, visit www.weatherpredict.com.
Source: RenaissanceRe Holdings Ltd.
RenaissanceRe
Keil Gunther, 441-295-4513
Director of Marketing
or
Media:
Kekst
and Company
David Lilly or Dawn Dover, 212-521-4800
