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News Details

Travis Lewis Joins Glencoe Group Holdings Ltd. as Chief Operating Officer

August 22, 2006

PEMBROKE, Bermuda--(BUSINESS WIRE)--Aug. 22, 2006--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Travis Lewis has been appointed Chief Operating Officer of Glencoe Group Holdings Ltd., the holding company for RenaissanceRe's individual risk business, which includes primary insurance and quota share reinsurance lines. Mr. Lewis will report to William Ashley, Chief Executive Officer of the Glencoe Group, and will have responsibility for directing the people, processes, and systems that support the individual risk business.

William Ashley commented: "We are very pleased to welcome someone of Travis's talent to the Glencoe team. As we continue to grow the individual risk segment of RenaissanceRe's business, his experience in strategy and organizational development, combined with his background in operations and technology, will bring helpful skills and perspective to our business."

Neill Currie, Chief Executive Officer of RenaissanceRe Holdings Ltd., said: "Travis's knowledge and experience will be invaluable as we focus on further expanding our competitive advantages at Glencoe. I am confident in his ability to help guide our company to new levels of growth and success."

Mr. Lewis joins the Glencoe Group from Technology Vendor Management in Atlanta, GA, where he was Founder & Chief Executive Officer and worked across many industries, implementing technology and improving processes. Mr. Lewis also held positions with McKinsey & Company and Bain & Company. Mr. Lewis holds a Bachelor of Science degree from the University of Virginia and an M.B.A. from Harvard Business School.

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 and June 30, 2006.

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

SOURCE: RenaissanceRe Holdings Ltd.