RenaissanceRe Appoints Shannon Lowry Bender to Governance Committee

Rhea-AI Summary

RenaissanceRe Holdings Ltd. (NYSE: RNR) has appointed Shannon Lowry Bender, the Group General Counsel and Corporate Secretary, to its Governance Committee, the company's senior management team responsible for governance and strategy. Since joining RenaissanceRe in January 2021, Bender's legal expertise has been pivotal for the executive team and the Board. CEO Kevin J. O'Donnell expressed confidence in her contributions following her invaluable counsel during her tenure.

Positive

• Shannon Bender's appointment is expected to enhance governance and strategic oversight.
• Bender's legal expertise and counsel have been deemed invaluable by the leadership.

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• None.

PEMBROKE, Bermuda--(BUSINESS WIRE)-- RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today that Shannon Lowry Bender, Group General Counsel and Corporate Secretary, has been appointed to the Company’s Governance Committee. The Governance Committee is the most senior management team at RenaissanceRe and is responsible for governance and strategy of the Company.

Shannon Bender (Photo: Business Wire)

Kevin J. O’Donnell, President and Chief Executive Officer of RenaissanceRe, said, “Shannon has been an excellent addition to our senior leadership team. In the time she has been at RenaissanceRe, Shannon’s wise counsel and legal expertise has been invaluable to the Board, our executive team, and me as we execute our strategy. I am delighted to have her join the Governance Committee and look forward to her many continued contributions to RenaissanceRe.”

Ms. Bender joined RenaissanceRe in January 2021 in the Bermuda headquarters. As Group General Counsel, she has oversight of legal, regulatory and compliance matters at the Company.

About RenaissanceRe

RenaissanceRe is a global provider of reinsurance and insurance that specializes in matching well-structured risks with efficient sources of capital. The Company provides property, casualty and specialty reinsurance and certain insurance solutions to customers, principally through intermediaries. Established in 1993, the Company has offices in Bermuda, Australia, Ireland, Singapore, Switzerland, the United Kingdom and the United States.

Cautionary Statement Regarding Forward-Looking Statements

Any forward-looking statements made in this Press Release, including any statements regarding any future results of operations and financial positions, business strategy, plan and any objectives for future operations, reflect RenaissanceRe’s current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous factors that could cause actual results to differ materially from those set forth in or implied by such forward-looking statements, including the factors affecting future results disclosed in RenaissanceRe’s filings with the SEC, including its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220407005980/en/

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Source: RenaissanceRe Holdings Ltd.

FAQ

What is the significance of Shannon Bender's appointment to the Governance Committee at RenaissanceRe?

Shannon Bender's appointment strengthens the Governance Committee, which oversees the company's governance and strategic direction, enhancing leadership effectiveness.

When did Shannon Bender join RenaissanceRe?

Shannon Bender joined RenaissanceRe in January 2021.

Who expressed confidence in Shannon Bender's contributions to RenaissanceRe?

CEO Kevin J. O'Donnell expressed confidence in Shannon Bender's contributions to the company.