RenaissanceRe Holdings has appointed David Marra as president of Renaissance Reinsurance US.

Mr Marra has more than 15 years experience in the Bermuda reinsurance market. He joined Bermuda-based RenRe in 2008 as a vice-president and was appointed to the executive committee in 2012.

He succeeds Elizabeth Mitchell, who has worked for Renaissance Reinsurance US and its predecessor companies since 1993. She is taking an extended sabbatical.

Kevin O’Donnell, RenRe’s chief executive officer, said: “Liz has played a key role in RenaissanceRe’s development during the period following our acquisition of Platinum. She has facilitated a smooth transition and helped lead the integration of our strong underwriting cultures.

“My management team, fellow directors and I are thankful for her service and leadership. After her well-earned sabbatical, we look forward to exploring possibilities to continue our relationship in other capacities in the future.”

Of Mr Marra’s appointed, Mr O’Donnell said: “We are pleased to appoint David to his new role. David has been integral to the growth, strategic positioning and profitability of our casualty and specialty reinsurance franchise.

“We now offer a full suite of casualty and specialty products worldwide, matching capital and risk across multiple operating entities.

“Our strong underwriting team has bolstered our reputation as a lead market in an increasing number of lines of business, and we expect to continue to expand our ability to serve casualty and specialty clients and brokers from our multiple underwriting platforms.”

Mr Marra will lead the company’s US operations and will continue to report to Ross Curtis, RenRe’s group chief underwriting officer.