<SEC-DOCUMENT>0001299933-15-001862.txt : 20151231
<SEC-HEADER>0001299933-15-001862.hdr.sgml : 20151231
<ACCEPTANCE-DATETIME>20151231160834
ACCESSION NUMBER:		0001299933-15-001862
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20151230
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20151231
DATE AS OF CHANGE:		20151231

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RENAISSANCERE HOLDINGS LTD
		CENTRAL INDEX KEY:			0000913144
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				980138020
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14428
		FILM NUMBER:		151315985

	BUSINESS ADDRESS:	
		STREET 1:		RENAISSANCE HOUSE
		STREET 2:		12 CROW LANE
		CITY:			PEMBROKE
		STATE:			D0
		ZIP:			HM19
		BUSINESS PHONE:		4412954513

	MAIL ADDRESS:	
		STREET 1:		RENAISSANCE HOUSE
		STREET 2:		12 CROW LANE
		CITY:			PEMBROKE
		STATE:			D0
		ZIP:			HM19
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_52920.htm
<DESCRIPTION>LIVE FILING
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<TITLE> RenaissanceRe Holdings Ltd. (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	December 30, 2015
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	RenaissanceRe Holdings Ltd.
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	&nbsp;
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	Bermuda
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	001-14428
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	98-0141974
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	Renaissance House, 12 Crow Lane, Pembroke, Bermuda
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	&nbsp;
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	HM 19
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_________________________________<BR>
	(Address of principal executive offices)
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	&nbsp;
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___________<BR>
	(Zip Code)
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	Registrant&#146;s telephone number, including area code:
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	&nbsp;
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	(441) 295-4513
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	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
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	&nbsp;
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<!-- CoverPageRegistrant END --><P><FONT SIZE="2">
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
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[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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<P align="left" style="font-size: 10pt"><FONT style="font-size: 10pt"><B>Item&nbsp;1.01. Entry into a Material Definitive Agreement.</B>
</FONT>

<P align="left" style="font-size: 10pt">Effective December&nbsp;30, 2015, Citibank Europe plc (&#147;CEP&#148;), Renaissance Reinsurance Ltd. (&#147;RRL&#148;),
DaVinci Reinsurance Ltd. (&#147;DaVinci&#148;), RenaissanceRe Specialty Risks Ltd. (&#147;RSR&#148;), ReinassanceRe
Specialty U.S. Ltd. (&#147;RRS&#148;), Renaissance Reinsurance of Europe (&#147;ROE&#148;), Platinum Underwriters
Bermuda, Ltd. (&#147;PUB&#148;) and Renaissance Reinsurance U.S. Inc. (formerly Platinum Underwriters
Reinsurance, Inc.) (&#147;RRUS&#148;) (each of RRL, DaVinci, RSR, RRS, ROE, PUB and RRUS a &#147;Company&#148; and,
collectively, the &#147;Companies&#148;) entered into an amendment (the &#147;Amendment&#148;) to the existing secured
letter of credit facility (the &#147;Facility&#148;) provided pursuant to the facility letter, by and among
CEP and the Companies, dated September&nbsp;17, 2010 (the &#147;Original Facility Letter&#148;) and amended July
14, 2011, October&nbsp;1, 2013, December&nbsp;23, 2014 and March&nbsp;31, 2015, to extend the termination date of
the Facility from December&nbsp;31, 2015 to December&nbsp;31, 2017 (as so amended, the &#147;Facility Letter&#148;).


<P align="left" style="font-size: 10pt">The Facility provides a commitment from CEP to issue letters of credit for the account of one or
more of the Companies and their respective subsidiaries in multiple currencies and in an aggregate
amount of up to $300&nbsp;million, subject to a sublimit of $60&nbsp;million for letters of credit issued for
the account of RRS and a combined sublimit of $25&nbsp;million for letters of credit issued for the
accounts of PUB and RRUS.&nbsp;&nbsp;The Facility is evidenced by the Facility Letter and seven separate
Master Agreements between CEP and each of the Companies, as well as certain ancillary agreements,
the terms of which are substantially similar for each Company.


<P align="left" style="font-size: 10pt">Under the Facility, each of the Companies is severally obligated to pledge to CEP at all times
during the term of the Facility certain securities with a collateral value (as determined as
therein provided) that equals or exceeds 100% of the aggregate amount of its then-outstanding
letters of credit. In the case of an event of default under the Facility with respect to a Company,
CEP may exercise certain remedies with respect to such Company, including terminating its
commitment to such Company under the Facility and taking certain actions with respect to the
collateral pledged by such Company (including the sale thereof).&nbsp;&nbsp;In the Facility Letter, each
Company makes, as to itself, representations and warranties that are customary for facilities of
this type and severally agrees that it will comply with certain informational and other
undertakings, including those regarding the delivery of quarterly and annual financial statements.


<P align="left" style="font-size: 10pt">The description of the Facility contained herein is qualified in its entirety by reference to the
Original Facility Letter, a copy of which is attached as Exhibit&nbsp;10.1 to the Current Report on Form
8-K, dated September&nbsp;23, 2010, previously filed with Securities and Exchange Commission by
RenaissanceRe Holdings Ltd. and to the Amendment, a copy of which is attached hereto as Exhibit
10.1, both of which agreements are incorporated herein by reference.


<P align="left" style="font-size: 10pt">CEP, RRL and RSR are also parties, respectively, to a Letter of Credit Reimbursement Agreement,
dated as of November&nbsp;23, 2015, as amended, and certain ancillary documents, and to an Insurance
Letters of Credit &#150; Master Agreement, dated as of November&nbsp;24, 2014, and certain ancillary
agreements, which each collectively provide for and secure two separate uncommitted letter of
credit facilities that are used to support business written by RenaissanceRe Holdings Ltd.&#146;s
Lloyd&#146;s syndicate, Syndicate 1458.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement of the Registrant.</B>


<P align="left" style="font-size: 10pt">The disclosure set forth in Item&nbsp;1.01 above is hereby incorporated by reference.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;9.01. Financial Statements and Exhibits.</B>


<P align="left" style="font-size: 10pt">(c)&nbsp;&nbsp;Exhibits.


<P align="left" style="font-size: 10pt">The following exhibit is filed as part of this report:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Amendment to Facility Letter, dated December&nbsp;30, 2015, by and among Citibank Europe plc,
Renaissance Reinsurance Ltd., DaVinci Reinsurance Ltd., RenaissanceRe Specialty Risks Ltd.,
Renaissance Reinsurance of Europe, RenaissanceRe Specialty U.S. Ltd., Platinum Underwriters
Bermuda, Ltd. and Renaissance Reinsurance U.S. Inc.</TD>
</TR>

</TABLE>

&nbsp;


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	SIGNATURES
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	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
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	RenaissanceRe Holdings Ltd.
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	&nbsp;&nbsp;
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<I>
	December 30, 2015
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	By:
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<I>
	Stephen H. Weinstein
</I>
<BR>
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	&nbsp;
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<I>
	Name: Stephen H. Weinstein
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<I>
	Title: Senior Vice President, Group General Counsel and Corporate Secretary
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	Exhibit&nbsp;Index
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	Exhibit No.
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	Description
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	10.1
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	&nbsp;
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Amendment to Facility Letter, dated December 30, 2015, by and among Citibank Europe plc, Renaissance Reinsurance Ltd., DaVinci Reinsurance Ltd., RenaissanceRe Specialty Risks Ltd., Renaissance Reinsurance of Europe, RenaissanceRe Specialty U.S. Ltd., Platinum Underwriters Bermuda, Ltd. and Renaissance Reinsurance U.S. Inc.
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<TYPE>EX-10.1
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<FILENAME>exhibit1.htm
<DESCRIPTION>EX-10.1
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<P align="right" style="font-size: 10pt"><FONT style="font-size: 11pt"><B>EXHIBIT 10.1</B></FONT>



<P align="left" style="font-size: 11pt">FROM: Citibank Europe plc (the &#147;<B>Bank</B>&#148;)


<P>
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    <TD width="1%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>TO: Renaissance Reinsurance Ltd., DaVinci Reinsurance Ltd. and RenaissanceRe Specialty Risks
Ltd. (the &#147;<B>Original Companies</B>&#148;) and RenaissanceRe Specialty U.S. Ltd., Renaissance Reinsurance
of Europe, Platinum Underwriters Bermuda, Ltd. and Renaissance Reinsurance U.S. Inc. (formerly
Platinum Underwriters Reinsurance, Inc.) (the &#147;<B>Additional Companies</B>&#148; and, together with the
Original Companies, the &#147;<B>Companies</B>&#148;)</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 11pt">DATE: 30th December, 2015


<P align="left" style="font-size: 11pt">Ladies and Gentlemen,


<P align="left" style="font-size: 11pt"><B>The Facility Letter dated 17 September&nbsp;2010 between (1)&nbsp;the Bank and (2)&nbsp;the Companies regarding a
committed letter of credit issuance facility in a maximum aggregate amount of USD 300,000,000, as
amended by Letter Amendment dated 14</B><sup><B>th</B></sup><B> July&nbsp;2011, 1</B><sup><B>st</B></sup><B> October, 2013,
23</B><sup><B>rd</B></sup><B> December&nbsp;2014 and 31</B><sup><B>st</B></sup><B> March&nbsp;2015 and as may be further amended, varied,
supplemented, novated or assigned from time to time (the &#147;Facility Letter&#148;).</B>


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    <TD width="1%" nowrap align="right">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>We refer to the Facility Letter. Capitalised terms used in this letter shall have the
meanings given to them in the Facility Letter (including where defined in the Facility Letter
by reference to another document).</TD>
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</TABLE>


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    <TD width="1%" nowrap align="right">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The following amendments shall take effect on and from the date that the Bank receives this
letter duly executed by the Companies (&#147;<B>Effective Date</B>&#148;).</TD>
</TR>

</TABLE>


<P>
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    <TD width="1%" nowrap align="right">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Bank and the Companies agree, for good and valuable consideration, the receipt and legal
sufficiency of which are hereby acknowledged, that as effective from the date of this letter:</TD>
</TR>

</TABLE>


<P>
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<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Clause 1.1 of the Facility Letter shall be amended and restated in its entirety
as follows:</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Further to recent conversations, Citibank Europe plc (the &#147;<B>Bank</B>&#148;) is pleased to
provide a committed letter of credit issuance facility (the &#147;<B>Facility</B>&#148;) up until
31 December&nbsp;2017 (the &#147;<B>Termination Date</B>&#148;) to the Companies subject to the terms
and conditions set out in this Letter. Unless otherwise defined herein,
capitalised terms used in this Letter are as defined in Clause 14.&#148;</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Clause 2.1 of the Facility Letter shall be amended and restated in its entirety as
follows:</TD>
</TR>

</TABLE>



<P align="left" style="margin-left:7%; font-size: 11pt">&#147;The Facility shall be in a maximum aggregate amount of USD 300,000,000 (or the
equivalent in the applicable currency) (the <B>&#147;Facility Limit&#148;</B>). The maximum aggregate
amount of letters of credit that may be issued on behalf of any one Company shall be
equal to the Facility Limit; provided however, that in no event shall (i)&nbsp;the
aggregate amount of letters of credit issued on behalf of RenaissanceRe Specialty
U.S. Ltd. exceed USD 60,000,000 (or the equivalent in the applicable currency); (ii)
the aggregate amount of letters of credit issued on behalf of Platinum Underwriters
Bermuda, Ltd. and Renaissance Reinsurance U.S. Inc. (formerly Platinum Underwriters
Reinsurance, Inc.) collectively exceed USD 25,000,000 (or the equivalent in the
applicable currency) and (iii)&nbsp;the maximum aggregate amount of letters of credit that
may be issued on behalf of all Companies collectively exceed the Facility Limit.&#148;


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">4.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Except as expressly amended by this letter, the Facility Letter remains unmodified and in
full force and effect. In the event of a conflict or inconsistency between the terms of this
letter and the terms of the Facility letter, the terms of this letter shall prevail.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">5.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The provisions contained in clause 6, Interest, and clause 7, Fees, in the Facility Letter
shall apply in relation to the amendments agreed pursuant to the terms of this letter. Each
party to this letter shall bear its own costs and expenses in relation to the amendments
agreed pursuant to the terms of this letter.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">6.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On the date of this letter and on the Effective Date, each Original Company, as to itself,
hereby confirms to the Bank that the representations and warranties set forth in clause 8 of
the Facility Letter are true.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">7.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>With effect from the Effective Date of this letter, the terms and conditions of the Facility
Letter shall be read and construed by reference to this letter and all references to the
Facility Letter shall be deemed to incorporate the relevant amendments contained within this
letter.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">8.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This letter may be executed in counterparts, each of which shall be deemed to be an original,
and all such counterparts taken together shall constitute one and the same agreement. This
letter and any non-contractual obligations arising in connection with it shall be governed by
English law and the provisions of Clause 16 (Governing Law) of the Facility Letter shall be
incorporated, with any necessary changes, as if set out in full in this letter. No person
shall have any right to enforce any provision of this letter under the Contracts (Rights of
Third Parties) Act 1999.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 11pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">9.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Please indicate your agreement to the foregoing by countersigning the attached copy of this
letter and returning the same to us.</TD>
</TR>

</TABLE>


<P align="center" style="font-size: 11pt">&#091;signature page follows&#093;



<P align="left" style="font-size: 11pt">For and of behalf of
<BR>
<B>Citibank Europe plc</B>


<P align="left" style="font-size: 11pt; text-indent: 1%"><FONT style="font-size: 10pt"><U> /s/ Niall Tuckey </U>
</FONT>

<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt">Name: </FONT><FONT style="font-size: 10pt">Niall Tuckey</FONT><BR>
<FONT style="font-size: 11pt">Title: </FONT><FONT style="font-size: 10pt">Director
</FONT>

<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt">We agree to the terms set out in this letter.
</FONT>

<P align="left" style="font-size: 11pt">For and of behalf of
<BR>
<B>Renaissance Reinsurance Ltd.</B>


<P align="left" style="font-size: 11pt; text-indent: 1%"><FONT style="font-size: 10pt"><U> /s/ Jeffrey D. Kelly </U>
</FONT>

<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt">Name: Jeffrey D. Kelly<BR>
Title: Chief Financial Officer
</FONT>

<P align="left" style="font-size: 11pt">For and of behalf of
<BR>
<B>DaVinci Reinsurance Ltd.</B>


<P align="left" style="font-size: 11pt; text-indent: 1%"><FONT style="font-size: 10pt"><U> /s/ Aditya Dutt</U>
</FONT>

<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt">Name: Aditya Dutt<BR>
Title: President
</FONT>

<P align="left" style="font-size: 11pt">For and of behalf of
<BR>
<B>RenaissanceRe Specialty Risks Ltd.</B>


<P align="left" style="font-size: 11pt; text-indent: 1%"><FONT style="font-size: 10pt"><U> /s/ Jeffrey D. Kelly </U>
</FONT>

<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt">Name: Jeffrey D. Kelly<BR>
Title: Chief Financial Officer
</FONT>

<P align="left" style="font-size: 11pt">For and of behalf of
<BR>
<B>RenaissanceRe Specialty U.S. Ltd.</B>


<P align="left" style="font-size: 11pt; text-indent: 1%"><FONT style="font-size: 10pt"><U> /s/ Jeffrey D. Kelly </U>
</FONT>

<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt">Name: Jeffrey D. Kelly<BR>
Title: Chief Financial Officer
</FONT>

<P align="left" style="font-size: 11pt">For and of behalf of
<BR>
<B>Renaissance Reinsurance of Europe</B>


<P align="left" style="font-size: 11pt; text-indent: 1%"><FONT style="font-size: 10pt"><U> /s/ Sean Brosnan</U>
</FONT>

<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt">Name: Sean Brosnan<BR>
Title: Managing Director
</FONT>

<P align="left" style="font-size: 11pt">For and of behalf of
<BR>
<B>Renaissance Reinsurance U.S. Inc.</B>


<P align="left" style="font-size: 11pt; text-indent: 1%"><FONT style="font-size: 10pt"><U> /s/ James M. Conway</U>
</FONT>

<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt">Name: James M. Conway<BR>
Title: Senior Vice President
</FONT>

<P align="left" style="font-size: 11pt">For and of behalf of
<BR>
<B>Platinum Underwriters Bermuda, Ltd.</B>


<P align="left" style="font-size: 11pt; text-indent: 1%"><FONT style="font-size: 10pt"><U> /s/ Ross A. Curtis</U>
</FONT>

<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt">Name: Ross A. Curtis<BR>
Title: President
</FONT>


<P align="center" style="font-size: 10pt; display: none">




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