<SEC-DOCUMENT>0001299933-17-001014.txt : 20171004
<SEC-HEADER>0001299933-17-001014.hdr.sgml : 20171004
<ACCEPTANCE-DATETIME>20171004162142
ACCESSION NUMBER:		0001299933-17-001014
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20171004
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20171004
DATE AS OF CHANGE:		20171004

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:		171121890

	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_55425.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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	October 4, 2017
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	RenaissanceRe Holdings Ltd.
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	(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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	HM 19
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_________________________________<BR>
	(Address of principal executive offices)
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___________<BR>
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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
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[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</FONT>
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Emerging growth company [&nbsp;&nbsp;]<br>
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [&nbsp;&nbsp;]<br>
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	Item 2.02 Results of Operations and Financial Condition.
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On October 4, 2017 RenaissanceRe Holdings, Ltd. issued a press release announcing its initial estimated net negative impact from Hurricanes Harvey, Irma and Maria and the Mexico City Earthquake. 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 is not deemed to be "filed" for 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 October 4, 2017.
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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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<A HREF="exhibit1.htm" >
Press Release dated October 4, 2017
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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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	October 4, 2017
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	By:
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<I>
	Stephen H. Weinstein
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	Name: Stephen H. Weinstein
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	Title: SVP, Group General Counsel & Corporate Secretary
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<TYPE>EX-99.1
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<P align="right" style="font-size: 10pt"><FONT style="font-size: 12pt"><B>EXHIBIT 99.1</B></FONT>



<P align="center" style="font-size: 12pt"><img src="e43973-172771029211445aa9_1.jpg">



<P align="center" style="font-size: 12pt"><FONT style="font-size: 11pt"><B><I>RenaissanceRe Announces $625 Million Initial Estimated Net Negative Impact from Hurricanes<BR>
Harvey, Irma and Maria and the Mexico City Earthquake</I></B></FONT>



<P align="left" style="font-size: 11pt">PEMBROKE, Bermuda, October&nbsp;4, 2017 &#151; RenaissanceRe Holdings Ltd. (NYSE: RNR) (&#147;RenaissanceRe&#148; or
the &#147;Company&#148;) today announced it anticipates an initial estimated net negative impact of $625
million from Hurricanes Harvey, Irma and Maria and the Mexico City Earthquake. These events caused
widespread damage to both personal and commercial property in and around the impacted regions.


<P align="left" style="font-size: 11pt">The Company currently estimates that losses from Hurricanes Harvey and Irma will have a net
negative impact of approximately $225&nbsp;million and $175&nbsp;million, respectively, on its third quarter
2017 results of operations.


<P align="left" style="font-size: 11pt">In addition, the Company currently estimates that the combined losses from Hurricane Maria and the
Mexico City Earthquake will have a net negative impact of approximately $225&nbsp;million on its third
quarter 2017 results of operations.


<P align="left" style="font-size: 11pt">Kevin J. O&#146;Donnell, CEO of RenaissanceRe, commented: &#147;We extend our sympathies to all those
affected by these recent catastrophic events, and recognize their enormous human impact. As we have
always done, we stand ready to help rebuild the many affected communities by serving our customers
and paying claims.&#148;


<P align="left" style="font-size: 11pt">Net negative impact includes the sum of estimates of net claims and claim expenses incurred, earned
reinstatement premiums assumed and ceded, lost profit commissions and redeemable noncontrolling
interest. The Company&#146;s estimates are based on a review of its potential exposures, preliminary
discussions with certain counterparties and catastrophe modeling techniques. Meaningful uncertainty
regarding the estimates and the nature and extent of the losses from these events remains, driven
by the magnitude and recent occurrence of each event, relatively limited claims data received to
date, the contingent nature of business interruption and other exposures, potential uncertainties
relating to reinsurance recoveries and other factors inherent in loss estimation, among other
things. The Company believes these estimates may be even more uncertain for the two more recent
events, Hurricane Maria and the Mexico City Earthquake because, among other things, recovery,
insurance loss adjusting and exposure estimates are at earlier stages. Furthermore, seismic events
such as the Mexico City Earthquake generally have longer development periods than windstorm events,
which may be amplified in this instance by dynamics such as the risk of geological liquefaction and
the potential for uncertainty in claims adjudication. In respect of Hurricane Maria, recovery
efforts are ongoing and expanding, with power outages, infrastructure damage, communications
disruptions and other issues complicating loss mitigation and estimation. Accordingly, the
Company&#146;s actual net negative impact from all four events noted above, both individually and in the
aggregate, will vary from these preliminary estimates, perhaps materially. Updated loss estimates
related to these events will be reflected in RenaissanceRe&#146;s third quarter 2017 results, when
reported.


<P align="left" style="font-size: 11pt"><B>About RenaissanceRe</B>


<P align="left" style="font-size: 11pt">RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance that specializes in
matching well-structured risks with efficient sources of capital. The Company provides property,
casualty and specialty reinsurance and certain insurance solutions to customers, principally
through intermediaries. Established in 1993, the Company has offices in Bermuda, Ireland,
Singapore, the United Kingdom, and the United States.


<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 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 accounting rules that may impact financial results irrespective
of business 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"><B>Investors:</B>
<BR>
RenaissanceRe Holdings Ltd.
<BR>
Aditya Dutt, 441-239-4778
<BR>
Senior Vice President and Treasurer


<P align="left" style="font-size: 11pt">or


<P align="left" style="font-size: 11pt"><B>Media:</B>
<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



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




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