RenRe readies for ‘most attractive markets in decades’ with top leaders

RenaissanceRe Holdings has bolstered its top leadership to advance its gross-to-net strategy as the Bermudian reinsurer looks to take advantage of opportunities in what its CEO describes as the “most attractive markets in decades”.

David Marra (Pictured Left) has been appointed as RenaissanceRe's US reinsurance CEO and group CUO to succeed Ross Curtis (Pictured Right), who will take on the newly created role of chief portfolio officer.

Marra is currently the chief underwriting officer for the casualty & specialty segment and president of Renaissance Reinsurance US. He has been with the company since 2008. In his new role, Marra will be responsible for developing and executing the company’s underwriting strategy, including risk appetite, client engagement, and business and product development. He will also join RenaissanceRe’s Governance Committee.

Curtis is currently the group CUO for RenaissanceRe and has held underwriting roles of increasing leadership since 1999. He will now be responsible for the execution of RenaissanceRe’s gross-to-net strategy, helping advance the company’s ability to create attractive portfolios and match those portfolios with the most appropriate capital. Curtis will oversee risk tolerance, portfolio optimization, deployed underwriting capital, and the Claims function. He will remain a member of RenaissanceRe’s Governance Committee.

Kevin O’Donnell, president and chief executive officer of RenaissanceRe, said: “We believe we are entering one of the most attractive markets in decades. The appointment of two of our most seasoned leaders to these crucial roles positions us to capitalize on market opportunities and optimize our gross-to-net strategy across underwriting cycles.”

O’Donnell added: “These appointments reflect our deep bench strength. In his 15 years at RenaissanceRe, David has grown our Casualty & Specialty business into an industry-leading franchise and built our U.S. platform from the ground up. His client and broker relationships stretch across our underwriting book, and his risk acumen, coupled with his ability to bring together all aspects of the Integrated System, make him an excellent choice for this critical role. Ross is one of our most seasoned executives, and his underwriting expertise, combined with his deep understanding of our Integrated System, will ensure we remain at the forefront of portfolio construction and capital efficiency as we execute into this attractive market.”

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