kevin o’donnell News

What ‘Follow the Fortunes’ Means for COVID-19 Reinsurance Claims

How reinsurers will respond when cedents pay their insureds for COVID-related business interruptions remains an open question, legal and insurance professionals suggested recently, adding more wrinkles to an already complex claims situation. Illustrating some of the specific reinsurance coverage questions …

RenRe’s Purchase of Tokio Millennium Re Reinforces Strategy of Independence: CEO

RenaissanceRe’s planned $1.5 billion purchase of Tokio Millennium Re (TMR) reinforces its strategy of being an independent reinsurer, according to Kevin O’Donnell, president and CEO of RenRe. “The TMR transaction will accelerate our strategy by providing us greater penetration into …

Ex-NAIC Head Huff Succeeds Kading at Association of Bermuda Insurers & Reinsurers

An ex-chief insurance regulator for Missouri will take over the Association of Bermuda Insurers and Reinsurers starting in January 2018. John Huff, the immediate past president of the National Association of Insurance Commissioners, is succeeding Brad Kading, who is retiring …

O’Donnell, Packo Assume New Leadership Roles at Hylant

Insurance brokerage firm, Hylant, has named Kevin O’Donnell and Tony Packo III to new roles within the leadership team at its headquarters in Toledo, Ohio. O’Donnell was appointed senior vice president, Property/Marine/Global Practice leader. He will manage the practice and …

O’Donnell Promoted to Senior VP, Risk Practices at Hylant

Toledo, Ohio-based insurance broker, Hylant, promoted Kevin O’Donnell to senior vice president, Risk Practices. O’Donnell will lead the property, marine, global risk, casualty, environmental, executive risk, aviation, property risk control, surety and claims risk practice areas. He will work closely …

RenRe Appoints Qutub as CFO, Succeeding Kelly Who Is Retiring

RenaissanceRe Holdings Ltd. announced that Jeffrey D. Kelly, its chief financial officer and chief operating officer, is retiring. Kelly, 62, will be succeeded as CFO by Robert Qutub, effective Aug. 8, 2016, and will remain as chief operating officer until …

ABIR Elects O’Donnell, Duperreault to Chair Posts

The Association of Bermuda Insurers and Reinsurers (ABIR) announced that following the results of a special election to fill a vacancy, Kevin O’Donnell, President and CEO of RenaissanceRe Holdings Ltd., was elected First Deputy Chair and Brian Duperreault, Hamilton Insurance …

RenaissanceRe Syndicate Mgmt. Names Brennan as CEO, Murphy as Chairman

RenaissanceRe Holdings Ltd. announced that Hugh Brennan, currently finance director at RenaissanceRe Syndicate Management Ltd., will become RSM’s chief executive officer, effective for 2016. Brennan joined RenaissanceRe in Bermuda in 2009, subsequently moving to London and assuming a series of …

Catlin Elected Chair of Association of Bermuda Insurers and Reinsurers

Stephen Catlin, Catlin Group Limited CEO, has been elected chair of the Association of Bermuda Insurers and Reinsurers (ABIR) for a two-year term beginning January 1, 2015. Catlin succeeds XL Group plc CEO Mike McGavick who completes his two-year term …

RenaissanceRe Announces Executive Management Changes

RenaissanceRe Holdings Ltd. announced that Peter C. Durhager has decided to step down as executive vice president and chief administrative officer, and that Jeffrey D. Kelly, the company’s executive vice president and chief financial officer, will become chief operating officer …