RenRe promotes leaders to ‘crucial’ new roles
RenaissanceRe Holdings has announced the appointments of David Marra to EVP, group chief underwriting officer (CUO) and chief executive officer (CEO) of Renaissance Reinsurance US Inc. and Ross Curtis to EVP, chief portfolio officer (CPO). These changes are effective January 1, 2023.
As group CUO, Marra will be responsible for developing and executing the company’s underwriting strategy, including risk appetite, client engagement, and business and product development. Marra will also join RenRe’s Governance Committee.
In the newly created role of CPO, Curtis will be responsible for the execution of RenRe’s gross-to-net strategy, advancing the Company’s ability to create attractive portfolios and match those portfolios with the most appropriate capital. Curtis will oversee risk tolerance, portfolio optimisation, deployed underwriting capital, and the Claims function. He will remain a member of RenRe’s Governance Committee.
Kevin O’Donnell, president and CEO of RenRe, 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 capitalise on market opportunities and optimise our gross-to-net strategy across underwriting cycles.”
Marra is currently the CUO for the Casualty & Specialty segment and president of Renaissance Reinsurance US Inc. He has been with RenaissanceRe since 2008. Curtis is currently the group CUO for RenaissanceRe and has held underwriting roles of increasing leadership since 1999.
O’Donnell continued, “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 US 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.”
