550 South Tryon Street, 33^rd Floor

Reference is made to that certain Amended and Restated Standby Letter of Credit Agreement, dated as of June 21, 2019 (the “LC Agreement”), by and among Renaissance Reinsurance Ltd., a Bermuda company, DaVinci Reinsurance Ltd. a Bermuda company, Renaissance Reinsurance U.S. Inc., a Maryland corporation, and RenaissanceRe Europe AG, a Swiss corporation (Aktiengesellschaft), as applicants (collectively, the “Applicants” and each, an “Applicant”), RenaissanceRe Holdings Ltd., a Bermuda company, as guarantor, and Wells Fargo Bank, National Association (“Bank”). Capitalized terms used herein and not otherwise defined shall have the respective meanings ascribed to such terms in the LC Agreement.

Each Credit Party hereby represents and warrants with respect to itself to Bank as follows: (i) all representations and warranties of the Credit Parties contained in the LC Agreement and the other Credit Documents (including the representations and warranties set forth in Section 5 of the LC Agreement) are true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified as to “materiality” or “Material Adverse Effect” in the text thereto, which representations and warranties are true and correct in all respects subject to such qualification) as of the date hereof, both immediately before and after giving effect to this first amendment (“First Amendment”) (except to the extent any such representation or warranty is expressly stated to have been made as of a specific date, in which case such representation or warranty shall be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified as to “materiality” or “Material Adverse Effect” in the text thereto, which representations and warranties are true and correct in all respects subject to such qualification) as of such date), and (ii) no Event of Default has occurred and is continuing immediately after giving effect to this First Amendment.

This First Amendment may be executed in one or more counterparts, each of which shall be deemed an original and all of which shall, taken together, be considered one and the same agreement. The execution of this First Amendment may be evidenced by way of facsimile, email or other means of electronic transmission, of such party’s signature, or a photocopy of such facsimile transmission, and such facsimile or other electronic signature shall be deemed to constitute the original signature of such party thereto. This First Amendment and all claims arising out of or relating to it shall be governed by and construed in accordance with the substantive laws of the State of New York (including without limitation Section 5-1401 of the General Obligations Law of the State of New York). Any disputes, claims or controversies relating to this First Amendment or the matters contained herein shall be resolved in accordance with Sections 11 and 12, as applicable, of the LC Agreement, which sections are hereby incorporated into this First Amendment as if fully set forth herein, mutatis mutandis.