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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
2021 Total Accident & Health 0.00% $1,076,566 $955,065 $235,233 $30,131 3.15 %
2021 Total Group Accident & Health 0.00% $1,076,566 $955,065 $235,233 $30,131 3.15 %
2021 Group Accident Only 0.25% $920,600 $793,485 $208,080 $29,136 3.67 %
2021 Group Limited Benefit 0.02% $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 0.18% $60,338,026 $56,815,019 $13,202,142 $8,683,541 15.28 %
2021 Total Fire & Allied Lines 0.09% $1,301,980 $964,618 $0 $-40,869 -4.24 %
2021 Commercial Fire & Allied Lines 0.22% $1,301,980 $964,618 $0 $-40,869 -4.24 %
2021 Commercial Multi-Peril 0.50% $12,172,770 $11,612,346 $3,367,079 $7,224,970 62.22 %
2021 Ocean Marine 1.33% $1,851,779 $1,809,475 $96,700 $254,932 14.09 %
2021 Inland Marine (Incl Auto Cargo) 0.41% $5,777,742 $5,069,798 $1,491,563 $1,517,915 29.94 %
2021 Total Medical Malpractice 0.25% $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 0.07% $54,091 $32,325 $0 $-29,376 -90.88 %
2021 Medical Malpractice - Other 3.67% $543,179 $542,782 $0 $-119,432 -22.00 %
2021 Earthquake 0.02% $78,962 $78,054 $0 $0 0.00 %
2021 Direct Workers Compensation 0.23% $7,066,028 $7,000,430 $2,931,972 $1,812,739 25.89 %
2021 Other Liability - Bodily Injury & Property Damage 0.92% $20,278,756 $19,090,350 $3,492,902 $-4,332,640 -22.70 %
2021 Excess Workers Compensation 0.97% $1,243,798 $1,268,783 $47,909 $1,594,241 N/A
2021 Products Liability 0.86% $930,818 $1,081,634 $75,262 $247,518 22.88 %
2021 Total Commercial Automobile 0.39% $8,527,239 $8,079,211 $1,698,755 $591,165 7.32 %
2021 Commercial Auto Liability Bodily Injury 0.73% $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 0.04% $93,235 $102,315 $19,988 $17,191 16.80 %
2021 Commercial Auto Collision 0.04% $161,782 $163,157 $81,807 $24,327 14.91 %
2021 Aircraft 0.00% $0 $0 $0 $-8 N/A
2021 Fidelity 0.05% $35,532 $32,615 $0 $-14,459 -44.33 %
2021 Burglary & Theft 0.04% $8,563 $7,202 $0 $-1,134 -15.75 %
2021 Boiler & Machinery 0.01% $5,653 $10,047 $0 $-32,202 -320.51 %
2021 VSI/Collateral Protection 3.03% $420,715 $94,928 $0 $634 0.67 %
2021 Other Specific 0.35% $40,421 $40,421 $0 $9,634 23.83 %
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 0.16% $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) 0.37% $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 %

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


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.