RenaissanceRe Holdings Ltd. to Launch `StormStruck: The Tale of Two Homes' at INNOVENTIONS at Epcot

HAMILTON, Bermuda--(BUSINESS WIRE)--

Bermuda-based RenaissanceRe Holdings Ltd. (NYSE: RNR) and its U.S. affiliate WeatherPredict Consulting Inc. today announced their partnership with the non-profit Federal Alliance for Safe Homes, Inc. (FLASH), State Farm and Simpson Strong-Tie in plans to launch an attraction entitled "StormStruck: The Tale of Two Homes", at INNOVENTIONS at Epcot at the Walt Disney World Resort.

Scheduled to open in late summer 2008, "StormStruck" will combine experiencing what it feels like to be in severe weather with learning about the associated risks and ways to protect the home in an interactive and entertaining setting. The appeal of the attraction to INNOVENTIONS visitors from around the globe will be the special effects simulating a hurricane, and the educational component that will raise awareness about the latest risk mitigation research and recommendations.

Neill Currie, Chief Executive Officer of RenaissanceRe, said: "Understanding severe atmospheric hazards and vulnerability has been central to our business since our founding. It has been a natural extension of our philosophy, over time, to increase our focus on developing loss mitigation technologies, not only to reduce the severity of the financial impact of storms on our clients, but ultimately to enable people to make themselves, their families and their businesses safer. We are delighted to join forces with our partners in the StormStruck experience to share important information on how to protect communities from severe weather storms."

Craig Tillman, President of WeatherPredict Consulting Inc., said: "A critical component of minimizing both loss of life and property damage in a hurricane is to better understand the impact of these storms on our buildings. RenaissanceRe demonstrated a desire to lead by example with the launch last year of the RenaissanceRe Wall of Wind hurricane safety testing facility in Florida. "StormStruck" represents a wonderful opportunity to further the risk mitigation effort in an exciting, entertaining way."

RenaissanceRe has been investigating the damage patterns and economic impact of catastrophic storms for many years. Its U.S. affiliate, WeatherPredict Consulting Inc., is leading the company's hurricane risk mitigation efforts, which have become an increasingly important component of RenaissanceRe's business strategy. In 2007, the ground-breaking "RenaissanceRe Wall of Wind" testing facility was launched, in partnership with the International Hurricane Research Center at Florida International University. This full-scale testing technology is capable of generating hurricane-force winds and rain to test buildings and provide valuable scientific data.

WeatherPredict Consulting Inc. has also carried out extensive testing on an innovative loss mitigation device, developed by one of its researchers and based on the concept of wind vortex suppression. This device makes the vulnerable elements of buildings (principally the roof) more aerodynamic, reducing uplift forces and increasing their survivability. RenaissanceRe is working with the Wharton School at the University of Pennsylvania on economic analyses of various risk mitigation techniques, and, later this month, in conjunction with FLASH and the Institute for Business and Home Safety, WeatherPredict Consulting will be hosting the first ever Hurricane Risk Mitigation Leadership Forum in Orlando, bringing together leading academics, scientists, practitioners and policy-makers to advance the risk mitigation cause.

About RenaissanceRe

RenaissanceRe Holdings Ltd. is a leading global provider of catastrophe reinsurance and insurance. Established in 1993, the firm's 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, which includes primary insurance and quota share reinsurance. RenaissanceRe is recognized for excellence in the industry through disciplined underwriting, capital management expertise, sophisticated risk modeling and responsive client service. RenaissanceRe is traded on the New York Stock Exchange under the ticker symbol 'RNR'. For more information, visit www.renre.com.

About WeatherPredict Consulting Inc.

WeatherPredict Consulting Inc. is a U.S. affiliate of RenaissanceRe. The firm focuses on modeling atmospheric hazards and vulnerability. WeatherPredict's team of advanced scientists draws upon expertise in oceanography, meteorology, wind engineering, aerodynamics and computer simulation. WeatherPredict's business includes providing intelligence on atmospheric perils to a range of entities with an interest in anticipating the occurrence and outcome of weather events. For more information, visit www.weatherpredict.com.

About INNOVENTIONS at Epcot

INNOVENTIONS is located in the heart of Epcot at the Walt Disney World Resort in Lake Buena Vista, Florida. Creativity and imagination abound as guests celebrate, inspiration and the innovations that improve their lives and expand their horizons. Hands-on, interactive exhibits allow children and adults to be immersed into ideas that inform, entertain and inspire - conquer the most dangerous house in America, find solutions to "sticky" problems, experience the most cutting edge products at the "House of the Future", protect the environment from the daily waste we create and push the limits of everyday products as you make the world a safer place. For more information about INNOVENTIONS, contact: Stacia Wake, 407-560-1816 or Stacia.L.Wake@disney.com

Source: RenaissanceRe Holdings Ltd.

Released February 6, 2008