Company Details

  ACE AMERICAN INSURANCE COMPANY License Status :
Active

NAIC Number :

22667


Phone Number:

215-640-5259


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
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 0.17% $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 0.48% $10,515,814 $8,985,309 $2,652,583 $6,478,209 72.10 %
2020 Ocean Marine 1.31% $1,803,253 $1,531,966 $47,675 $-26,352 -1.72 %
2020 Inland Marine (Incl Auto Cargo) 0.39% $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 0.86% $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 0.54% $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 0.52% $47,229 $47,229 $0 $-3,416 -7.23 %
2019 Total Accident & Health 0.00% $3,160,121 $3,391,025 $1,279,196 $1,533,550 45.22 %
2019 Total Individual Accident & Health 0.00% $1,202 $1,202 $0 $-726 -60.40 %
2019 Individual Accident Only 0.00% $1,202 $1,202 $0 $-726 -60.40 %
2019 Total Group Accident & Health 0.01% $3,158,919 $3,389,823 $1,279,196 $1,534,276 45.26 %
2019 Group Accident Only 0.32% $1,185,079 $1,301,670 $335,720 $403,201 30.98 %
2019 Group Disability Income 0.00% $0 $62,369 $0 $0 0.00 %
2019 Group Dental 0.00% $5,261 $5,261 $0 $0 0.00 %
2019 Group Limited Benefit 0.03% $225,632 $277,576 $37,232 $44,634 16.08 %
2019 Group Stop Loss 0.07% $1,742,947 $1,742,947 $906,244 $1,086,441 62.33 %
2019 Total Property & Casualty 0.15% $43,524,739 $40,296,152 $23,107,382 $27,948,110 69.36 %
2019 Total Fire & Allied Lines 0.04% $430,454 $304,791 $0 $-104,239 -34.20 %
2019 Commercial Fire & Allied Lines 0.11% $430,454 $304,791 $0 $-104,239 -34.20 %
2019 Commercial Multi-Peril 0.38% $7,764,988 $6,965,708 $2,789,548 $781,088 11.21 %
2019 Ocean Marine 0.90% $1,105,916 $958,655 $-5,413 $45,261 4.72 %
2019 Inland Marine (Incl Auto Cargo) 0.16% $1,987,868 $2,204,885 $933,986 $1,165,973 52.88 %
2019 Total Medical Malpractice 0.23% $494,223 $501,492 $0 $-199,135 -39.71 %
2019 Medical Malpractice - Physicians & Surgeons 0.00% $0 $0 $0 $-1,692 N/A
2019 Medical Malpractice - Hospitals 0.01% $6,924 $8,337 $0 $112,339 N/A
2019 Medical Malpractice - Other 3.47% $487,299 $493,155 $0 $-309,782 -62.82 %
2019 Earthquake 0.01% $26,720 $77,102 $0 $0 0.00 %
2019 Direct Workers Compensation 0.18% $5,313,800 $5,222,868 $422,696 $-956,087 -18.31 %
2019 Other Liability - Bodily Injury & Property Damage 0.98% $18,343,199 $16,865,631 $9,857,385 $7,371,787 43.71 %
2019 Excess Workers Compensation 1.07% $1,303,774 $1,238,590 $1,486,396 $4,095,148 N/A
2019 Products Liability 1.24% $1,151,473 $501,675 $120,000 $154,133 30.72 %
2019 Total Commercial Automobile 0.31% $5,421,250 $5,296,921 $7,492,588 $15,644,277 N/A
2019 Commercial Auto Liability Bodily Injury 0.56% $5,095,758 $4,918,519 $7,037,859 $12,707,953 N/A
2019 Commercial Auto Liability Property Damage 0.00% $0 $0 $24,996 $2,577,954 N/A
2019 Commercial Auto Comprehensive 0.02% $34,881 $51,090 $-4,997 $-29,510 -57.76 %
2019 Commercial Auto Collision 0.10% $290,611 $327,312 $434,730 $387,880 N/A
2019 Aircraft 0.00% $0 $0 $0 $-809 N/A
2019 Fidelity 0.03% $17,105 $24,354 $0 $-42,099 -172.86 %
2019 Burglary & Theft 0.00% $191 $1,978 $0 $-3,901 -197.22 %
2019 Boiler & Machinery 0.01% $6,533 $7,016 $0 $-4,373 -62.33 %
2019 VSI/Collateral Protection 0.69% $99,018 $66,259 $7,970 $7,634 11.52 %
2019 Other Specific 0.55% $58,227 $58,227 $2,226 $-6,548 -11.25 %

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2021 Health 0.02% 1 187
2020 Health 0.03% 0 0
2019 Health 0.04% 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

ace_order.pdf

Date: 10/01/2015

ACE.pdf

Date: 01/29/2016

ACEA.pdf

Date: 11/16/2020

AAIC1120.pdf


Financial Exams

This company does not have any financial exams.