Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
BRANAGAN IAN D
   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
(Last)
(First)
(Middle)
RENAISSANCE HOUSE, 12 CROW LANE		 3. Date of Earliest Transaction (Month/Day/Year)
02/11/2013
(Street)

PEMBROKE, D0 HM 19		 4. If Amendment, Date 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
(City)
(State)
(Zip)
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 02/11/2013   M(1)   15,644 A $ 53.96 82,245 D  
Common Stock 02/11/2013   M(2)   18,814 A $ 53.86 101,059 D  
Common Stock 02/11/2013   F(1)   10,031 D $ 84.16 91,028 D  
Common Stock 02/11/2013   F(2)   12,041 D $ 84.16 78,987 D  
Common Stock 02/13/2013   S(3)   12,386 D $ 84.82 (4) 66,601 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: 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) $ 53.96 02/11/2013   M(1)     15,644 03/12/2005 03/12/2014 RNR Common Stock 15,644 $ 0 0 D  
Non-Qualified Stock Option (Right to Buy) $ 53.86 02/11/2013   M(2)     18,814 03/03/2009 03/03/2018 RNR Common Stock 18,814 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BRANAGAN IAN D
RENAISSANCE HOUSE
12 CROW LANE
PEMBROKE, D0 HM 19		       SVP, Chief Risk Officer  

Signatures

 /S/ Stephen H. Weinstein, Attorney-in-Fact   02/13/2013
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The transactions reported hereby relate to the exercise of employee stock options originally granted to the Reporting Person on March 12, 2004 with a ten year term. The exercise was effected pursuant to the terms of an irrevocable instruction letter adopted by the Reporting Person on August 31, 2012 which includes sale mechanics intended to be substantially identical to a 10b5-1 plan.
(2) The transactions reported hereby relate to the exercise of employee stock options originally granted to the Reporting Person on March 3, 2008 with a ten year term. The exercise was effected pursuant to the terms of an irrevocable instruction letter adopted by the Reporting Person on August 31, 2012 which includes sale mechanics intended to be substantially identical to a 10b5-1 plan.
(3) This form reflects the sale of shares which may be deemed to be beneficially owned by the Reporting Person on February 13, 2013. The sale was effected pursuant to the terms of an irrevocable instruction letter adopted by the Reporting Person on August 31, 2012 which includes sale mechanics intended to be substantially identical to a 10b5-1 plan.
(4) Represents a weighted average sale price; the sales prices ranged from $84.55 to $85.22. 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.

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

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