John Nichols, Jr.

Former RenaissanceRe Chairman and CEO James Stanard has filed a motion to exclude the testimony of another ex-RenRe officer, Michael Cash, from his upcoming trial at federal court in New York, where he is defending a civil complaint alleging securities fraud that was brought by the U. S. Securities and Exchange Commission.

AXIS Capital President and CEO John Charman has increased his lead as the Bermuda insurance executive with the most valuable portfolio of shares in his or her publicly-listed employer. Charman, 55, beneficially owned shares in AXIS Capital that had a market value of $221 million as of July 31, 2008, according to a share-ownership review of insurance executives by InsideBermuda.

RenaissanceRe Chairman and CEO James Stanard has topped InsideBermuda's annual insurance executive compensation review for the sixth consecutive year with a package valued at $17 million for 2002.His package was 50 per cent higher than the runner-up, his colleague William Riker, with RenaissanceRe officers filling the highest four positions and five of the top six.

RenaissanceRe announced on February 25 that it had filed with the SEC a shelf registration statement for the proposed offering of up to $500 million of securities. "Under this shelf registration statement, the Company will have the flexibility to sell debt securities, common and preferred shares, warrants and share purchase contracts and units, as well as trust preferred securities or a combination of the above," stated the firm.