Ex-RenRe officers apply to have securities fraud lawsuit dismissed, Stanard claims SEC does not understand reinsurance

Two former senior officers of RenaissanceRe Holdings have filed motions to dismiss an SEC complaint that accuses them of committing securities fraud.
The motions were filed by James N. Stanard, RenRe’s former Chairman and CEO, and Michael W. Cash, RenRe’s former Senior Vice President of Specialty Reinsurance, at the U. S. District Court for the Southern District of New York on January 2, 2007.