Exhibit 21.1

SUBSIDIARIES OF RENAISSANCERE HOLDINGS LTD.


Name Jurisdiction Ownership Interest Held
by its Immediate Parent
Renaissance Reinsurance Ltd.   Bermuda   100%
Glencoe Group Holdings Ltd.   Bermuda   100%
Glencoe Insurance Ltd.   Bermuda   100%
Glencoe U.S. Holdings Inc.   Delaware   100%
Renaissance Investment Holdings Ltd.   Bermuda   100%
Renaissance Investment Management Company Limited   Bermuda   100%
DaVinciRe Holdings Ltd.   Bermuda              (1)
DaVinci Reinsurance Ltd.   Bermuda   100%
Renaissance Underwriting Managers Ltd.   Bermuda   100%
Stonington Insurance Company   Texas   100%(2)
(1) As of February 17, 2006, we own 18.04% of DaVinciRe's outstanding equity but control a majority of its outstanding voting power, and accordingly, DaVinciRe's financial results are consolidated in our financial statements.
(2) Owned directly or indirectly by Glencoe U.S. Holdings Inc.

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.