Kevin J. O'Donnell, born in 1975, has been leading RenaissanceRe Holdings Ltd. as its CEO since 2013. He has a strong background in insurance, having joined the company in 1996 and risen through various roles, including Global Chief Underwriting Officer....

Kevin J. O'Donnell, born in 1975, has been leading RenaissanceRe Holdings Ltd. as its CEO since 2013. He has a strong background in insurance, having joined the company in 1996 and risen through various roles, including Global Chief Underwriting Officer. He holds an MBA from Harvard Business School, which supports his strategic thinking in a complex industry. Under his leadership, RenaissanceRe has embraced significant growth, including a gross premiums written increase of 20.8% in 2020, marking a strong performance even during challenging times like the COVID-19 pandemic. His compensation reflects performance-based metrics, with 2023 earnings totaling $23.8 million, showcasing his alignment with shareholder interests through a mix of salary, bonuses, and stock awards. Interestingly, his performance awards, which focus on growing the company’s book value, represent a significant part of his pay, emphasizing long-term success over short-term gains. O'Donnell also engages actively in initiatives targeting climate resilience and improving community impacts through the company's core business strengths. Recent insider trading data shows he has maintained a robust stake in RenaissanceRe, indicating a solid personal commitment to the company's future as it continues to scale.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other RenaissanceRe Holdings CEOs

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Kevin J. O'Donnell

CEO of RenaissanceRe Holdings

Education

Bachelor's degree from Hamilton College, MBA from Columbia University

Field of Expertise

Finance & Banking - Insurance

Sector of Economy

Financial Services

Born

January 1, 1967 - 58 years ago

CEO of RenaissanceRe Holdings for

11 years 11 months (Jul 2013 - Present)

Previous Experience

Joined RenaissanceRe in 1996, served in various roles including Global Chief Underwriting Officer.

Rivals

Competitors/colleagues of Kevin J. O'Donnell

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Susan Patricia (Tricia) Griffith

CEO of Progressive

2023 Compensation

Stock

$46.83M

Salary

$994.23K

Bonus

$4.42M

Other

$217.95K

Total Holdings

$162.74M

Holdings

See how much did Kevin J. O'Donnell make over time.

Kevin O'Donnell's holdings in RenaissanceRe have shown a gradual increase, peaking at around $104.6 million in September 2024. His wealth profile fluctuated significantly, reflecting the company's strong performance and market conditions. In 2023, his holdings reached approximately $63 million, which...

Kevin O'Donnell's holdings in RenaissanceRe have shown a gradual increase, peaking at around $104.6 million in September 2024. His wealth profile fluctuated significantly, reflecting the company's strong performance and market conditions. In 2023, his holdings reached approximately $63 million, which is a substantial rise from $36 million in late 2019, indicating both his confidence in the business and a successful tenure as CEO. His vested stocks, awarded through performance grants, have been designed to enhance his personal wealth in tandem with shareholder value, further illustrating his commitment to the company's long-term goals.

Mar 18, 2025

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shares

RNR @ $240.61

Total Stock Sold

$40.82M

RNR

$40.82M

359,556 RNR shares

What if they kept their stock?

If Kevin J. O'Donnell didn't sell their stock, today they would have:
Extra RNR359,556 shares worth $70.29M.
This is 72.17% and $29.46M more than what they got when they sold the stock.

Charitable Transactions

RNR

2,234 shares

RNR

Recent Charitable Transactions

RNR

2,234 shares

RNR

Feb 18, 2016

Charity

Insider Trading

See recent insider trades of Kevin J. O'Donnell.

RNR

31,656 shares

RNR

Mar 1, 2025

Received

RNR

33,678 shares

RNR

Mar 1, 2024

Received

RNR

92,592 shares

RNR

Nov 7, 2023

Received

RNR

$2.50M

RNR at $192.00/share

May 26, 2023

Purchase

RNR

34,635 shares

RNR

Mar 1, 2023

Received

RNR

51,702 shares

RNR

Mar 1, 2022

Received

RNR

$2.16M

RNR at $144.13/share

Oct 29, 2021

Purchase

RNR

43,122 shares

RNR

Mar 1, 2021

Received

RNR

$1.97M

RNR at $167.29/share

Mar 1, 2021

Sale

RNR

41,151 shares

RNR

Mar 1, 2020

Received

Compensation History

See how much did Kevin J. O'Donnell make over time.

In 2023, CEO Kevin O'Donnell's total compensation was reported at $23.8 million, comprising a $1.18 million salary, a bonus of $4.83 million linked to strong performance metrics, and substantial stock awards worth over $2.6 million. This pay mix showcases how his compensation is heavily tied to the company’s performance, with incentives aligned with long-term growth and shareholder value. Over the years, the compensation structure has evolved to emphasize performance-based awards, ensuring that a large portion of his pay is at risk and tied directly to RenaissanceRe's success. The company’s compensation philosophy emphasizes rewarding executives for achieving defined targets, making sure their interests are in sync with those of shareholders.

Year

2023

Total Compensation

$9.26M

Salary

$1.18M

Board Justification

The compensation program is designed to align executive pay with long-term performance and shareholder interests, with a significant portion of pay being performance-based and at-risk.

Bonus

$4.83M

Board Justification

Annual incentive bonus based on performance metrics, paid out at 182% of target due to strong performance in 2023.

Other

$620.31K

Board Justification

Includes 401(k) matching contributions, life insurance premiums, personal travel, housing benefits, and other benefits.

Restricted Stock

$2.63M(11.55K Restricted Shares)

Board Justification

Time-vested restricted shares granted on March 1, 2023, vesting in four equal installments, with the first installment vesting on March 1, 2024.

Performance Metrics

Performance metrics include combined ratio rank versus peers, operating return on average common equity, and gross written premiums to budget.

Other RenaissanceRe Holdings CEOs

Here are other CEOs of RenaissanceRe Holdings

Neill A. Currie

Founder and Ex-CEO of RenaissanceRe Holdings

November 2005 - July 2013