Company Details

  ACE AMERICAN INSURANCE COMPANY License Status :
Active

NAIC Number :

22667


Phone Number:

2156401000


Company Address:

PO BOX 1000 436 WALNUT STREET
PHILADELPHIA, PA  19106

Description:

Property and Casualty


License Number:

B7503550


Date Admitted:

1970-10-14


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Earned Direct Premium Written Direct Losses Paid Direct Losses Incurred Loss Ratio
2017 Total Accident & Health 0.01% $4,134,433 $7,790,515 $693,477 $1,645,495 21.12 %
2017 Total Individual Accident & Health 0.00% $2,576 $2,576 $0 $-655 -25.43 %
2017 Individual Accident Only 0.00% $2,576 $2,576 $0 $-655 -25.43 %
2017 Total Group Accident & Health 0.01% $4,131,857 $7,787,939 $693,477 $1,646,150 21.14 %
2017 Group Accident Only 0.30% $871,293 $863,775 $126,866 $301,685 34.93 %
2017 Group Disability Income 0.25% $1,304,670 $4,970,316 $0 $0 0.00 %
2017 Group Dental 0.00% $3,300 $3,300 $0 $0 0.00 %
2017 Group Limited Benefit 0.07% $319,314 $317,268 $6,252 $14,832 4.67 %
2017 Group Stop Loss 0.12% $1,633,280 $1,633,280 $560,359 $1,329,633 81.41 %
2017 Total Property & Casualty 0.35% $78,898,518 $85,756,412 $27,115,804 $58,856,206 68.63 %
2017 Total Fire & Allied Lines 0.02% $183,455 $197,316 $1,349 $-4,534 -2.30 %
2017 Commercial Fire & Allied Lines 0.07% $183,455 $197,316 $1,349 $-4,534 -2.30 %
2017 Commercial Multi-Peril 0.31% $5,538,096 $5,687,710 $3,392,931 $2,322,358 40.83 %
2017 Ocean Marine 1.26% $1,156,356 $1,111,535 $538,352 $60,225 5.42 %
2017 Inland Marine (Incl Auto Cargo) 0.12% $1,301,772 $1,352,865 $2,686,524 $2,590,331 N/A
2017 Total Medical Malpractice 0.31% $508,114 $1,168,444 $480,000 $779,913 66.75 %
2017 Medical Malpractice - Physicians & Surgeons 0.00% $0 $1,286 $0 $-744 -57.85 %
2017 Medical Malpractice - Hospitals 0.00% $854 $586,744 $0 $371,689 63.35 %
2017 Medical Malpractice - Other 4.35% $507,260 $580,414 $480,000 $408,968 70.46 %
2017 Earthquake 0.03% $53,569 $141,556 $0 $0 0.00 %
2017 Direct Workers Compensation 0.28% $6,352,251 $6,435,209 $689,349 $-193,422 -3.01 %
2017 Other Liability - Bodily Injury & Property Damage 3.81% $62,887,929 $62,672,195 $12,545,698 $45,728,420 72.96 %
2017 Excess Workers Compensation 2.56% $2,728,265 $3,268,786 $193,978 $1,296,470 39.66 %
2017 Products Liability 0.14% $115,986 $131,089 $1,481,250 $1,639,547 N/A
2017 Total Commercial Automobile -0.17% $-2,191,859 $3,339,571 $5,103,979 $4,631,969 N/A
2017 Commercial Auto Liability Bodily Injury -0.41% $-2,682,212 $2,861,902 $3,705,530 $3,197,221 N/A
2017 Commercial Auto Comprehensive 0.09% $141,502 $138,411 $251,585 $244,814 N/A
2017 Commercial Auto Collision 0.15% $348,851 $339,258 $1,146,864 $1,189,934 N/A
2017 Aircraft -0.03% $-21,734 $-21,734 $0 $-2,411 11.09 %
2017 Fidelity 0.13% $80,461 $66,617 $0 $22,010 33.04 %
2017 Burglary & Theft 0.08% $13,106 $12,933 $0 $1,419 10.97 %
2017 Boiler & Machinery 0.02% $8,063 $7,632 $0 $734 9.62 %
2017 VSI/Collateral Protection 0.46% $76,034 $76,034 $500 $-6,786 -8.92 %
2017 Other Specific 1.24% $108,654 $108,654 $1,894 $-10,037 -9.24 %
2016 Total Accident & Health 0.01% $8,069,764 $7,229,530 $6,701,053 $5,805,596 80.30 %
2016 Total Individual Accident & Health 0.00% $3,672 $3,672 $0 $-31 -0.84 %
2016 Individual Accident Only 0.00% $3,672 $3,672 $0 $-31 -0.84 %
2016 Total Group Accident & Health 0.02% $8,066,092 $7,225,858 $6,701,053 $5,805,627 80.35 %
2016 Group Accident Only 0.37% $983,372 $910,073 $262,001 $312,920 34.38 %
2016 Group Disability Income 1.06% $5,478,783 $4,733,437 $5,671,161 $4,575,675 96.67 %
2016 Group Limited Benefit 0.09% $376,483 $354,894 $1,500 $1,791 0.50 %
2016 Group Stop Loss 0.10% $1,227,454 $1,227,454 $766,391 $915,241 74.56 %
2016 Total Property & Casualty 0.24% $51,015,189 $51,064,527 $27,567,716 $36,223,536 70.94 %
2016 Total Fire & Allied Lines 0.03% $256,230 $249,967 $6,288 $15,724 6.29 %
2016 Commercial Fire & Allied Lines 0.10% $256,230 $249,967 $6,288 $15,724 6.29 %
2016 Total Homeowners -0.02% $-667,592 $0 $0 $0 N/A
2016 Homeowners Multi-Peril -0.02% $-667,592 $0 $0 $0 N/A
2016 Commercial Multi-Peril 0.33% $5,856,355 $5,712,198 $2,541,072 $4,930,898 86.32 %
2016 Ocean Marine 0.98% $977,125 $913,222 $405,478 $924,336 N/A
2016 Inland Marine (Incl Auto Cargo) 0.10% $1,067,111 $1,736,246 $2,719,584 $2,942,570 N/A
2016 Total Medical Malpractice 1.04% $1,849,486 $1,370,635 $17,000 $167,508 12.22 %
2016 Medical Malpractice - Physicians & Surgeons 0.00% $3,611 $6,143 $0 $602 9.80 %
2016 Medical Malpractice - Hospitals 3.74% $1,204,877 $618,987 $0 $220,050 35.55 %
2016 Medical Malpractice - Other 5.18% $640,998 $745,505 $17,000 $-53,144 -7.13 %
2016 Earthquake 0.07% $134,762 $239,485 $0 $0 0.00 %
2016 Direct Workers Compensation 0.32% $7,176,092 $7,028,921 $1,396,053 $-797,587 -11.35 %
2016 Other Liability - Bodily Injury & Property Damage 1.76% $23,270,737 $23,292,417 $17,488,052 $22,127,682 95.00 %
2016 Excess Workers Compensation 3.12% $3,235,024 $5,064,613 $173,216 $2,397,769 47.34 %
2016 Products Liability 0.15% $117,406 $120,372 $0 $-110,049 -91.42 %
2016 Total Private Passenger Automobile -0.00% $-197,126 $0 $0 $0 N/A
2016 Private Passenger Auto Liability Bodily Injury -0.01% $-97,083 $0 $0 $0 N/A
2016 Private Passenger Auto Collision -0.01% $-100,043 $0 $0 $0 N/A
2016 Total Commercial Automobile 0.57% $7,310,220 $4,723,314 $2,792,736 $3,596,204 76.14 %
2016 Commercial Auto Liability Bodily Injury 1.05% $6,873,794 $4,330,049 $2,209,887 $3,060,807 70.69 %
2016 Commercial Auto Liability Property Damage 0.00% $0 $-1 $23,182 $15,490 -1,549,000.00 %
2016 Commercial Auto Comprehensive 0.08% $118,407 $104,797 $110,283 $59,913 57.17 %
2016 Commercial Auto Collision 0.14% $318,019 $288,469 $449,384 $459,994 N/A
2016 Aircraft 0.40% $297,936 $297,936 $0 $2,055 0.69 %
2016 Fidelity 0.08% $50,347 $35,155 $0 $-16,867 -47.98 %
2016 Burglary & Theft 0.10% $13,659 $12,962 $0 $7,723 59.58 %
2016 Boiler & Machinery 0.01% $5,646 $5,313 $0 $-173 -3.26 %
2016 VSI/Collateral Protection 0.55% $96,820 $96,820 $5,695 $8,413 8.69 %
2016 Other Specific 2.26% $164,951 $164,951 $22,542 $27,330 16.57 %

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
2017 Health 0.07% 1 30
2016 Health 0.10% 1 20


Company Changes

Effective Date: 11/01/1999

Comments: Cigna Insurance Co. changed its name to ACE American Insurance Co.

Effective Date: 10/05/2007

Comments:

Effective Date: 10/01/2015

Comments:

Effective Date: 01/29/2016

Comments:


Market Conduct

Date: 10/05/2007

ace_order.pdf

Date: 10/01/2015

ACE.pdf

Date: 01/29/2016

ACEA.pdf


Financial Exams

This company does not have any financial exams.