CONSENT OF ERNST & YOUNG
Published on June 23, 1997
EXHIBIT 23.1
CONSENT OF INDEPENDENT AUDITORS
The Board of Directors
of RenaissanceRe Holdings Ltd. :
We consent to the reference to our firm under the caption "Experts" and to
the use of our report dated January 15, 1997, in the Registration Statement
(Form S-3 No. 333-27775) and related Prospectus of RenaissanceRe Holdings Ltd.
for the registration of 3,450,000 shares of its common stock. We also consent
to the incorporation by reference therein of our report dated January 15, 1997
with respect to the financial statement schedules of RenaissanceRe Holdings
Ltd. for the years ended December 31, 1996, 1995 and 1994 included in the
Annual Report (Form 10-K) for 1996 filed with the Securities and Exchange
Commission.
Ernst & Young
Hamilton, Bermuda
June 19, 1997