CONSENT OF ERNST AND YOUNG
Published on July 3, 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
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 3, 1997