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Company Details
ACE AMERICAN INSURANCE COMPANY License Status :
Active
NAIC Number :
22667
Phone Number:
2156401000
Company Address:
436 Walnut Street P.O. Box 1000
Philadelphia, PA 19106
Description:
Property and Casualty
License Number:
B423385
Date Admitted:
1970-10-14
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2022 | Total Accident & Health | 0.00% | $847,606 | $911,376 | $170,812 | $109,591 | 12.02 % |
| 2022 | Total Group Accident & Health | 0.00% | $847,606 | $911,376 | $170,812 | $109,591 | 12.02 % |
| 2022 | Group Accident Only | 0.17% | $692,634 | $762,131 | $153,108 | $98,232 | 12.89 % |
| 2022 | Group Limited Benefit | 0.02% | $154,972 | $149,245 | $17,704 | $11,359 | 7.61 % |
| 2022 | Total Property & Casualty | 0.19% | $66,572,033 | $64,885,669 | $26,258,414 | $38,272,056 | 58.98 % |
| 2022 | Total Fire & Allied Lines | 0.12% | $1,373,109 | $1,323,115 | $35,706 | $115,656 | 8.74 % |
| 2022 | Commercial Fire & Allied Lines | 0.20% | $1,373,109 | $1,323,115 | $35,706 | $115,656 | 8.74 % |
| 2022 | Commercial Multi-Peril | 0.46% | $12,299,201 | $12,628,661 | $2,712,528 | $3,184,083 | 25.21 % |
| 2022 | Ocean Marine | 1.16% | $1,792,931 | $1,755,202 | $327,852 | $711,698 | 40.55 % |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.41% | $6,518,492 | $6,471,922 | $918,249 | $930,089 | 14.37 % |
| 2022 | Total Medical Malpractice | 0.22% | $561,360 | $573,589 | $25,000 | $-93,568 | -16.31 % |
| 2022 | Medical Malpractice - Physicians & Surgeons | 0.00% | $0 | $0 | $0 | $2 | N/A |
| 2022 | Medical Malpractice - Hospitals | 0.03% | $26,169 | $42,042 | $0 | $-126,686 | -301.33 % |
| 2022 | Medical Malpractice - Other | 2.70% | $535,191 | $531,547 | $25,000 | $33,116 | 6.23 % |
| 2022 | Earthquake | 0.11% | $383,976 | $145,674 | $0 | $0 | 0.00 % |
| 2022 | Direct Workers Compensation | 0.27% | $8,686,164 | $8,480,973 | $2,098,141 | $706,926 | 8.34 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.85% | $19,613,245 | $19,730,888 | $17,486,258 | $25,457,630 | N/A |
| 2022 | Excess Workers Compensation | 1.76% | $2,247,983 | $1,926,962 | $1,151,497 | $1,749,420 | 90.79 % |
| 2022 | Products Liability | 1.11% | $1,226,659 | $1,149,136 | $0 | $256,548 | 22.33 % |
| 2022 | Total Commercial Automobile | 0.46% | $10,952,735 | $10,093,149 | $1,482,992 | $5,404,279 | 53.54 % |
| 2022 | Commercial Auto Liability Bodily Injury | 0.93% | $10,711,890 | $9,852,214 | $1,260,888 | $5,131,981 | 52.09 % |
| 2022 | Commercial Auto Liability Property Damage | 0.00% | $0 | $0 | $50,510 | $97,488 | N/A |
| 2022 | Commercial Auto Comprehensive | 0.04% | $102,189 | $100,073 | $22,767 | $29,373 | 29.35 % |
| 2022 | Commercial Auto Collision | 0.03% | $138,656 | $140,862 | $148,827 | $145,437 | N/A |
| 2022 | Fidelity | 0.13% | $97,899 | $97,273 | $19,191 | $49,214 | 50.59 % |
| 2022 | Burglary & Theft | 0.06% | $11,864 | $11,187 | $0 | $4,012 | 35.86 % |
| 2022 | Boiler & Machinery | 0.01% | $13,355 | $10,596 | $0 | $679 | 6.41 % |
| 2022 | VSI/Collateral Protection | 4.14% | $758,921 | $453,203 | $1,000 | $-199,606 | -44.04 % |
| 2022 | Other Specific | 0.44% | $34,139 | $34,139 | $0 | $-5,004 | -14.66 % |
| 2021 | Total Accident & Health | 0.00% | $1,076,566 | $955,065 | $235,233 | $30,131 | 3.15 % |
| 2021 | Total Group Accident & Health | 0.00% | $1,076,566 | $955,065 | $235,233 | $30,131 | 3.15 % |
| 2021 | Group Accident Only | 0.25% | $920,600 | $793,485 | $208,080 | $29,136 | 3.67 % |
| 2021 | Group Limited Benefit | 0.02% | $155,966 | $161,580 | $27,600 | $995 | 0.62 % |
| 2021 | Group Stop Loss | 0.00% | $0 | $0 | $-447 | $0 | N/A |
| 2021 | Total Property & Casualty | 0.18% | $60,338,026 | $56,815,019 | $13,202,142 | $8,683,541 | 15.28 % |
| 2021 | Total Fire & Allied Lines | 0.08% | $1,301,980 | $964,618 | $0 | $-40,869 | -4.24 % |
| 2021 | Commercial Fire & Allied Lines | 0.21% | $1,301,980 | $964,618 | $0 | $-40,869 | -4.24 % |
| 2021 | Commercial Multi-Peril | 0.50% | $12,172,770 | $11,612,346 | $3,367,079 | $7,224,970 | 62.22 % |
| 2021 | Ocean Marine | 1.31% | $1,851,779 | $1,809,475 | $96,700 | $254,932 | 14.09 % |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.40% | $5,777,742 | $5,069,798 | $1,491,563 | $1,517,915 | 29.94 % |
| 2021 | Total Medical Malpractice | 0.25% | $597,270 | $575,107 | $0 | $-148,895 | -25.89 % |
| 2021 | Medical Malpractice - Physicians & Surgeons | 0.00% | $0 | $0 | $0 | $-87 | N/A |
| 2021 | Medical Malpractice - Hospitals | 0.07% | $54,091 | $32,325 | $0 | $-29,376 | -90.88 % |
| 2021 | Medical Malpractice - Other | 3.67% | $543,179 | $542,782 | $0 | $-119,432 | -22.00 % |
| 2021 | Earthquake | 0.02% | $78,962 | $78,054 | $0 | $0 | 0.00 % |
| 2021 | Direct Workers Compensation | 0.23% | $7,066,028 | $7,000,430 | $2,931,972 | $1,812,739 | 25.89 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.91% | $20,278,756 | $19,090,350 | $3,492,902 | $-4,332,640 | -22.70 % |
| 2021 | Excess Workers Compensation | 0.97% | $1,243,798 | $1,268,783 | $47,909 | $1,594,241 | N/A |
| 2021 | Products Liability | 0.86% | $930,818 | $1,081,634 | $75,262 | $247,518 | 22.88 % |
| 2021 | Total Commercial Automobile | 0.39% | $8,527,239 | $8,079,211 | $1,698,755 | $591,165 | 7.32 % |
| 2021 | Commercial Auto Liability Bodily Injury | 0.72% | $8,272,222 | $7,813,739 | $1,579,609 | $520,641 | 6.66 % |
| 2021 | Commercial Auto Liability Property Damage | 0.00% | $0 | $0 | $17,351 | $29,006 | N/A |
| 2021 | Commercial Auto Comprehensive | 0.04% | $93,235 | $102,315 | $19,988 | $17,191 | 16.80 % |
| 2021 | Commercial Auto Collision | 0.04% | $161,782 | $163,157 | $81,807 | $24,327 | 14.91 % |
| 2021 | Aircraft | 0.00% | $0 | $0 | $0 | $-8 | N/A |
| 2021 | Fidelity | 0.05% | $35,532 | $32,615 | $0 | $-14,459 | -44.33 % |
| 2021 | Burglary & Theft | 0.04% | $8,563 | $7,202 | $0 | $-1,134 | -15.75 % |
| 2021 | Boiler & Machinery | 0.01% | $5,653 | $10,047 | $0 | $-32,202 | -320.51 % |
| 2021 | VSI/Collateral Protection | 3.03% | $420,715 | $94,928 | $0 | $634 | 0.67 % |
| 2021 | Other Specific | 0.34% | $40,421 | $40,421 | $0 | $9,634 | 23.83 % |
| 2020 | Total Accident & Health | 0.00% | $1,150,824 | $1,214,409 | $498,700 | $326,599 | 26.89 % |
| 2020 | Total Individual Accident & Health | 0.00% | $1,179 | $1,179 | $0 | $-266 | -22.56 % |
| 2020 | Individual Accident Only | 0.00% | $1,179 | $1,179 | $0 | $-266 | -22.56 % |
| 2020 | Total Group Accident & Health | 0.00% | $1,149,645 | $1,213,230 | $498,700 | $326,865 | 26.94 % |
| 2020 | Group Accident Only | 0.21% | $714,945 | $770,396 | $359,150 | $235,472 | 30.57 % |
| 2020 | Group Dental | 0.00% | $7,527 | $7,520 | $0 | $0 | 0.00 % |
| 2020 | Group Limited Benefit | 0.02% | $131,690 | $140,092 | $6,413 | $4,201 | 3.00 % |
| 2020 | Group Stop Loss | 0.01% | $295,483 | $295,222 | $133,137 | $87,192 | 29.53 % |
| 2020 | Total Property & Casualty | 0.16% | $48,983,543 | $44,527,586 | $21,405,861 | $16,499,844 | 37.06 % |
| 2020 | Total Fire & Allied Lines | 0.06% | $787,285 | $603,791 | $181,980 | $161,206 | 26.70 % |
| 2020 | Commercial Fire & Allied Lines | 0.16% | $787,285 | $603,791 | $181,980 | $161,206 | 26.70 % |
| 2020 | Commercial Multi-Peril | 0.47% | $10,515,814 | $8,985,309 | $2,652,583 | $6,478,209 | 72.10 % |
| 2020 | Ocean Marine | 1.29% | $1,803,253 | $1,531,966 | $47,675 | $-26,352 | -1.72 % |
| 2020 | Inland Marine (Incl Auto Cargo) | 0.37% | $4,578,832 | $3,201,465 | $794,631 | $2,553,319 | 79.75 % |
| 2020 | Total Medical Malpractice | 0.23% | $506,905 | $510,155 | $0 | $-145,291 | -28.48 % |
| 2020 | Medical Malpractice - Physicians & Surgeons | 0.00% | $0 | $0 | $0 | $-896 | N/A |
| 2020 | Medical Malpractice - Hospitals | 0.01% | $4,749 | $8,378 | $0 | $-31,871 | -380.41 % |
| 2020 | Medical Malpractice - Other | 3.26% | $502,156 | $501,777 | $0 | $-112,524 | -22.43 % |
| 2020 | Earthquake | 0.01% | $32,770 | $54,272 | $0 | $0 | 0.00 % |
| 2020 | Direct Workers Compensation | 0.22% | $6,294,671 | $6,113,581 | $1,030,901 | $1,580,196 | 25.85 % |
| 2020 | Other Liability - Bodily Injury & Property Damage | 0.85% | $16,471,440 | $15,516,643 | $9,149,719 | $3,621,854 | 23.34 % |
| 2020 | Excess Workers Compensation | 0.97% | $1,206,654 | $972,927 | $607,578 | $825,086 | 84.80 % |
| 2020 | Products Liability | 0.92% | $856,890 | $1,065,567 | $50 | $162,529 | 15.25 % |
| 2020 | Total Commercial Automobile | 0.30% | $5,752,082 | $5,802,498 | $6,874,986 | $1,199,461 | 20.67 % |
| 2020 | Commercial Auto Liability Bodily Injury | 0.53% | $5,283,099 | $5,385,018 | $6,174,066 | $2,934,500 | 54.49 % |
| 2020 | Commercial Auto Liability Property Damage | 0.00% | $0 | $0 | $114,508 | $-2,388,938 | N/A |
| 2020 | Commercial Auto Comprehensive | 0.07% | $144,409 | $116,347 | $182,589 | $202,161 | N/A |
| 2020 | Commercial Auto Collision | 0.09% | $324,574 | $301,133 | $403,823 | $451,738 | N/A |
| 2020 | Aircraft | 0.00% | $0 | $0 | $0 | $-418 | N/A |
| 2020 | Fidelity | 0.05% | $29,664 | $21,376 | $0 | $-34,149 | -159.75 % |
| 2020 | Burglary & Theft | 0.00% | $456 | $108 | $0 | $-8,947 | -8,284.26 % |
| 2020 | Boiler & Machinery | 0.01% | $9,917 | $6,642 | $62,407 | $94,932 | N/A |
| 2020 | VSI/Collateral Protection | 0.68% | $89,681 | $94,057 | $3,351 | $41,625 | 44.26 % |
| 2020 | Other Specific | 0.51% | $47,229 | $47,229 | $0 | $-3,416 | -7.23 % |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2022 | Health | 0.01% | 1 | 373 |
| 2021 | Health | 0.02% | 1 | 187 |
| 2020 | Health | 0.03% | 0 | 0 |
Company Changes
Effective Date: 11/01/1999
Comments: Cigna Insurance Co. changed its name to ACE American Insurance Co.
Market Conduct
Date: 10/05/2007
Date: 10/01/2015
Date: 01/29/2016
Date: 11/16/2020
Financial Exams
This company does not have any financial exams.