{"id":413561,"date":"2021-01-12T16:19:00","date_gmt":"2021-01-12T21:19:00","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=413561"},"modified":"2021-01-12T16:19:00","modified_gmt":"2021-01-12T21:19:00","slug":"renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\/","title":{"rendered":"RenaissanceRe Announces Environmental, Social and Governance Strategic Focus Areas and Website"},"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 Announces Environmental, Social and Governance Strategic Focus Areas and Website<\/i><\/b><\/p>\n<p>PEMBROKE, Bermuda&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nRenaissanceRe Holdings Ltd. (NYSE: RNR) (the \u201cCompany\u201d or \u201cRenaissanceRe\u201d) 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.\n<\/p>\n<p>\nMore information can be found on RenaissanceRe\u2019s new ESG website (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.renre.com%2Fabout-us%2Fesg-at-renaissancere%2F&amp;esheet=52360601&amp;newsitemid=20210112006024&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.renre.com%2Fabout-us%2Fesg-at-renaissancere%2F&amp;index=1&amp;md5=16493c97bb06814c9430696983735e0b\">https:\/\/www.renre.com\/about-us\/esg-at-renaissancere\/<\/a>) 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.\n<\/p>\n<p>\nPresident &amp; CEO, Kevin O\u2019Donnell, said: \u201cAt RenaissanceRe, we are committed to helping solve the world\u2019s most complex challenges and being a positive force for change. 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.\u201d\n<\/p>\n<p>\nGroup Chief Risk Officer and Head of Corporate Strategy, Ian Branagan, said: &#8220;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. The RenaissanceRe team has long sought to create value and innovation for our partners and we hope to find new ways to apply our energy and expertise to make an impact in our communities and for our fellow citizens.\u201d\n<\/p>\n<p><b>About RenaissanceRe <\/b><\/p>\n<p>\nRenaissanceRe is a global provider of reinsurance and insurance that specializes in matching well-structured risks with efficient sources of capital. The Company 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.\n<\/p>\n<p><b>Cautionary Statement Regarding Forward-Looking Statements<\/b><\/p>\n<p>\nAny 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 Company\u2019s ability to raise capital if necessary; the effect of operational risks, including system or human failures; 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.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210112006024r1&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\/20210112006024\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210112006024\/en\/<\/a><\/span><\/p>\n<p><b>Investor Contact:<br \/>\n<\/b><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><b>Media Contact:<br \/>\n<\/b><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> Professional Services Insurance Environment 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\/20210112006024\/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 Announces Environmental, Social and Governance Strategic Focus Areas and Website PEMBROKE, Bermuda&#8211;(BUSINESS WIRE)&#8211; RenaissanceRe Holdings Ltd. (NYSE: RNR) (the \u201cCompany\u201d or \u201cRenaissanceRe\u201d) 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\u2019s new ESG website (https:\/\/www.renre.com\/about-us\/esg-at-renaissancere\/) 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. President &amp; CEO, Kevin O\u2019Donnell, said: \u201cAt RenaissanceRe, we are committed to helping solve the world\u2019s most complex challenges and being a positive &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RenaissanceRe Announces Environmental, Social and Governance Strategic Focus Areas and Website&#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-413561","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RenaissanceRe Announces Environmental, Social and Governance Strategic Focus Areas and Website - 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-announces-environmental-social-and-governance-strategic-focus-areas-and-website\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RenaissanceRe Announces Environmental, Social and Governance Strategic Focus Areas and Website - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RenaissanceRe Announces Environmental, Social and Governance Strategic Focus Areas and Website PEMBROKE, Bermuda&#8211;(BUSINESS WIRE)&#8211; RenaissanceRe Holdings Ltd. (NYSE: RNR) (the \u201cCompany\u201d or \u201cRenaissanceRe\u201d) 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\u2019s new ESG website (https:\/\/www.renre.com\/about-us\/esg-at-renaissancere\/) 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. President &amp; CEO, Kevin O\u2019Donnell, said: \u201cAt RenaissanceRe, we are committed to helping solve the world\u2019s most complex challenges and being a positive &hellip; Continue reading &quot;RenaissanceRe Announces Environmental, Social and Governance Strategic Focus Areas and Website&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-12T21:19:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210112006024r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"RenaissanceRe Announces Environmental, Social and Governance Strategic Focus Areas and Website\",\"datePublished\":\"2021-01-12T21:19:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\\\/\"},\"wordCount\":1305,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210112006024r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\\\/\",\"name\":\"RenaissanceRe Announces Environmental, Social and Governance Strategic Focus Areas and Website - 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(NYSE: RNR) (the \u201cCompany\u201d or \u201cRenaissanceRe\u201d) 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\u2019s new ESG website (https:\/\/www.renre.com\/about-us\/esg-at-renaissancere\/) 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. President &amp; CEO, Kevin O\u2019Donnell, said: \u201cAt RenaissanceRe, we are committed to helping solve the world\u2019s most complex challenges and being a positive &hellip; Continue reading \"RenaissanceRe Announces Environmental, Social and Governance Strategic Focus Areas and Website\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-12T21:19:00+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210112006024r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"RenaissanceRe Announces Environmental, Social and Governance Strategic Focus Areas and Website","datePublished":"2021-01-12T21:19:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\/"},"wordCount":1305,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210112006024r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/renaissancere-announces-environmental-social-and-governance-strategic-focus-areas-and-website\/","name":"RenaissanceRe Announces Environmental, Social and Governance Strategic Focus Areas and Website - 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