EXHIBIT 23.3


CONSENT OF INDEPENDENT ACCOUNTANTS

We consent to the incorporation by reference in the registration statement on
Forms F-4 and S-4 dated June 15, 1998 related to the offering of Senior Notes
due 2008 (the "Exchange Notes") by Terra Nova Insurance (UK) Holdings plc fully
and unconditionally guaranteed by Terra Nova (Bermuda) Holdings Ltd. ("Bermuda
Holdings"), of our report dated March 6, 1998 included in the annual report on
Form 10-K for the year ended December 31, 1997 (the "Form 10-K") of Bermuda
Holdings, on our audit of the consolidated financial statements of Bermuda
Holdings and subsidiaries as of December 31, 1996 and 1997 and for each of the
three years in the period ended December 31, 1997, and of our report dated March
6, 1998 included in the Form 10-K of Bermuda Holdings, on the financial
statement schedules listed in Item 14 therein. We also consent to the reference
to our firm under the caption "Experts".



/s/ Coopers & Lybrand
                         
COOPERS & LYBRAND
Hamilton, Bermuda

June 15, 1998