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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.

Link to Enforcements Page


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

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.