Neill A. Currie is the former CEO of RenaissanceRe Holdings Ltd., a leading global reinsurance and insurance firm. He has a solid background in finance, reinforced by a Bachelor’s degree in Economics from the University of Toronto. Neill co-founded RenaissanceRe...

Neill A. Currie is the former CEO of RenaissanceRe Holdings Ltd., a leading global reinsurance and insurance firm. He has a solid background in finance, reinforced by a Bachelor’s degree in Economics from the University of Toronto. Neill co-founded RenaissanceRe in 1993 and has played various roles in the company since then, demonstrating his expertise in the industry. His tenure as CEO began in 2005, a role he held for over a decade. During his leadership, he aimed to align the interests of management with those of shareholders, which was reflected in his compensation structure that closely tied to performance metrics. For instance, in 2019, he earned a total compensation of about $10.8 million, thanks to a robust cash bonus plan and stock options. Neill also had a notable history of insider trading with his holdings fluctuating significantly; at one point, the value of his holdings reached approximately $69.20 million. His strategic moves and the company’s performance under his leadership cemented his legacy in the reinsurance sector, and he left behind a strong foundation when he stepped down in 2019.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other RenaissanceRe Holdings CEOs

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Neill A. Currie

Founder and Ex-CEO of RenaissanceRe Holdings

Education

Bachelor's degree from Davidson College

Field of Expertise

Finance & Banking - Insurance

Sector of Economy

Financial Services

Born

January 1, 1953 - 72 years ago

CEO of RenaissanceRe Holdings for

7 years 8 months (Nov 2005 - Jul 2013)

Previous Experience

Co-founder of RenaissanceRe in 1993, served as Senior Vice President until 1997, re-joined in 2005 as Executive Vice President.

Rivals

Competitors/colleagues of Neill A. Currie

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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 Neill A. Currie make over time.

Neill Currie's holdings in RenaissanceRe experienced significant fluctuations, reflecting both the company’s performance and his insider trading activities. In 2019, the value of his holdings peaked at around $54.93 million, but it varied each month, reaching as low as $43.47...

Neill Currie's holdings in RenaissanceRe experienced significant fluctuations, reflecting both the company’s performance and his insider trading activities. In 2019, the value of his holdings peaked at around $54.93 million, but it varied each month, reaching as low as $43.47 million in March 2020. Over the years, from 2019 to early 2024, his holdings climbed again, peaking at approximately $73.80 million in September 2024. This volatility indicates his strong engagement with company performance, as his net worth was heavily tied to RenaissanceRe’s stock value.

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Total Stock Sold

$18.07M

RNR

$18.07M

240,000 RNR shares

What if they kept their stock?

If Neill A. Currie didn't sell their stock, today they would have:
Extra RNR240,000 shares worth $40.26M.
This is 122.78% and $22.19M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Neill A. Currie.

RNR

$702.60K

RNR at $93.68/share

May 1, 2013

Sale

RNR

$690.08K

RNR at $92.01/share

Apr 1, 2013

Sale

RNR

49,755 shares

RNR

Mar 1, 2013

Received

RNR

$651.38K

RNR at $86.85/share

Mar 1, 2013

Sale

RNR

$647.03K

RNR at $86.27/share

Feb 1, 2013

Sale

RNR

$608.03K

RNR at $81.07/share

Jan 3, 2013

Sale

RNR

$614.51K

RNR at $81.94/share

Dec 3, 2012

Sale

RNR

$611.85K

RNR at $81.58/share

Nov 1, 2012

Sale

RNR

$579.00K

RNR at $77.20/share

Oct 1, 2012

Sale

RNR

$579.83K

RNR at $77.31/share

Sep 4, 2012

Sale

Compensation History

See how much did Neill A. Currie make over time.

In terms of compensation, Neill Currie received noteworthy amounts throughout his career as CEO of RenaissanceRe. In 2017, he earned around $7.8 million, which included a cash bonus tied to performance metrics, highlighting a strategy focused on rewarding success. By 2019, his compensation surged to about $10.8 million, driven primarily by a substantial cash bonus of $4.2 million. His overall compensation strategy was designed to motivate and align executives' goals with shareholders, ensuring he was rewarded only when the company performed well. Currie’s pay, while generous, reflected the company's adherence to performance-based incentives, illustrating a commitment to shareholder value.

Year

2019

Total Compensation

$9.23M

Salary

$1.10M

Board Justification

The compensation program is designed to align executives’ long-term interests with those of the Company’s shareholders and enhance shareholder value, with a significant portion of compensation tied to performance metrics.

Bonus

$4.23M

Board Justification

Annual, at-risk cash incentive program based on financial metrics and strategic accomplishments for the year 2019.

Other

$761.00K

Board Justification

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

Restricted Stock

$3.14M(16K Time-Vested Restricted Shares)

Board Justification

Time-vested restricted shares granted on March 1, 2019, vesting in equal annual installments over four years, with the first installment vesting on March 1, 2020.

Performance Metrics

Operating return on average common equity, gross premiums written, relative combined ratio, growth in tangible book value per common share plus change in accumulated dividends, and total shareholder return.

Other RenaissanceRe Holdings CEOs

Here are other CEOs of RenaissanceRe Holdings

Kevin J. O'Donnell

CEO of RenaissanceRe Holdings

July 2013 - Present