Form: S-3

Registration statement for specified transactions by certain issuers

June 6, 2000

CONSENT OF ERNST & YOUNG

Published on June 6, 2000




Consent of Independent Auditors

The Board of Directors
of RenaissanceRe Holdings Ltd.:

We consent to the reference to our firm under the caption "Experts" in the
Registration Statement on Form S-3 and related Prospectus of RenaissanceRe
Holdings Ltd. for the registration of 1,000,000 shares of its common stock and
to the incorporation by reference therein of our reports dated January 28, 2000
with respect to the consolidated financial statements of RenaissanceRe Holdings
Ltd. incorporated by reference in its Annual Report (Form 10-K) for the year
ended December 31, 1999 and the related financial statement schedules included
therein, filed with the Securities and Exchange Commission.

/s/ Ernst & Young

Hamilton, Bermuda
June 2, 2000