RenRe exec pay falls for second year running after ‘disappointing’ results
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RenRe exec pay falls for second year running after ‘disappointing’ results

RenaissanceRe Bermuda.jpg

Executive pay at RenaissanceRe fell for the second year in a row in 2021 after a “disappointing” return for shareholders in a year of elevated natural catastrophes.

The decrease of total compensation of named executive officers was driven by an annual incentive bonus 14% below target, and in the forfeiture of previously granted performance shares.

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