RENAISSANCERE HOLDINGS LTD

Ticker: RNR CUSIP: G7496G103 Class: COM

Triple Frond Partners LLC's Holding History (CIK: 0001454502)

Note: Option positions (PUT/CALL) are excluded.

Q1 2014

Shares 175,000 Value ($000) $17,080 Avg Close $93.66 Range $89.64 - $98.00

Q4 2013

Shares 175,000 Value ($000) $17,035 Avg Close $93.15 Range $89.90 - $97.53

Q3 2013

Shares 300,089 Value ($000) $27,167 Avg Close $87.31 Range $83.19 - $90.68

Q2 2013

Shares 425,089 Value ($000) $36,893 Avg Close $88.61 Range $82.50 - $95.00

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	175,000	$17,080	$93.66	$89.64 - $98.00
Q4 2013	175,000	$17,035	$93.15	$89.90 - $97.53
Q3 2013	300,089	$27,167	$87.31	$83.19 - $90.68
Q2 2013	425,089	$36,893	$88.61	$82.50 - $95.00