PEMBROKE, Bermuda--(BUSINESS WIRE)--Feb. 19, 2016--
RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today that Nicholas L.
Trivisonno, 68, who has served as a member of the Board since 2004, will
retire as a Director, and that Carol P. Sanders, 49, has been nominated
to join the Board, each to occur in conjunction with the Company’s
Annual General Meeting of Shareholders in May 2016. Ms. Sanders most
recently served as Executive Vice President, Chief Financial Officer and
Treasurer of Sentry Insurance a Mutual Company, a property and casualty
mutual insurance carrier with over $14.0B in assets and $4.2B in
policyholder surplus.
Kevin J. O’Donnell, President and Chief Executive Officer, said, “On
behalf of my fellow directors and management team, I am pleased to
recognize Nick’s service. Nick’s wise counsel during his 12 years as a
director helped RenaissanceRe to navigate through market cycles,
important regulatory developments and organizational changes, and we
thank him for his service. We look forward to welcoming Carol and
drawing from her years of experience in senior roles at U.S. insurance
companies. Her insights and expertise will be invaluable as we advance
our worldwide strategy, deploy capital efficiently across an expanding
suite of risks, and, above all, provide best-in-class service to our
clients.”
Ralph B. Levy, non-Executive Chairman of RenaissanceRe added, “The
entire RenaissanceRe Board is grateful for Nick’s service and leadership
as a director. Nick served ably as Audit Committee Chair during a
momentous time in our history, and as a key member of our Corporate
Governance and Compensation Committee in recent years. We are confident
that Carol’s expertise in insurance operations and finance will help
ensure that the perspectives of our clients are well represented in our
deliberations during this period of accelerating change in our industry,
and we welcome her to our Board.”
Ms. Sanders joined Sentry Insurance in June 2013. Previously, Ms.
Sanders served as Executive Vice President and Chief Operating Officer
of Jewelers Mutual Insurance Company from November 2012 until July 2013,
as Senior Vice President, Chief Financial Officer and Treasurer from May
2011 until November 2012 and as Chief Financial Officer from 2004 until
May 2011, after holding a series of positions of increasing
responsibility in finance, accounting, treasury and tax. Ms. Sanders has
served on the Board of Directors of Alliant Energy (NYSE: LNT) since
2005, where she currently chairs the Compensation and Personnel
Committee.
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.

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Source: RenaissanceRe Holdings Ltd.
Investors:
RenaissanceRe Holdings Ltd.
Rohan Pai, 441-295-4513
Director
of Investor Relations
or
Media:
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Peter
Hill or Dawn Dover, 212-521-4800