PEMBROKE, Bermuda--(BUSINESS WIRE)--Jun. 1, 2016--
RenaissanceRe Holdings Ltd. (NYSE:RNR) will convene nearly 200 leading
policy makers, insurance industry
experts, scientists, environmentalists, and members of the media to
discuss the recovery of lower Manhattan and lessons learned since
Superstorm Sandy at the “New York Recovery & Resilience Leadership
Forum,” which will take place on June 2, 2016 at The New York Stock
Exchange. The Forum will be conducted through RenaissanceRe’s Risk
Sciences Foundation, which it created to support advanced scientific
research in atmospheric risks, the development of risk mitigation
techniques to safeguard communities, efforts that reduce the economic
turmoil following disasters, and organizations that promote physical and
financial resiliency.
RenaissanceRe CEO Kevin O’Donnell said, “Advancing a shared
understanding of the science surrounding natural catastrophes and
promoting investments in resiliency to protect lives and property from
major events is in RenaissanceRe’s DNA. As the 2016 Atlantic storm
season commences and with the impacts of Sandy still being felt, this
Forum and these conversations are timely. RenaissanceRe will continue to
work with our clients, brokers and other partners worldwide to
accelerate resiliency and to close the natural disaster insurance
coverage gap that leaves communities too exposed.”
The Forum will cover a number of important issues raised by Sandy,
including New York's and the region’s recovery, efforts to promote
resilience before the inevitable next storm, the benefits of
scientifically sound construction and mitigation, the positive impact of
endemic coastal ecosystems and “natural buffers,” and the role of the
private sector in fostering adaptation and sound rebuilding. Speakers at
the symposium, alongside executives from RenaissanceRe, will include the
Hon. Michael Dunkley, Premier of Bermuda; Katherine Greig, Deputy
Director at the New York City Mayor’s Office of Recovery & Resiliency;
John M. Huff, Director of the Missouri Department of Insurance,
Financial Institutions and President of the National Association of
Insurance Commissioners; Samantha Medlock of the White House Office of
Management and Budget; Collin O’Mara, CEO of the National Wildlife
Foundation; and Julie Rochman, President & CEO of the Insurance
Institute for Business & Home Safety. The Forum is fully subscribed but
limited additional media attendance is possible.
“This Forum, the latest in our award-winning series of free-of-charge
outreach events, underscores RenaissanceRe’s commitment to proactive
collaborations with private and public leaders to help make our
communities safer and more resilient, recover faster, and to reduce the
economic toll of the devastating impacts of events like Storm Sandy,"
said Stephen Weinstein, Group General Counsel of RenaissanceRe and Chair
of its Risk Sciences Foundation. “The rising risks of natural disasters
are too material to be solved by any one stakeholder group and open
discussion among government officials, business leaders, researchers,
environmentalists, and others is critical to both identifying solutions
and seeing to their implementation. We are grateful for the
participation of so many committed leaders at this Forum.”
About RenaissanceRe
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.
About the RenaissanceRe Risk Sciences Foundation
RenaissanceRe created the RenaissanceRe Risk Sciences Foundation to
support advanced scientific research in natural catastrophes, the
development of risk mitigation and adaptive techniques to safeguard
communities, efforts that reduce the economic turmoil following
disasters, and organizations that preserve coastal and other
risk-exposed habitats. The Foundation promotes education, preparation,
adaptation, and mitigation of catastrophic risks. For more information,
visit: www.mitigationleadership.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160601005569/en/
Source: RenaissanceRe Holdings Ltd.
Media:
RenaissanceRe Holdings Ltd.
Elizabeth
Tillman, 212-238-9224
Director of Communications
or
Kekst
and Company
Peter Hill or Dawn Dover, 212-521-4800