Ace Tempest Re Group has established an underwriting presence at Lloyd's Reinsurance Company (China) Limited, Lloyd's new licensed reinsurance company based in Shanghai.Bermuda headquartered Ace Tempest Re, the reinsurance division of the Ace Group of Companies, will offer all lines of property and casualty facultative and treaty reinsurance to the Chinese market through the Ace Tempest Re Underwriting Division of Lloyd's in China, which will be fully supported by Ace's existing Lloyd's Syndicate 2488.