RenaissanceRe Holdings Ltd. Announces that Jeffrey D. Kelly will succeed Fred R. Donner as Chief Financial Officer

PEMBROKE, Bermuda--(Business Wire)--
RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced the appointment of
Jeffrey D. Kelly as Executive Vice President and Chief Financial Officer,
effective July 6, 2009.Mr. Kelly will succeed Fred R. Donner, who is leaving the
Company for personal reasons to return to the United States. Mr. Kelly, 55,
formerly served as Chief Financial Officer of National City Corporation from
2000 until his retirement from the company in 2008. Mr. Kelly had also served in
the additional post of Vice Chairman from 2004. Mr. Kelly is a member of the
board of directors of The Progressive Corporation, where he serves as Chairman
of the Investment and Capital committee.

Neill A. Currie, President and Chief Executive Officer of RenaissanceRe, said,
"Fred has been a valued member of our team for the past three years, leading the
further development of our accounting, control and financial reporting
functions, expanding the talent and expertise of our finance function, and
providing important input into our strategic growth plans. We thank Fred for his
contributions to RenaissanceRe and wish him well.

"Jeff brings RenaissanceRe a wealth of experience from a nearly 30-year career
at one of the United States` largest diversified financial institutions, serving
in its most senior finance role until his retirement last year. His experience
at National City includes responsibility for several of its core banking
businesses, large staff groups and for many years, managing its interest rate
and market risk management activities. We will benefit from Jeff`s broad
experience and leadership skills as we further develop the RenaissanceRe
platform by capitalizing upon our leading underwriting, risk management and
modeling expertise over the coming years," concluded Mr. Currie.

Mr. Kelly, who will be based in Bermuda, will also join the Company's Executive
Committee. Mr. Donner will serve as an advisor to the Company through September
30, 2009 to help with the transition of responsibilities.

RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance.
Our business consists of two segments: (1) Reinsurance, which includes
catastrophe reinsurance, specialty reinsurance and certain joint ventures and
other investments managed by our subsidiary RenaissanceRe Ventures Ltd., and (2)
Individual Risk business, which includes primary insurance and quota share
reinsurance.

Investor:
RenaissanceRe Holdings Ltd.
Fred Donner
441-239-4758
or
Kekst and Company
David Lilly or Dawn Dover
212-521-4800

Copyright Business Wire 2009