RENAISSANCERE HOLDINGS LTD — Director's Dealing 2011

May 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RENAISSANCERE HOLDINGS LTD (RNR)
CIK: 0000913144
Period of Report: 2011-05-03

Reporting Person: Curtis Ross (CUO - European Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-03	Common Stock	S	10000	$69.83	Disposed	84135	Direct
2011-05-03	Common Stock	M	5000	$39.07	Acquired	89135	Direct
2011-05-03	Common Stock	F	2788	$70.07	Disposed	86347	Direct
2011-05-04	Common Stock	S	2212	$69.81	Disposed	84135	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-03	Non-Qualified Stock Option (right to buy)	$39.07	M	5000	Disposed	2012-11-19	Common Stock (5000)	Direct

Footnotes

F1: Represents a weighted average sale price; the sales prices ranged from $69.59 to $70.23. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission, the issuer or a security holder of the issuer.

F2: The transactions reported hereby relate to the exercise of employee stock options originally granted to the Reporting Person on November 19, 2002 with a ten year term.

F3: Represents a weighted average sale price; the sales prices ranged from $69.70 to $69.92. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission, the issuer or a security holder of the issuer.