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RenaissanceRe In Finite Hot Seat

RenaissanceRe Holdings Ltd. Chief Executive Officer James Stanard has become the latest top industry executive to become ensnarled in the ever-widening probe into possible ...

By Steve Tuckey | Updated on July 31, 2005

RenaissanceRe Holdings Ltd. Chief Executive Officer James Stanard has become the latest top industry executive to become ensnarled in the ever-widening probe into possible finite reinsurance abuses.

However, as the CEO and company face potential legal challenges, the 30 percent increase in net income it reported last week for the second quarter compared to the same period last year was some positive news for shareholders.

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