Bermuda-based RenaissanceRe said its CFO Robert Qutub (pictured above, left) and chief portfolio officer Ross Curtis (pictured above, right) will retire on December 31, 2026, in one of the most significant executive shake-ups at the reinsurance group in recent years.
Matthew Neuber, currently senior financial officer and corporate treasurer, will take over as CFO from January 1, 2027, while continuing as treasurer and joining the company's governance committee.
The promotion is the outcome of a long-running internal succession process, the company said. Group chief underwriting officer David Marra will absorb oversight of Curtis' portfolio responsibilities in 2027.
The retirements come on the heels of a wider leadership reshuffle at RenaissanceRe, with Henry Klehm III recently appointed non-executive chair and Stephen C. Hooley added as an independent director. The board also lifted the reinsurance group's share buyback authorization to $750 million.
"Since Bob joined us in 2016, he has provided rigorous financial oversight as RenaissanceRe has grown rapidly, including through two major acquisitions and geographic expansion," president and CEO Kevin O'Donnell said.
Qutub's financial stewardship has supported a recent rebound in earnings at the reinsurance carrier. In the first quarter of 2026, RenaissanceRe posted net income available to common shareholders of $284.5 million and operating income of $590.5 million, reversing a $25.3 million loss a year earlier when California wildfires weighed on the result.
"Over his tenure, Bob has evolved our investment portfolio and operations to reflect RenaissanceRe's increased scale, and his financial acumen and leadership have helped drive greater earnings diversification and financial resilience that have been integral to our success," O'Donnell said.
On the incoming CFO, O'Donnell pointed to Neuber's track record in corporate finance and capital management, including the scaling of the company's treasury function.
"His appointment reflects not only his individual strengths, but also the depth of internal talent we have developed across RenaissanceRe," O'Donnell said.
Qutub said he was pleased to pass the role to a longtime colleague.
"Having worked closely with Matt over the past decade, I am delighted to see him assume this role. I have great confidence in his leadership, strategic insight and financial expertise," he said.
Curtis, who is leaving after 27 years, was credited by O'Donnell with founding Syndicate 1458, driving underwriting growth as group chief underwriting officer, and most recently overseeing portfolio construction and capital efficiency.
Marra, his successor on portfolio matters, has expanded the underwriting book both organically and through the Validus acquisition, O'Donnell said.
"I am confident that he will build on his long track record of underwriting leadership in this expanded role, matching desirable risk with capital and advancing our value proposition to customers at scale," O'Donnell said.
Curtis, for his part, said it had been a privilege to be part of a business defined by underwriting discipline and client relationships that he expected to remain hallmarks of RenaissanceRe.
"I am proud of the company we have built and the deep client relationships we have fostered," he said.
To support the handovers, Qutub will stay on as a strategic adviser for 12 months after his retirement, while Curtis will serve in an advisory capacity for six months.
