RENAISSANCERE HOLDINGS LTD — Director's Dealing 2012

Nov 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RENAISSANCERE HOLDINGS LTD (RNR)
CIK: 0000913144
Period of Report: 2012-11-07

Reporting Person: BRANAGAN IAN D (SVP, Chief Risk Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-07	Common Stock	M	23762	$51.13	Acquired	90363	Direct
2012-11-07	Common Stock	M	5122	$42.66	Acquired	95485	Direct
2012-11-07	Common Stock	F	3133	$77.87	Disposed	92352	Direct
2012-11-07	Common Stock	F	2807	$77.87	Disposed	89545	Direct
2012-11-07	Common Stock	F	15603	$77.87	Disposed	73942	Direct
2012-11-07	Common Stock	M	4968	$49.10	Acquired	78910	Direct
2012-11-09	Common Stock	S	12309	$77.95	Disposed	66601	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-07	Non-Qualified Stock Option (Right to Buy)	$42.66	M	5122	Disposed	2016-03-21	RNR Common Stock (5122)	Direct
2012-11-07	Non-Qualified Stock Option (Right to Buy)	$49.10	M	4968	Disposed	2015-03-21	RNR Common Stock (4968)	Direct
2012-11-07	Non-Qualified Stock Options (Right to Buy)	$51.13	M	23762	Disposed	2017-03-01	RNR Common Stock (23762)	Direct

Footnotes

F1: The transactions reported hereby relate to the exercise of employee stock options originally granted to the Reporting Person on March 1, 2007 with a ten year term.

F2: The transactions reported hereby relate to the exercise of employee stock options originally granted to the Reporting Person on March 21, 2006 with a ten year term.

F3: The transactions reported hereby relate to the exercise of employee stock options originally granted to the Reporting Person on March 21, 2005 with a ten year term

F4: Represents a weighted average sale price; the sales prices ranged from $77.69 to $78.34. 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.