Form: 4

Statement of changes in beneficial ownership of securities

November 9, 2012

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BRANAGAN IAN D

(Last) (First) (Middle)
RENAISSANCE HOUSE
12 CROW LANE

(Street)
PEMBROKE D0 HM 19

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RENAISSANCERE HOLDINGS LTD [ RNR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Chief Risk Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/07/2012 M(1) 23,762 A $51.13 90,363 D
Common Stock 11/07/2012 M(2) 5,122 A $42.66 95,485 D
Common Stock 11/07/2012 F(3) 3,133 D $77.87 92,352 D
Common Stock 11/07/2012 F(2) 2,807 D $77.87 89,545 D
Common Stock 11/07/2012 F(1) 15,603 D $77.87 73,942 D
Common Stock 11/07/2012 M(3) 4,968 A $49.1 78,910 D
Common Stock 11/09/2012 S 12,309 D $77.95(4) 66,601 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy) $42.66 11/07/2012 M(2) 5,122 03/21/2007 03/21/2016 RNR Common Stock 5,122 $0.00 0 D
Non-Qualified Stock Option (Right to Buy) $49.1 11/07/2012 M(3) 4,968 03/21/2006 03/21/2015 RNR Common Stock 4,968 $0.00 0 D
Non-Qualified Stock Options (Right to Buy) $51.13 11/07/2012 M(1) 23,762 03/01/2008 03/01/2017 RNR Common Stock 23,762 $0.00 0 D
Explanation of Responses:
1. The transactions reported hereby relate to the exercise of employee stock options originally granted to the Reporting Person on March 1, 2007 with a ten year term.
2. The transactions reported hereby relate to the exercise of employee stock options originally granted to the Reporting Person on March 21, 2006 with a ten year term.
3. The transactions reported hereby relate to the exercise of employee stock options originally granted to the Reporting Person on March 21, 2005 with a ten year term
4. Represents a weighted average sale price; the sales prices ranged from $77.69 to $78.34. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission, the issuer or a security holder of the issuer.
Remarks:
All the transactions on this form are pursuant to an irrevocable letter of instruction instruction intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, signed by the reporting person in August 2012.
/S/ Stephen H. Weinstein, Attorney-in-Fact 11/09/2012
** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.