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  Home > About ACE Tempest Re > ACE Tempest Re Companies > ACE Tempest Re Canada > ACE Tempest Re Canada
  ACE Tempest Re Canada
ACE Group
 
 

Profile
ACE Tempest Re Canada, a wholly owned managing underwriter, writes all lines of property and casualty reinsurance.  It was established in late 2006 to serve the Canadian insurance market.

ACE Tempest Re Canada is authorised
 to write reinsurance on behalf of ACE's licensed and admitted Canadian insurance companies. In addition, ACE Tempest Re Canada is a Lloyd’s approved coverholder and can offer clients access to Syndicate 2488, a wholly owned ACE syndicate, also licensed and admitted in Canada.

Coverage

ACE Tempest Re Canada is prepared to quote and offer substantial capacity to our cedents as follows: 

 

Property

  • Excess - maximum capacity $10mm per risk, per program/$20mm per occurrence, per program
  • Pro-rata/Surplus - maximum capacity $20mm per occurrence per program
  • Catastrophe - maximum capacity $20mm per occurrence per program

 

Casualty 

  • Excess - maximum capacity $10mm per risk per program
  • Pro-rata/Surplus - maximum capacity $10mm per risk per program

 

Surety

  • Excess - maximum capacity $10mm per program
  • Pro-Rata/Surplus - maximum capacity $10mm per risk, per program

 

Crop Hail

  • Excess - maximum capacity $10mm per program
  • Pro-rata/Surplus - maximum capacity $5mm per risk per program


Financial Strength
The statutory entities for which ACE Tempest Re Canada underwrites have financial strength ratings as follows as at 18 August 2009:

  AM Best 

  S&P  

  Fitch 

  Moody's 

ACE INA Insurance Company

A+

A

 

 

ACE Lloyd's Syndicate AGM 2488

 

 

 

A-

ACE Lloyd's Syndicate 2488 benefits from the Lloyd's market ratings

A

A+

A+

 
For more financial information on ACE's Global Reinsurance operations or ACE Limited, the ACE Group's Swiss-incorporated parent company visit the Investor Information page at www.acelimited.com where you will find the ACE Limited annual report, financial supplements and rating information. 

ACE Financial Review
Also at www.acelimited.com you will find the ACE Financial Review webcast - ACE Limited Chief Financial Officer Philip Bancroft provides an overview of the ACE Group's financial position, invested asset portfolio and operating performance.  Watch the ACE Financial Review - Second Quarter 2009 webcast.



Contact Information

ACE Tempest Re Canada
1800 McGill College Avenue
Suite 910
Montreal
Quebec, H3A 3J6
Canada
Voice mail: 514-798 7275 
Main fax: 514-798 8805
email: info@acetempestre.com

For more information please contact one of our underwriting or actuarial team:

President

Tino Petalas
Tel: 514-798-7284
Email: tino.petalas@acegroup.com

Underwriting
Céline Marcotte
Tel: 514-798-7279
Email: celine.marcotte@acegroup.com

Marvin D. Luxenberg
Tel: 514-798-7290
Email: marvin.luxenberg@acegroup.com

Melinda Martin
Tel : 514-798-7280
Email : melinda.martin@acegroup.com


Claims
John Carmosino
Tel : 514-798-7289
Email :
john.carmosino@acegroup.com 

Actuarial

Levente Tolnai
Tel: 514-798-7277
Email:
Levente.tolnai@ace-ina.com

     
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