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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 |
---|---|---|---|---|---|---|---|
2023 | Total Accident & Health | 0.01% | $1,071,611 | $1,145,834 | $327,392 | $332,484 | 29.02 % |
2023 | Total Group Accident & Health | 0.01% | $1,071,611 | $1,145,834 | $327,392 | $332,484 | 29.02 % |
2023 | Group Accident Only | 0.70% | $947,160 | $1,020,443 | $313,437 | $318,312 | 31.19 % |
2023 | Group Limited Benefit | 0.04% | $124,451 | $125,391 | $13,955 | $14,172 | 11.30 % |
2023 | Total Property & Casualty | 0.41% | $65,086,670 | $67,282,990 | $33,023,246 | $21,765,632 | 32.35 % |
2023 | Total Fire & Allied Lines | 0.16% | $1,277,320 | $1,284,032 | $0 | $36,821 | 2.87 % |
2023 | Commercial Fire & Allied Lines | 0.40% | $1,277,320 | $1,284,032 | $0 | $36,821 | 2.87 % |
2023 | Commercial Multi-Peril | 1.01% | $11,215,685 | $12,017,000 | $5,792,039 | $4,344,793 | 36.16 % |
2023 | Ocean Marine | 3.62% | $1,904,091 | $1,795,020 | $356,686 | $313,337 | 17.46 % |
2023 | Inland Marine (Incl Auto Cargo) | 1.15% | $6,398,081 | $6,624,995 | $2,089,722 | $1,418,638 | 21.41 % |
2023 | Total Medical Malpractice | 0.36% | $548,517 | $562,116 | $0 | $215,640 | 38.36 % |
2023 | Medical Malpractice - Physicians & Surgeons | 0.00% | $0 | $0 | $0 | $-31 | N/A |
2023 | Medical Malpractice - Hospitals | 0.01% | $4,144 | $18,552 | $0 | $141,098 | N/A |
2023 | Medical Malpractice - Other | 6.58% | $544,373 | $543,564 | $0 | $74,573 | 13.72 % |
2023 | Earthquake | 0.15% | $216,344 | $283,539 | $0 | $0 | 0.00 % |
2023 | Direct Workers Compensation | 0.91% | $9,739,229 | $9,554,238 | $2,612,580 | $644,855 | 6.75 % |
2023 | Other Liability - Bodily Injury & Property Damage | 2.05% | $19,594,154 | $19,996,156 | $19,383,887 | $-641,970 | -3.21 % |
2023 | Excess Workers Compensation | 6.24% | $1,582,578 | $1,938,149 | $217,595 | $1,043,244 | 53.83 % |
2023 | Products Liability | 2.90% | $1,432,768 | $1,389,502 | $0 | $71,656 | 5.16 % |
2023 | Total Commercial Automobile | 0.92% | $9,470,157 | $10,236,752 | $2,570,119 | $14,160,094 | N/A |
2023 | Commercial Auto Liability Bodily Injury | 1.77% | $9,154,953 | $9,933,542 | $2,528,124 | $13,994,432 | N/A |
2023 | Commercial Auto Liability Property Damage | 0.00% | $0 | $0 | $58,570 | $140,940 | N/A |
2023 | Commercial Auto Comprehensive | 0.10% | $120,795 | $116,790 | $2,843 | $19,301 | 16.53 % |
2023 | Commercial Auto Collision | 0.10% | $194,409 | $186,420 | $-19,418 | $5,421 | 2.91 % |
2023 | Aircraft | 0.00% | $0 | $0 | $0 | $4,101 | N/A |
2023 | Fidelity | 0.35% | $93,332 | $92,812 | $0 | $-28,293 | -30.48 % |
2023 | Burglary & Theft | 0.28% | $21,689 | $20,819 | $0 | $5,423 | 26.05 % |
2023 | Boiler & Machinery | 0.03% | $15,810 | $14,922 | $0 | $3,508 | 23.51 % |
2023 | VSI/Collateral Protection | 11.62% | $1,547,545 | $1,443,568 | $618 | $175,430 | 12.15 % |
2023 | Other Specific | 0.40% | $29,370 | $29,370 | $0 | $-1,645 | -5.60 % |
2022 | Total Accident & Health | 0.01% | $847,606 | $911,376 | $170,812 | $109,591 | 12.02 % |
2022 | Total Group Accident & Health | 0.01% | $847,606 | $911,376 | $170,812 | $109,591 | 12.02 % |
2022 | Group Accident Only | 0.52% | $692,634 | $762,131 | $153,108 | $98,232 | 12.89 % |
2022 | Group Limited Benefit | 0.05% | $154,972 | $149,245 | $17,704 | $11,359 | 7.61 % |
2022 | Total Property & Casualty | 0.46% | $66,572,033 | $64,885,669 | $26,258,414 | $38,272,056 | 58.98 % |
2022 | Total Fire & Allied Lines | 0.29% | $1,373,109 | $1,323,115 | $35,706 | $115,656 | 8.74 % |
2022 | Commercial Fire & Allied Lines | 0.43% | $1,373,109 | $1,323,115 | $35,706 | $115,656 | 8.74 % |
2022 | Commercial Multi-Peril | 1.23% | $12,299,201 | $12,628,661 | $2,712,528 | $3,184,083 | 25.21 % |
2022 | Ocean Marine | 3.66% | $1,792,931 | $1,755,202 | $327,852 | $711,698 | 40.55 % |
2022 | Inland Marine (Incl Auto Cargo) | 1.23% | $6,518,492 | $6,471,922 | $918,249 | $930,089 | 14.37 % |
2022 | Total Medical Malpractice | 0.41% | $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 | 0.06% | $26,169 | $42,042 | $0 | $-126,686 | -301.33 % |
2022 | Medical Malpractice - Other | 4.04% | $535,191 | $531,547 | $25,000 | $33,116 | 6.23 % |
2022 | Earthquake | 0.28% | $383,976 | $145,674 | $0 | $0 | 0.00 % |
2022 | Direct Workers Compensation | 0.84% | $8,686,164 | $8,480,973 | $2,098,141 | $706,926 | 8.34 % |
2022 | Other Liability - Bodily Injury & Property Damage | 2.31% | $19,613,245 | $19,730,888 | $17,486,258 | $25,457,630 | N/A |
2022 | Excess Workers Compensation | 6.21% | $2,247,983 | $1,926,962 | $1,151,497 | $1,749,420 | 90.79 % |
2022 | Products Liability | 2.78% | $1,226,659 | $1,149,136 | $0 | $256,548 | 22.33 % |
2022 | Total Commercial Automobile | 1.12% | $10,952,735 | $10,093,149 | $1,482,992 | $5,404,279 | 53.54 % |
2022 | Commercial Auto Liability Bodily Injury | 2.24% | $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 | 0.08% | $102,189 | $100,073 | $22,767 | $29,373 | 29.35 % |
2022 | Commercial Auto Collision | 0.08% | $138,656 | $140,862 | $148,827 | $145,437 | N/A |
2022 | Fidelity | 0.37% | $97,899 | $97,273 | $19,191 | $49,214 | 50.59 % |
2022 | Burglary & Theft | 0.16% | $11,864 | $11,187 | $0 | $4,012 | 35.86 % |
2022 | Boiler & Machinery | 0.03% | $13,355 | $10,596 | $0 | $679 | 6.41 % |
2022 | VSI/Collateral Protection | 7.43% | $758,921 | $453,203 | $1,000 | $-199,606 | -44.04 % |
2022 | Other Specific | 0.47% | $34,139 | $34,139 | $0 | $-5,004 | -14.66 % |
2021 | Total Accident & Health | 0.01% | $1,076,566 | $955,065 | $235,233 | $30,131 | 3.15 % |
2021 | Total Group Accident & Health | 0.01% | $1,076,566 | $955,065 | $235,233 | $30,131 | 3.15 % |
2021 | Group Accident Only | 0.76% | $920,600 | $793,485 | $208,080 | $29,136 | 3.67 % |
2021 | Group Limited Benefit | 0.06% | $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 | 0.45% | $60,338,026 | $56,815,019 | $13,202,142 | $8,683,541 | 15.28 % |
2021 | Total Fire & Allied Lines | 0.20% | $1,301,980 | $964,618 | $0 | $-40,869 | -4.24 % |
2021 | Commercial Fire & Allied Lines | 0.39% | $1,301,980 | $964,618 | $0 | $-40,869 | -4.24 % |
2021 | Commercial Multi-Peril | 1.32% | $12,172,770 | $11,612,346 | $3,367,079 | $7,224,970 | 62.22 % |
2021 | Ocean Marine | 4.26% | $1,851,779 | $1,809,475 | $96,700 | $254,932 | 14.09 % |
2021 | Inland Marine (Incl Auto Cargo) | 1.23% | $5,777,742 | $5,069,798 | $1,491,563 | $1,517,915 | 29.94 % |
2021 | Total Medical Malpractice | 0.45% | $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 | 0.13% | $54,091 | $32,325 | $0 | $-29,376 | -90.88 % |
2021 | Medical Malpractice - Other | 7.06% | $543,179 | $542,782 | $0 | $-119,432 | -22.00 % |
2021 | Earthquake | 0.06% | $78,962 | $78,054 | $0 | $0 | 0.00 % |
2021 | Direct Workers Compensation | 0.73% | $7,066,028 | $7,000,430 | $2,931,972 | $1,812,739 | 25.89 % |
2021 | Other Liability - Bodily Injury & Property Damage | 2.50% | $20,278,756 | $19,090,350 | $3,492,902 | $-4,332,640 | -22.70 % |
2021 | Excess Workers Compensation | 3.39% | $1,243,798 | $1,268,783 | $47,909 | $1,594,241 | N/A |
2021 | Products Liability | 2.28% | $930,818 | $1,081,634 | $75,262 | $247,518 | 22.88 % |
2021 | Total Commercial Automobile | 0.94% | $8,527,239 | $8,079,211 | $1,698,755 | $591,165 | 7.32 % |
2021 | Commercial Auto Liability Bodily Injury | 1.80% | $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 | 0.09% | $93,235 | $102,315 | $19,988 | $17,191 | 16.80 % |
2021 | Commercial Auto Collision | 0.09% | $161,782 | $163,157 | $81,807 | $24,327 | 14.91 % |
2021 | Aircraft | 0.00% | $0 | $0 | $0 | $-8 | N/A |
2021 | Fidelity | 0.14% | $35,532 | $32,615 | $0 | $-14,459 | -44.33 % |
2021 | Burglary & Theft | 0.13% | $8,563 | $7,202 | $0 | $-1,134 | -15.75 % |
2021 | Boiler & Machinery | 0.02% | $5,653 | $10,047 | $0 | $-32,202 | -320.51 % |
2021 | VSI/Collateral Protection | 4.79% | $420,715 | $94,928 | $0 | $634 | 0.67 % |
2021 | Other Specific | 0.42% | $40,421 | $40,421 | $0 | $9,634 | 23.83 % |
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 |
---|---|---|---|---|
2023 | Health | 0.01% | 1 | 517 |
2022 | Health | 0.01% | 1 | 373 |
2021 | Health | 0.02% | 1 | 187 |
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.