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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 | 0.29% | $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 | 3.41% | $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 | 0.73% | $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 | 0.29% | $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 | 0.02% | $6,924 | $8,337 | $0 | $112,339 | N/A |
| 2019 | Medical Malpractice - Other | 3.61% | $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 | 0.72% | $99,018 | $66,259 | $7,970 | $7,634 | 11.52 % |
| 2019 | Other Specific | 0.59% | $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.
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
Date: 10/01/2015
Date: 01/29/2016
Date: 11/16/2020
Financial Exams
This company does not have any financial exams.