PEMBROKE, Bermuda — RenaissanceRe Holdings Ltd. (NYSE: RNR) and its U.S. affiliate WeatherPredict Consulting Inc. today acknowledged recent recognition of its hurricane mitigation and awareness efforts at the 23rd Annual Governor’s Hurricane Conference in Fort Lauderdale. RenaissanceRe was among the corporate sponsors receiving an award for innovation and achievement in public awareness and mitigation advocacy for ‘StormStruck: A Tale of Two Homes®,’ the pioneering hurricane safety attraction at EPCOT® at the Walt Disney World® Resort.
Neill Currie, Chief Executive Officer, said: “RenaissanceRe is proud of its contributions both to the science of hurricane mitigation and safety and to public awareness of hurricane risk mitigation techniques – in particular through our involvement in such exciting projects as ‘StormStruck.’ We were fortunate to be able to partner with committed mitigation advocates at the Federal Alliance for Safe Homes (FLASH), State Farm and Simpson Strong-Tie on ‘StormStruck,’ which interactively educates the public on the perils of weather and what each person can do to mitigate its effects.”
RenaissanceRe’s commitment to hurricane mitigation extends broadly into the science and technology of reducing risk. The Company’s joint research efforts with Florida International University at the RenaissanceRe ‘Wall of Wind’ continue to show promise for improving housing construction practices and building materials. In addition, RenaissanceRe’s series of Hurricane Risk Mitigation Leadership Forums provide opportunities for education and collaboration around important public policy issues, successfully bringing together academics, scientists, and other public and private sector representatives to advance hurricane risk mitigation efforts and awareness.
“Our organization firmly believes that fostering safer, more weather-resistant communities will not only contribute to safeguarding personal and commercial property and reducing insurance premium costs over time, but will also ultimately save lives,” Mr. Currie concluded.