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    Kevin J. ODonnell

    President and Chief Executive Officer at Renaissancere Holdings Ltd
    Board
    Since July 2013
    Age
    58 years
    Tenure
    Joined RenaissanceRe in 1996 and held various positions including Assistant Vice President, Vice President, Senior Vice President, Executive Vice President, and Global Chief Underwriting Officer before becoming President in November 2012 and Chief Executive Officer in July 2013.

    Also at Renaissancere Holdings Ltd

    DM
    David Marra
    Executive Vice President and Group Chief Underwriting Officer
    JCF
    James C. Fraser
    Senior Vice President and Chief Accounting Officer
    RQ
    Robert Qutub
    Executive Vice President and Chief Financial Officer

    About

    Kevin J. O'Donnell is 58 years old. Little personal information beyond his professional background is available, and details regarding his education remain undisclosed.

    He began his tenure at RenaissanceRe in 1996 , progressing through multiple leadership roles such as Assistant Vice President, Vice President, Senior Vice President, Executive Vice President, and Global Chief Underwriting Officer before his promotions to President in November 2012 and Chief Executive Officer in July 2013.

    In addition to his leadership at RenaissanceRe, he has served in influential industry roles including the Chair of ClimateWise since 2022, membership on the U.S. Department of the Treasury Federal Advisory Committee on Insurance from 2023, and serving as Chair for both the Global Reinsurance Forum (2018-2020) and the Association of Bermuda Insurers and Reinsurers (2017-2018).

    $RNR Performance Under Kevin J. ODonnell

    Past Roles

    OrganizationRoleDate RangeDetails
    RenaissanceRe Holdings Ltd. Global Chief Underwriting Officer N/A Held prior to becoming President & CEO
    RenaissanceRe Holdings Ltd. Executive Vice President N/A Held prior to becoming President & CEO
    RenaissanceRe Holdings Ltd. Senior Vice President N/A Held prior to becoming President & CEO
    RenaissanceRe Holdings Ltd. Vice President N/A Held prior to becoming President & CEO
    RenaissanceRe Holdings Ltd. Assistant Vice President N/A Held prior to becoming President & CEO

    External Roles

    OrganizationRoleDate RangeDetails
    U.S. Department of the Treasury Federal Advisory Committee on Insurance Member Since 2023 N/A
    ClimateWise Insurance Advisory Council Chair Since 2022 N/A

    Fixed Compensation

    Data from  FY 2024
    Component NameAmount ($)Payment ScheduleAdditional Details
    Salary1,180,000 AnnualBase Salary for 2024.
    Bonus4,672,800 AnnualAnnual Incentive Bonus calculated as 225% of base salary with a 176% payout factor.
    All Other Compensation670,501 AnnualTotal includes: 401(k)/Pension Matching (20,700 ), Life Insurance Premiums (5,962 ), Personal Travel (236,999 ), Housing Benefits (356,004 ), Other Benefits (50,836 ).

    Performance Compensation

    Data from  FY 2024

    Stock Awards

    MetricValue ([citation])
    Threshold Shares3,929
    Target Shares11,226
    Maximum Shares22,452
    Grant DateMarch 1, 2024
    Grant Date Fair Value$2,507,327
    Grant Date Stock Price$223.35
    VestingCliff vest after 3 years ending December 31, 2026

    *Additionally, Time-Vested Restricted Shares vest in four equal annual installments starting March 1, 2025. *

    Non-Equity Incentive Plan Compensation

    MetricValue ([citation])
    Weight – Gross Premiums Written20%
    Weight – Adjusted Operating ROE50%
    Weight – Strategic Accomplishments30%
    Threshold Achievement$1,008,900
    Target Achievement$2,655,000
    Maximum Achievement$5,310,000
    Actual Payout$4,672,800
    Performance Factor176%
    Payment ScheduleAnnual; Determined February 2025
    Grant/Approval DatesGrant Date: March 1, 2024; Approval Date: February 6, 2024

    This section details the performance compensation components for 2024, covering both Stock Awards and Non-Equity Incentive Plan Compensation with relevant metrics, targets, thresholds, weights, vesting schedules, evaluation periods, and actual results.