RenaissanceRe Pays a $0.15 Dividend

The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) has approved a quarterly dividend of $0.15 per common share. The dividend is payable on September 15, 2003 to shareholders of record on September 10, 2003. RenaissanceRe Holdings Ltd. (NYSE: RNR), is a global provider of reinsurance and insurance. The Company's business primarily consists of four components: (1) catastrophe reinsurance; (2) catastrophe reinsurance written for the account of joint ventures Top Layer Reinsurance Ltd. and DaVinci Reinsurance Ltd; (3) specialty reinsurance, including such lines as catastrophe-expos...