Located in Stamford, Connecticut, ACE Tempest Re USA writes all lines of traditional and non-traditional property and casualty business for the North American market.
At ACE Tempest Re USA we champion a rational approach to risk assessment and pricing, with an emphasis on actuarial modeling and lateral thinking. The company provides significant risk capacity where the underlying data allow adequate evaluation of the risks and structures. To achieve this, our underwriters work with clients and brokers, giving transparent feedback of analysis and modeling, and an understanding of our pricing which seeks to equitably share risk and reward based on underwriting and actuarial risk assessment.
Products
ACE Tempest Re USA underwrites a diversified treaty reinsurance and casualty facultative portfolio produced through reinsurance intermediaries. We also have a broad interest in all aspects of the property and casualty reinsurance business as highlighted below:
- Alternative Risk products for captives and other alternative insurance mechanisms
- Accident and Health including personal accident / special risk as well as medical QS and Excess of Loss
- Casualty Facultative reinsurance for General Liability, Professional Liability, Workers Comp, Auto, Medical Malpractice and Umbrella risks
- Commercial Auto
- Contract Surety accounts for national and regional carriers, on either a Quota Share or Excess of Loss basis
- Environment Liability
- Excess and Surplus lines mainframe covers or covers for specific programs or classes of business
- General Liability
- Managed Care Errors and Omissions for small and medium sized regional risks
- Medical Malpractice
- Personal Auto including Non-Standard Auto particularly for insurance company clients
- Professional Liability including Professional Service firms, Directors and Officers, Fiduciary Liability, and EPLI
- Property Risk Excess and Pro Rata covers, particularly in the Excess and Surplus lines area
- Structured Reinsurance for property & casualty
- Surety & Fidelity
- Umbrella programs particularly for small to medium Excess and Surplus lines risks, and for standard companies writing over their own primaries
- Workers Compensation
- Workers Compensation Catastrophe,
we can offer total capacity of up to $20 Million for business with M.A.O.L limitations
Our maximum capacity on all classes remains $10 Million for Excess of Loss business and $5 Million for Pro Rata accounts with the exception of Workers Compensation Catastrophe business ($20 Million capacity) mentioned above.
ACE Tempest Re USA also considers startups, transactions requiring unique responses or programs blending insurance and financial solutions. Participation can be offered on multi-year programs on a selective basis. Reinsurance options allowing clients to secure future capacity at a fixed price are also available.
Financial Strength
As a member of the ACE American pool, ACE P&C carries A+ ratings from both A.M. Best and Standard & Poor's and is backed by $2.68 billion of satutory surplus as of December 31, 2005.