The ACE Tempest Re Group oversees the reinsurance operations of the ACE Group of Companies. The Group consists of ACE Tempest Re Bermuda, ACE Tempest Re USA, ACE Tempest Re Canada, and ACE Tempest Re Europe (which includes ACE’s Lloyd’s-based reinsurance business and ACE European Group’s property and casualty reinsurance operations).
Established in Bermuda in October 1993 in response to the dislocation of the catastrophe reinsurance market following Hurricane Andrew, the ACE Tempest Re Group has grown into a leading global multi-line reinsurance operation with underwriting offices in Bermuda, Stamford, Montreal, London and Zurich. The companies within the Group work through reinsurance intermediaries to provide a wide range of reinsurance products for a diverse range of clients around the world. Products include: property catastrophe, aviation, marine, casualty, surety, workers’ compensation, professional liability and accident & health.
Each of the ACE Tempest Re companies offers a responsive and client-focused approach to risk assessment and pricing, with an emphasis on actuarial modeling. This highly analytical approach, developed for the property catastrophe market, has been modified to structure catastrophe products for such lines as workers’ compensation and personal accident catastrophe reinsurance and is also applied to non-catastrophe property and casualty business.