SUBSIDIARIES OF RENAISSANCERE HOLDINGS

Published on April 1, 2002


Exhibit 21.1

SUBSIDIARIES OF RENAISSANCERE HOLDINGS LTD.

Ownership
Interest Held by
its Immediate
Name Jurisdiction Parent
- --------------------------------------------------------------------------------
Renaissance Reinsurance Ltd. Bermuda 100%
Glencoe Insurance Ltd. Bermuda 100%
Renaissance Underwriting Managers Ltd. Bermuda 100%
Stonington Insurance Company* Texas 100%
Renaissance Reinsurance of Europe Ireland 99%
Renaissance U.S. Holdings, Inc. Delaware 100%
RenaissanceRe Capital Trust** Delaware Business Trust 100%

* Owned by Renaissance U.S. Holdings Inc.

** Common Securities owned represent 3% of the outstanding beneficial
interests in the Trust, and 100% of the ordinary voting power.

The names of a number of our subsidiaries and equity entities have been omitted
because considered in the aggregate they would not constitute a single
significant subsidiary.