RenaissanceRe Creates Environmental, Social and Governance (ESG) Strategic Areas

RenaissanceRe Holdings Ltd. has announced three strategic focus areas as part of its Environmental, Social and Governance (ESG) strategy: Promoting Climate Resilience; Closing the Protection Gap; and Inducing Positive Societal Change.

More information can be found on RenaissanceRe’s new ESG website, which provides insight into key sustainability activities for RenaissanceRe, such as understanding and modeling the impact of climate change, promoting diversity equity and inclusion (DEI), and fostering a collaborative and entrepreneurial culture that empowers employees.

“At RenaissanceRe, we are committed to helping solve the world’s most complex challenges and being a positive force for change,” said president & CEO Kevin O’Donnell. “This new website provides our stakeholders with a deeper understanding of our ESG activities and demonstrates our commitment to acting with integrity and upholding the highest standards of service and responsibility. It is through these values that we build employee engagement and maintain the trust of our clients, brokers and investors.”

Group chief risk officer and head of Corporate Strategy, Ian Branagan, commented: “Our commitment to good corporate citizenship has always been a central part of our culture and strategy at RenaissanceRe and is firmly embedded in our values. Our new website outlines how we will focus our core business strengths to make a meaningful impact on society.”

A global provider of reinsurance and insurance, RenaissanceRe 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.

Source: RenaissanceRe