PEMBROKE, Bermuda--(BUSINESS WIRE)--March 23, 2006--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Ross Curtis has been promoted to Senior Vice President of the Company's Catastrophe Reinsurance unit.

Mr. Curtis, 33, is responsible for underwriting international property catastrophe reinsurance business for the Company's largest business segment. He joined Renaissance in 1999 as a Catastrophe Reinsurance Analyst, later becoming an International Property Catastrophe Underwriter at Renaissance. Mr. Curtis continues to be an active participant in the ongoing development of the Company's proprietary Renaissance Exposure Management System (REMS(C)) and additional portfolio analysis methodologies.

"Our underwriting team has long been recognized for its rigorous standards and analytical expertise, and Ross has made a significant contribution to that group over his nearly seven years at Renaissance," said Neill A. Currie, Chief Executive Officer of RenaissanceRe Holdings Ltd. "Renaissance continues to benefit from Ross' ongoing work in refining and further developing our underwriting methodologies and his particular focus on international property catastrophe reinsurance. We are very pleased to recognize his accomplishments with this promotion."

Mr. Curtis earned an M.A. in Philosophy from University of Edinburgh, Scotland.

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.

Cautionary Statement under "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: Statements made in this news release contain information about the Company's future business prospects. These statements may be considered "forward-looking." These statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward-looking statements. For further information regarding cautionary statements and factors affecting future results, please refer to RenaissanceRe Holdings Ltd.'s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2005 and its Quarterly Reports on Form 10-Q for the periods ending March 31, 2005, June 30, 2005, and September 30, 2005.

CONTACT: Investor:
RenaissanceRe Holdings Ltd.
Todd R. Fonner, 441-239-4801
or
Media:
Kekst and Company
David Lilly or Dawn Dover, 212-521-4800

SOURCE: RenaissanceRe Holdings Ltd.