ACE INA Insurance Establishes Montreal Property & Casualty Office; Alison Debroux Named Branch Manager

TORONTO, Nov. 21, 2006 – ACE INA Insurance, part of the ACE Group of Companies, today announced the opening of its new Montreal office. The office, located at 1800, avenue McGill College will provide commercial property and casualty insurance for the Quebec and Eastern Canadian market.

Alison Debroux, Vice President and Branch Manager has been appointed to expand its existing Montreal presence and product portfolio. With access to all commercial product lines offered by ACE Canada, this newly established office will provide greater accessibility to its Quebec and Eastern Canadian distribution community and policyholders.

“The opening of this new office in Montreal represents a significant milestone in our expansion strategy,” said Daniel Courtemanche, President and Chief Executive Officer. “Establishing a greater physical presence in Montreal will allow us to increase our market share, while providing our Quebec-based clients with local underwriting expertise.”

“With more than 20 years experience, Alison is a seasoned insurance executive who will ably lead our Montreal underwriting division,” said Paul Primiani, Chief Underwriting Officer. “Alison began her career in Quebec and understands this unique market very well.”

About ACE INA Insurance

ACE INA Insurance is a member of the ACE Group of Companies (NYSE: ACE). ACE INA Insurance provides commercial property and casualty insurance products and services throughout Canada. Additional information on ACE INA Insurance and its life company affiliate, ACE INA Life Insurance, can be found at The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.