CONSENT OF ERNST & YOUNG
Published on July 25, 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" in the
Amendment No. 1 to Registration Statement on Form S-4 and related Prospectus of
RenaissanceRe Holdings Ltd. (the "Company") and RenaissanceRe Capital Trust (the
"Trust") for the registration of $100,000,000 aggregate liquidation amount of
8.54% Series B Capital Securities of the Trust and to the incorporation by
reference therein of our report dated January 15, 1997 with respect to the
consolidated financial statements of the Company included and/or incorporated by
reference in its Annual Report on Form 10-K for the year ended December 31,
1996, filed with the Securities and Exchange Commission.
Ernst & Young
Hamilton, Bermuda
July 25, 1997