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
2018 Total Accident & Health 0.00% $4,546,462 $4,350,073 $3,683,059 $940,829 21.63 %
2018 Total Individual Accident & Health 0.00% $1,512 $1,512 $0 $-366 -24.21 %
2018 Individual Accident Only 0.00% $1,512 $1,512 $0 $-366 -24.21 %
2018 Total Group Accident & Health 0.01% $4,544,950 $4,348,561 $3,683,059 $941,195 21.64 %
2018 Group Accident Only 0.24% $1,456,165 $1,230,208 $127,450 $32,924 2.68 %
2018 Group Disability Income 0.07% $748,961 $781,792 $1,769,153 $451,926 57.81 %
2018 Group Dental 0.00% $6,985 $6,985 $0 $0 0.00 %
2018 Group Limited Benefit 0.03% $333,750 $330,487 $165,526 $42,283 12.79 %
2018 Group Stop Loss 0.06% $1,999,089 $1,999,089 $1,620,930 $414,062 20.71 %
2018 Total Property & Casualty 0.08% $36,684,013 $36,966,166 $23,863,835 $17,784,806 48.11 %
2018 Total Fire & Allied Lines 0.01% $197,324 $192,092 $7,215 $46,064 23.98 %
2018 Commercial Fire & Allied Lines 0.03% $197,324 $192,092 $7,215 $46,064 23.98 %
2018 Commercial Multi-Peril 0.17% $5,955,005 $5,862,032 $3,613,599 $4,165,475 71.06 %
2018 Ocean Marine 0.43% $813,826 $992,331 $859,466 $906,899 91.39 %
2018 Inland Marine (Incl Auto Cargo) 0.13% $2,960,074 $1,790,336 $1,096,743 $777,817 43.45 %
2018 Total Medical Malpractice 0.18% $502,372 $471,266 $360,000 $31,312 6.64 %
2018 Medical Malpractice - Physicians & Surgeons 0.00% $0 $0 $0 $-3,005 N/A
2018 Medical Malpractice - Hospitals 0.02% $9,989 $-24,057 $0 $-35,270 N/A
2018 Medical Malpractice - Other 1.98% $492,383 $495,323 $360,000 $69,587 14.05 %
2018 Earthquake 0.04% $188,863 $78,104 $0 $0 0.00 %
2018 Direct Workers Compensation 0.12% $5,921,140 $5,801,273 $901,934 $1,450,036 25.00 %
2018 Other Liability - Bodily Injury & Property Damage 0.34% $10,877,485 $15,168,507 $14,029,587 $5,481,551 36.14 %
2018 Excess Workers Compensation 0.19% $371,516 $1,030,218 $236,484 $4,978,713 N/A
2018 Products Liability 0.05% $82,660 $78,977 $50,238 $-169,527 -214.65 %
2018 Total Commercial Automobile 0.30% $8,633,776 $5,281,322 $2,704,217 $66,443 1.26 %
2018 Commercial Auto Liability Bodily Injury 0.55% $8,009,629 $4,660,192 $2,312,034 $-221,511 -4.75 %
2018 Commercial Auto Comprehensive 0.05% $169,475 $168,990 $-953 $8,411 4.98 %
2018 Commercial Auto Collision 0.09% $454,672 $452,140 $393,136 $279,543 61.83 %
2018 Fidelity 0.03% $35,123 $70,980 $0 $22,287 31.40 %
2018 Burglary & Theft 0.02% $5,916 $9,956 $0 $-3,174 -31.88 %
2018 Boiler & Machinery 0.01% $6,585 $6,424 $0 $3,665 57.05 %
2018 VSI/Collateral Protection 0.21% $60,252 $60,252 $4,352 $14,342 23.80 %
2018 Other Specific 0.48% $72,096 $72,096 $0 $12,903 17.90 %
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 0.27% $871,293 $863,775 $126,866 $301,685 34.93 %
2017 Group Disability Income 0.24% $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 0.11% $1,633,280 $1,633,280 $560,359 $1,329,633 81.41 %
2017 Total Property & Casualty 0.34% $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 1.24% $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 0.26% $6,352,251 $6,435,209 $689,349 $-193,422 -3.01 %
2017 Other Liability - Bodily Injury & Property Damage 3.67% $62,887,929 $62,672,195 $12,545,698 $45,728,420 72.96 %
2017 Excess Workers Compensation 2.55% $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 -0.16% $-2,191,859 $3,339,571 $5,103,979 $4,631,969 N/A
2017 Commercial Auto Liability Bodily Injury -0.40% $-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 0.14% $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 0.44% $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 0.33% $983,372 $910,073 $262,001 $312,920 34.38 %
2016 Group Disability Income 1.03% $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 0.23% $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 0.32% $5,856,355 $5,712,198 $2,541,072 $4,930,898 86.32 %
2016 Ocean Marine 0.97% $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 3.73% $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 0.29% $7,176,092 $7,028,921 $1,396,053 $-797,587 -11.35 %
2016 Other Liability - Bodily Injury & Property Damage 1.70% $23,270,737 $23,292,417 $17,488,052 $22,127,682 95.00 %
2016 Excess Workers Compensation 3.11% $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 0.55% $7,310,220 $4,723,314 $2,792,736 $3,596,204 76.14 %
2016 Commercial Auto Liability Bodily Injury 1.02% $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 0.38% $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 0.52% $96,820 $96,820 $5,695 $8,413 8.69 %
2016 Other Specific 2.21% $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
2018 Health 0.06% 0 0
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.