RenRe celebrates 25th anniversary

RenaissanceRe has celebrated the 25th anniversary of its creation in 1993.

In a statement the company said that it was founded to deliver the most creative risk solutions and best client service in the industry.

The company was set up in the wake of Hurricane Andrew, a Category 5 Atlantic hurricane that struck the Bahamas and Florida in mid-August 1992 and which caused substantial damage.

“Over the past 25 years, RenaissanceRe has grown and evolved to meet our clients’ biggest risk challenges,” said Kevin O’Donnell, president and chief executive officer. “Since the very beginning, we have been committed to our guiding principles of providing superior client service, superior risk selection and superior capital management.

“I am proud of the RenaissanceRe team and the company we have built, and deeply value the partnerships we have made around the world. On behalf of RenaissanceRe, I want to thank everyone who has helped us succeed and look forward to working with you in the years to come.”