{"id":393172,"date":"2020-12-03T16:18:09","date_gmt":"2020-12-03T21:18:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=393172"},"modified":"2020-12-03T16:18:09","modified_gmt":"2020-12-03T21:18:09","slug":"renaissancere-names-shannon-lowry-bender-as-group-general-counsel","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-names-shannon-lowry-bender-as-group-general-counsel\/","title":{"rendered":"RenaissanceRe Names Shannon Lowry Bender as Group General Counsel"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b><i>RenaissanceRe Names Shannon Lowry Bender as Group General Counsel<\/i><\/b><\/p>\n<p>PEMBROKE, Bermuda&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<span style=\"font-weight:normal\">RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Shannon Lowry Bender will assume the role of Senior Vice President, Group General Counsel and Corporate Secretary effective January 1, 2021. She succeeds Stephen Weinstein, Executive Vice President, Group General Counsel, Corporate Secretary and Chief Compliance Officer, who will be departing RenaissanceRe on December 31, 2020 and will continue to serve as an advisor for 12 months.<\/span><\/p>\n<p><span style=\"font-weight:normal\">Kevin O\u2019Donnell, Chief Executive Officer, said: \u201cI am delighted to welcome Shannon to our global leadership team. She joins us at an exciting time, and I look forward to the external perspective and deep experience that she will bring as we execute our strategy into a strong market.\u201d <\/span><\/p>\n<p><span style=\"font-weight:normal\">Mr. O\u2019Donnell continued: \u201cI appreciate Steve\u2019s significant contributions over nearly two decades with RenaissanceRe. He has served as a trusted advisor to our company as we have expanded our global platforms and diversified our business. In addition to his many accomplishments as Group General Counsel, Steve has also advanced our industry\u2019s leadership in natural disaster risk mitigation, especially related to climate change. We wish him all the best in his future endeavors.\u201d <\/span><\/p>\n<p><span style=\"font-weight:normal\">Ms. Bender will be based at RenaissanceRe\u2019s Bermuda headquarters, pending Bermuda immigration approval. She has over 25 years of experience in corporate law, governance and mergers &amp; acquisitions. She joins from CIT, a publicly listed financial and bank holding company, where she was Senior Vice President &amp; Chief Corporate Counsel. Prior to CIT, she was a Partner at Fried, Frank, Harris, Shriver &amp; Jacobson LLP in New York. <\/span><\/p>\n<p><b>About RenaissanceRe <\/b><\/p>\n<p><span style=\"font-weight:normal\">RenaissanceRe is a global provider of reinsurance and insurance that specializes in matching well-structured risks with efficient sources of capital. We provide property, casualty and specialty reinsurance and certain insurance solutions to customers, principally through intermediaries. Established in 1993, we have offices in Bermuda, Australia, Ireland, Singapore, Switzerland, the United Kingdom and the United States.<\/span><\/p>\n<p><b>Cautionary Statement Regarding Forward-Looking Statements<\/b><\/p>\n<p><span style=\"font-weight:normal\">Any forward-looking statements made in this Press Release reflect RenaissanceRe\u2019s current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous factors that could cause actual results to differ materially from those set forth in or implied by such forward-looking statements, including the following: the uncertainty of the continuing impact of the COVID-19 pandemic and measures taken in response thereto; the effect of legislative, regulatory, judicial or social influences related to the COVID-19 pandemic on the Company\u2019s financial performance, including the emergence of unexpected or un-modeled insurance or reinsurance losses, and the Company\u2019s ability to conduct its business; the impact and potential future impacts of the COVID-19 pandemic on the value of the Company\u2019s investments and its access to capital in the future or the pricing or terms of available financing; the effect that measures taken to mitigate the COVID-19 pandemic have on the Company\u2019s operations and those of its counterparties; the frequency and severity of catastrophic and other events the Company covers; the effectiveness of the Company\u2019s claims and claim expense reserving process; the effect of climate change on the Company\u2019s business, including the trend towards increasingly frequent and severe climate events; the Company\u2019s ability to maintain its financial strength ratings; the effect of emerging claims and coverage issues; collection on claimed retrocessional coverage, and new retrocessional reinsurance being available on acceptable terms and providing the coverage that the Company intended to obtain; the Company\u2019s reliance on a small and decreasing number of reinsurance brokers and other distribution services for the preponderance of its revenue; the Company\u2019s exposure to credit loss from counterparties in the normal course of business; the effect of continued challenging economic conditions throughout the world; the performance of the Company\u2019s investment portfolio; a contention by the U.S. Internal Revenue Service that Renaissance Reinsurance Ltd., or any of the Company\u2019s other Bermuda subsidiaries, is subject to taxation in the U.S.; the effects of U.S. tax reform legislation and possible future tax reform legislation and regulations, including changes to the tax treatment of the Company\u2019s shareholders or investors in its joint ventures or other entities it manages; the effect of cybersecurity risks, including technology breaches or failure, on the Company\u2019s business; the success of any of the Company\u2019s strategic investments or acquisitions, including its ability to manage its operations as its product and geographical diversity increases; the Company\u2019s ability to retain its key senior officers and to attract or retain the executives and employees necessary to manage its business; the Company\u2019s ability to effectively manage capital on behalf of investors in joint ventures or other entities it manages; foreign currency exchange rate fluctuations; soft reinsurance underwriting market conditions; changes in the method for determining the London Inter-bank Offered Rate and the potential replacement of LIBOR; losses the Company could face from terrorism, political unrest or war; the Company\u2019s ability to successfully implement its business strategies and initiatives; the Company\u2019s ability to determine any impairments taken on its investments; the effects of inflation; the ability of the Company\u2019s ceding companies and delegated authority counterparties to accurately assess the risks they underwrite; the effect of operational risks, including system or human failures; the Company\u2019s ability to raise capital if necessary; the Company\u2019s ability to comply with covenants in its debt agreements; changes to the regulatory systems under which the Company operates, including as a result of increased global regulation of the insurance and reinsurance industries; changes in Bermuda laws and regulations and the political environment in Bermuda; the Company\u2019s dependence on the ability of its operating subsidiaries to declare and pay dividends; aspects of the Company\u2019s corporate structure that may discourage third-party takeovers and other transactions; difficulties investors may have in servicing process or enforcing judgments against the Company in the U.S.; the cyclical nature of the reinsurance and insurance industries; adverse legislative developments that reduce the size of the private markets the Company serves or impede their future growth; consolidation of competitors, customers and insurance and reinsurance brokers; the effect on the Company\u2019s business of the highly competitive nature of its industry, including the effect of new entrants to, competing products for and consolidation in the (re)insurance industry; other political, regulatory or industry initiatives adversely impacting the Company; the Company\u2019s ability to comply with applicable sanctions and foreign corrupt practices laws; increasing barriers to free trade and the free flow of capital; international restrictions on the writing of reinsurance by foreign companies and government intervention in the natural catastrophe market; the effect of Organisation for Economic Co-operation and Development or European Union measures to increase the Company\u2019s taxes and reporting requirements; changes in regulatory regimes and accounting rules that may impact financial results irrespective of business operations; the Company\u2019s need to make many estimates and judgments in the preparation of its financial statements; the effect of the exit by the United Kingdom from the EU; and other factors affecting future results disclosed in RenaissanceRe\u2019s filings with the SEC, including its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.<\/span><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201203006041r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201203006041\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201203006041\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Contact:<br \/>\n<br \/>RenaissanceRe Holdings Ltd.<br \/>\n<br \/>Keith McCue<br \/>\n<br \/>Senior Vice President, Finance &amp; Investor Relations<br \/>\n<br \/>441-239-4830\n<\/p>\n<p>\nMedia Contacts:<br \/>\n<br \/>RenaissanceRe Holdings Ltd.<br \/>\n<br \/>Keil Gunther<br \/>\n<br \/>Vice President, Head of Global Marketing &amp; Client Communications<br \/>\n<br \/>441-239-4932\n<\/p>\n<p>\nKekst CNC<br \/>\n<br \/>Dawn Dover<br \/>\n<br \/>212-521-4800\n<\/p>\n<p><b>KEYWORDS:<\/b> Bermuda Caribbean<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Professional Services Professional Services Insurance Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201203006041\/en\/663463\/3\/RenaissanceRe_medium.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>RenaissanceRe Names Shannon Lowry Bender as Group General Counsel PEMBROKE, Bermuda&#8211;(BUSINESS WIRE)&#8211;RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Shannon Lowry Bender will assume the role of Senior Vice President, Group General Counsel and Corporate Secretary effective January 1, 2021. She succeeds Stephen Weinstein, Executive Vice President, Group General Counsel, Corporate Secretary and Chief Compliance Officer, who will be departing RenaissanceRe on December 31, 2020 and will continue to serve as an advisor for 12 months. Kevin O\u2019Donnell, Chief Executive Officer, said: \u201cI am delighted to welcome Shannon to our global leadership team. She joins us at an exciting time, and I look forward to the external perspective and deep experience that she will bring as we execute our strategy &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-names-shannon-lowry-bender-as-group-general-counsel\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RenaissanceRe Names Shannon Lowry Bender as Group General Counsel&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-393172","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RenaissanceRe Names Shannon Lowry Bender as Group General Counsel - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-names-shannon-lowry-bender-as-group-general-counsel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RenaissanceRe Names Shannon Lowry Bender as Group General Counsel - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RenaissanceRe Names Shannon Lowry Bender as Group General Counsel PEMBROKE, Bermuda&#8211;(BUSINESS WIRE)&#8211;RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Shannon Lowry Bender will assume the role of Senior Vice President, Group General Counsel and Corporate Secretary effective January 1, 2021. She succeeds Stephen Weinstein, Executive Vice President, Group General Counsel, Corporate Secretary and Chief Compliance Officer, who will be departing RenaissanceRe on December 31, 2020 and will continue to serve as an advisor for 12 months. Kevin O\u2019Donnell, Chief Executive Officer, said: \u201cI am delighted to welcome Shannon to our global leadership team. 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(NYSE: RNR) announced today that Shannon Lowry Bender will assume the role of Senior Vice President, Group General Counsel and Corporate Secretary effective January 1, 2021. She succeeds Stephen Weinstein, Executive Vice President, Group General Counsel, Corporate Secretary and Chief Compliance Officer, who will be departing RenaissanceRe on December 31, 2020 and will continue to serve as an advisor for 12 months. Kevin O\u2019Donnell, Chief Executive Officer, said: \u201cI am delighted to welcome Shannon to our global leadership team. 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