Investment Committee

The Investment Committee has overall responsibility for the operation and administration of the invested assets of the  Association.  The members of the Investment Committee are fiduciaries of the invested assets with respect to all responsibilities allocated to them.

COMMITTEE CHARGE

  1. Adopting periodically reviewing, and revising an Investment Policy Statement, subject to the Board’s agreement.
  2. Monitoring the performance of investment funds in accordance with the Investment Policy Statement. Reviewing, retaining or replacing investments held by IRUA.
  3. Reviewing the backgrounds of Investment Committee members and staff to ensure that no conflict of interest exists.

 

COMMITTEE MEMBERS

The Committee shall consist of the current IRUA Treasurer, acting as Chairperson, and no fewer than two other members of the Board nominated by the Chair.  The committee may form subcommittees as it deems appropriate.  Subcommittees may be formed to address special projects for a limited period or may become standing subcommittees for a particular purpose.

AUTHORITY AND RESPONSIBILITIES

  1. Investment duties
  2. Understanding the IRUA’s investment goals and how these objectives support the Investment Committee

 

COMMITTEE MEMBERS

The Committee shall consist of the current IRUA Treasurer, acting as Chairperson, and no fewer than two other members of the Board nominated by the Chair.  The Committee may form subcommittees as it deems appropriate. Subcommittees may be formed to address special projects for a limited period or may become standing subcommittees for a particular purpose.

CHAIR
Andrew Downing
JLT Re
andrew.downing@jltre.com

MEMBERS
Paul McKeon
Transatlantic Reinsurance Company
pmckeon@transre.com

Kevin Rentko
Renaissance Reinsurance U.S. Inc.
krentko@renre.com

Arlene Kern
Munich Reinsurance America
akern@munichreamerica.com