UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549

                                    FORM 13F

                              FORM 13F COVER PAGE

Report  for  the  Calendar  Year  or  Quarter  Ended:  June 30, 2011

Check here if Amendment [ ]; Amendment Number:
  This Amendment (Check only one.):  [  ] is a restatement.
                                     [  ] adds new holdings entries.

Institutional  Investment  Manager  Filing  this  Report:

Name:     New Vernon Capital Holdings II LLC
Address:  Harborside Financial Center
          Plaza 5, Suite 2330
          Jersey City, NJ 07311

Form  13F  File  Number:  28-14173

The  institutional  investment manager filing this report and the person by whom
it  is  signed hereby represent that the person signing the report is authorized
to  submit  it,  that  all  information  contained  herein  is true, correct and
complete,  and  that  it  is  understood  that  all  required items, statements,
schedules,  lists,  and  tables,  are  considered  integral  parts of this form.

Persons  Signing  this  Report  on  Behalf  of  Reporting  Manager:

Name:     Sebastian Calabro
Title:    Member
Phone:    (201) 793-0537


Signature,  Place,  and  Date  of  Signing:

/s/ Sebastian Calabro          Jersey City, NJ           8/12/2011
---------------------          ---------------          ------------
 [Signature]                   [City, State]              [Date]


Report  Type  (Check  only  one.):

[  ]    13F  HOLDINGS  REPORT.  (Check  here  if all holdings of this reporting
        manager  are  reported  in  this  report.)

[ ]     13F NOTICE.  (Check here if no holdings reported are in this report, and
        all  holdings  are  reported  by  other  reporting  manager(s).)

[X]     13F  COMBINATION  REPORT.  (Check  here if a portion of the holdings for
        this  reporting  manager is reported in this report and a portion is
        reported by other  reporting  manager(s).)

List  of  Other  Managers  Reporting  for  this  Manager:

Form 13F File Number          Name
28-14174                      New Vernon Investment Management LLC








                                    TITLE OF                   VALUE  SHARES/ SH/PUT   INVSTMT   OTHER        VOTING AUTHORITY
NAME OF ISSUER                       CLASS          CUSIP    x($1000) PRN AMT PRN CALL DISCRETN  MANAGERS   SOLE    SHARED     NONE
------------------------------  ----------------  ---------  -------- ------- --- ---- --------  --------  ------  --------  -------
                                                                                               
COMPANHIA DE BEBIDAS DAS AME    SPON ADR PFD      20441W203  4,206   124,700  SH       DEFINED   N/A       124,700
BANCO BRADESCO S A              SP ADR PFD NEW    059460303  7,628   372,300  SH       DEFINED   N/A       372,300

                                               2                11,835






                             FORM 13F SUMMARY PAGE

Report  Summary:

Number  of  Other  Included  Managers:           0
Form  13F  Information  Table  Entry  Total:     2
Form 13F Information Table Value Total:     11,835
     (thousands)