Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

ACE Tempest Re opens Canadian unit

Reprints

HAMILTON, Bermuda--The ACE Tempest Re Group at ACE Ltd. has created a Canadian subsidiary to write property/casualty reinsurance in Canada.

The Montreal-based unit, ACE Tempest Re Canada, was established to better serve the company's Canadian clients, the company said in a statement.

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

Constantin Petalas has been appointed president of the new operation. He most recently served as chief executive officer and chief underwriting officer of AXA Re Canada.