Hamilton, Bermuda-based insurer ACE Limited said the ACE Tempest Re Group has established ACE Tempest Re Canada. The wholly owned managing underwriter will write all lines of property-casualty reinsurance for the Canadian market.

ACE said it established the new insurer to better serve the Canadian insurance market with products and services for their business needs.

ACE Tempest Re Canada is authorized to write reinsurance on behalf of ACE's licensed and admitted Canadian insurance companies.

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