<SEC-DOCUMENT>0001299933-17-000365.txt : 20170413
<SEC-HEADER>0001299933-17-000365.hdr.sgml : 20170413
<ACCEPTANCE-DATETIME>20170413160237
ACCESSION NUMBER:		0001299933-17-000365
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20170412
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170413
DATE AS OF CHANGE:		20170413

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:		17760666

	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_54806.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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	April 12, 2017
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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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	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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	(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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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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<P><FONT SIZE="2">
[&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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<B>
	Item 2.02 Results of Operations and Financial Condition.
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On April 12, 2017, RenaissanceRe Holdings Ltd. ("RenaissanceRe") issued a press release announcing the estimated impact of the U.K. Ministry of Justice's recent announcement of a decrease in the discount rate used to calculate lump sum awards in U.K. bodily injury cases, known as the Ogden rate. A copy of the press release is furnished herewith as Exhibit 99.1.  <br><br>The information in Items 2.02 and 7.01 of this Form 8-K and Exhibit 99.1 attached hereto is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section and shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, except as otherwise expressly stated in such filing.
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	Item 7.01 Regulation FD Disclosure.
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The information contained in Item 2.02 is incorporated herein by reference.
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	Item 9.01 Financial Statements and Exhibits.
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(d) Exhibits.<br><br>Exhibit 99.1    Press release dated April 12, 2017 <br>
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<B>
	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>
	April 13, 2017
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<I>
	By:
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	&nbsp;
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<I>
	/s/ James C. Fraser
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<BR>
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	&nbsp;
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	Name: James C. Fraser
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	Title: SVP, Chief Accounting Officer
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	Exhibit&nbsp;Index
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	Exhibit No.
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	99.1
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	&nbsp;
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Press release dated April 12, 2017
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<DESCRIPTION>EX-99.1
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<P align="right" style="font-size: 10pt"><FONT style="font-size: 11pt"><B>EXHIBIT 99.1</B></FONT>



<P align="center" style="font-size: 11pt"><FONT style="font-size: 12pt"><img src="e43562-171031013307059ff0_1.jpg"></FONT>



<P align="center" style="font-size: 12pt"><FONT style="font-size: 11pt"><B><I>RenaissanceRe Holdings Ltd. Announces Estimated Ogden Rate Change Impact</I></B></FONT>



<P align="left" style="font-size: 11pt"><B>PEMBROKE, Bermuda, April&nbsp;12, 2017&#151;</B>RenaissanceRe Holdings Ltd. (the &#147;Company&#148;) (NYSE: RNR) today
announced the estimated impact of the U.K. Ministry of Justice&#146;s recent announcement of a decrease
in the discount rate used to calculate lump sum awards in U.K. bodily injury cases, known as the
Ogden rate. Effective March&nbsp;20, 2017, the Ogden rate changed from plus 2.5% to minus 0.75%, a
decrease of 325 basis points.


<P align="left" style="font-size: 11pt">Based upon information currently available, the Company estimates that the pre-tax impact of the
rate change on its carried reserves is approximately $30&nbsp;million, to be recognized in the first
quarter of 2017. The majority of the reserve increase relates to a limited number of U.K. medical
malpractice contracts within the Company&#146;s Casualty and Specialty segment.


<P align="left" style="font-size: 11pt">Due to the complexity of factors contributing to the change in reserve estimates, the ultimate
impact to the Company&#146;s reserves as a result of the change in the Ogden rate may vary from these
estimates.


<P align="left" style="font-size: 11pt">RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance. The Company&#146;s
business consists of two reportable segments: (1)&nbsp;Property, which is comprised of catastrophe and
other property reinsurance and insurance written on behalf of our operating subsidiaries and
certain joint ventures managed by our ventures unit, and (2)&nbsp;Casualty and Specialty, which is
comprised of casualty and specialty reinsurance and insurance written on behalf of our operating
subsidiaries and certain specialty joint ventures managed by our ventures unit.


<P align="left" style="font-size: 11pt"><B>Cautionary Statement Regarding Forward Looking Statements</B>


<P align="left" style="font-size: 11pt">Any forward-looking statements made in this Press Release reflect RenaissanceRe&#146;s current views
with respect to future events and financial performance and are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. These statements are subject to
numerous factors that could cause actual results to differ materially from those set forth in or
implied by such forward-looking statements, including the following: the frequency and severity of
catastrophic and other events that the Company covers; the effectiveness of the Company&#146;s claims
and claim expense reserving process; the Company&#146;s ability to maintain its financial strength
ratings; the effect of climate change on the Company&#146;s business; the effect of U.S. business tax
reform proposals; adverse tax developments, including potential changes to the taxation of
inter-company or related party transactions, or changes to the tax treatment of shareholders or
investors in RenaissanceRe or joint ventures or other entities the Company manages; the effect of
emerging claims and coverage issues; continued soft reinsurance underwriting market conditions; the
Company&#146;s reliance on a small and decreasing number of reinsurance brokers and other distribution
services for the preponderance of its revenue; the Company&#146;s exposure to credit loss from
counterparties in the normal course of business; the effect of continued challenging economic
conditions throughout the world; a contention by the Internal Revenue Service that Renaissance
Reinsurance Ltd., or any of the Company&#146;s other Bermuda subsidiaries, is subject to taxation in the
U.S.; the performance of the Company&#146;s investment portfolio; losses that the Company could face
from terrorism, political unrest or war; the effect of cybersecurity risks, including technology
breaches or failure on the Company&#146;s business; the Company&#146;s ability to successfully implement its
business strategies and initiatives; the Company&#146;s ability to retain key senior officers and to
attract or retain the executives and employees necessary to manage its business; the Company&#146;s
ability to determine the impairments taken on investments; the availability of retrocessional
reinsurance on acceptable terms; the effect of inflation; the ability of the Company&#146;s ceding
companies&#146; and delegated authority counterparties to accurately assess the risks they underwrite;
the effect of operational risks, including system or human failures; the Company&#146;s ability to
effectively manage capital on behalf of investors in joint ventures or other entities it manages;
foreign currency exchange rate fluctuations; the Company&#146;s ability to raise capital if necessary;
the Company&#146;s ability to comply with covenants in its debt agreements; changes to the regulatory
systems under which the Company operates, including as a result of increased global regulation of
the insurance and reinsurance industry; changes in Bermuda laws and regulations and the political
environment in Bermuda; the Company&#146;s dependence on the ability of its operating subsidiaries to
declare and pay dividends; the success of any of the Company&#146;s strategic investments or
acquisitions, including the Company&#146;s ability to manage its operations as its product and
geographical diversity increases; aspects of the Company&#146;s corporate structure that may discourage
third party takeovers or other transactions; the cyclical nature of the reinsurance and insurance
industries; adverse legislative developments that reduce the size of the private markets the
Company serves or impede their future growth; other political, regulatory or industry initiatives
adversely impacting the Company; risks related to Solvency II; the effect on the Company&#146;s business
of the highly competitive nature of its industry, including the effect of new entrants to,
competing products for and consolidation in the (re)insurance industry; consolidation of
competitors, customers and insurance and reinsurance brokers; increasing barriers to free trade and
the free flow of capital; international restrictions on the writing of reinsurance by foreign
companies and government intervention in the natural catastrophe market; the effect of Organization
for Economic Co-operation and Development or European Union (&#147;EU&#148;) measures to increase the
Company&#146;s taxes and reporting requirements; the effect of the vote by the U.K. to leave the EU;
changes in regulatory regimes and/or accounting rules that impact financial results irrespective of
operations; the Company&#146;s need to make many estimates and judgments in the preparation of its
financial statements; and other factors affecting future results disclosed in RenaissanceRe&#146;s
filings with the SEC, including its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.


<P align="center" style="font-size: 11pt">###



<P align="left" style="font-size: 11pt">Investor Contact:
<BR>
Aditya Dutt, 441-239-4778
<BR>
Senior Vice President, Treasurer


<P align="left" style="font-size: 11pt">Media Contacts:
<BR>
RenaissanceRe Holdings Ltd.
<BR>
Elizabeth Tillman, 212-238-9224
<BR>
Director &#150; Communications


<P align="left" style="font-size: 11pt">Kekst and Company
<BR>
Peter Hill or Dawn Dover, 212-521-4800



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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
