Kevin O’Donnell, president and CEO of RenaissanceRe, will head up the industry climate action body

Kevin O’Donnell, president and CEO of RenaissanceRe, has accepted the role of chair of ClimateWise.

ClimateWise, acting in partnership with the University of Cambridge Institute for Sustainability Leadership, brings together reinsurers, insurers, brokers and industry service providers to promote a systematic response to climate change across the financial system.

O’Donnell commented: “Climate change is one of the most complex challenges faced by the world and our business. As a reinsurer, we believe that we play an important role in managing climate risk while helping facilitate the transition to a lower carbon economy.

“I am honored to chair ClimateWise and look forward to working with leaders across our industry and the University of Cambridge to strengthen our collective response to this important issue.”