Aditya Dutt to step down as head of RenaissanceRe Ventures business

Aditya Dutt, the senior vice president of RenaissanceRe Ventures, will leave the re/insurer to pursue a new opportunity.

Kevin O’Donnell, RenaissanceRe Holdings’ chief executive, will assume responsibility for Ventures on an interim basis while a successor is found.

O’Donnell said he was excited to lead the Ventures business, given the abundant opportunities to deploy capital.

“Our Ventures team combines deep bench strength with a track record of innovation,” he said. “For more than 20 years, we have helped our clients reduce their volatility through our unique capability to match attractive risk with both owned and partner capital.”

O’Donnell praised the work Dutt has done in his time at RenaissanceRe. “He has done an outstanding job managing our Ventures business,” he said.