[Letterhead of PricewaterhouseCoopers LLP]



                       Consent of Independent Accountants


We hereby consent to the incorporation by reference in the Registration
Statement on Form S-3 (Registration No. 33-34499) and Registration Statement on
Form S-8 (Registration No. 33-99974) of Risk Capital Holdings, Inc. of our
report dated February 1, 2000 appearing on page F-2 of the Company's Annual
Report on Form 10-K for the year ended December 31, 1999. We also consent to the
incorporation by reference of our report on the Financial Statement Schedules,
also dated February 1, 2000, which appears on page S-1 of the Company's Annual
Report on Form 10-K for the year ended December 31, 1999. We also consent to the
reference to us under the heading "Experts" in such Registration Statement.



/s/ PricewaterhouseCoopers LLP
New York, New York
March 27, 2000