Company Details

  MITSUI SUMITOMO INSURANCE COMPANY OF AMERICA License Status :
Active

NAIC Number :

20362


Phone Number:

908-604-2833


Company Address:

ATTN: JOANN ZUMMO 15 INDEPENDENCE BOULEVARD
WARREN, NJ  07059-0602

Description:

Property and Casualty


License Number:

B424247


Date Admitted:

1983-12-02


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 Property & Casualty 0.01% $3,477,624 $3,127,510 $220,494 $1,115,956 35.68 %
2020 Total Fire & Allied Lines 0.03% $395,514 $335,463 $0 $215,311 64.18 %
2020 Commercial Fire & Allied Lines 0.08% $395,514 $335,463 $0 $215,311 64.18 %
2020 Commercial Multi-Peril 0.03% $724,290 $656,651 $12,250 $51,926 7.91 %
2020 Inland Marine (Incl Auto Cargo) 0.08% $915,806 $487,197 $12,084 $53,328 10.95 %
2020 Direct Workers Compensation 0.04% $1,069,377 $1,128,053 $175,953 $375,101 33.25 %
2020 Other Liability - Bodily Injury & Property Damage 0.01% $147,218 $285,269 $0 $313,048 N/A
2020 Products Liability 0.00% $2,270 $2,520 $0 $1,734 68.81 %
2020 Total Commercial Automobile 0.01% $229,201 $195,388 $1,207 $131,144 67.12 %
2020 Commercial Auto Liability Bodily Injury 0.02% $162,613 $121,417 $0 $45,672 37.62 %
2020 Commercial Auto Liability Property Damage 0.00% $0 $0 $0 $34,254 N/A
2020 Commercial Auto Medical Payments 0.02% $3,627 $5,142 $0 $11,418 N/A
2020 Commercial Auto Uninsured Motorists 0.02% $14,685 $12,950 $0 $22,836 N/A
2020 Commercial Auto Comprehensive 0.01% $16,227 $19,872 $936 $5,937 29.88 %
2020 Commercial Auto Collision 0.01% $32,049 $36,007 $271 $11,027 30.62 %
2020 Aircraft -0.01% $-6,052 $36,969 $19,000 $-25,636 -69.34 %
2019 Total Property & Casualty 0.01% $3,091,421 $3,088,069 $280,678 $407,029 13.18 %
2019 Total Fire & Allied Lines 0.03% $348,898 $343,572 $0 $45,051 13.11 %
2019 Commercial Fire & Allied Lines 0.09% $348,898 $343,572 $0 $45,051 13.11 %
2019 Commercial Multi-Peril 0.03% $594,696 $594,281 $0 $1,589 0.27 %
2019 Ocean Marine 0.00% $0 $0 $0 $-502 N/A
2019 Inland Marine (Incl Auto Cargo) 0.03% $336,465 $66,895 $814 $1,084 1.62 %
2019 Direct Workers Compensation 0.04% $1,119,122 $1,455,229 $201,538 $275,715 18.95 %
2019 Other Liability - Bodily Injury & Property Damage 0.02% $353,981 $212,028 $0 $19,560 9.23 %
2019 Products Liability 0.00% $2,493 $1,683 $0 $-4,872 -289.48 %
2019 Total Commercial Automobile 0.01% $168,261 $162,250 $10,400 $-2,918 -1.80 %
2019 Commercial Auto Liability Bodily Injury 0.01% $88,149 $86,427 $3,130 $1,320 1.53 %
2019 Commercial Auto Liability Property Damage 0.00% $0 $0 $0 $990 N/A
2019 Commercial Auto Medical Payments 0.03% $6,541 $6,355 $0 $330 5.19 %
2019 Commercial Auto Uninsured Motorists 0.02% $9,932 $9,439 $0 $660 6.99 %
2019 Commercial Auto Comprehensive 0.01% $23,046 $21,246 $139 $-2,176 -10.24 %
2019 Commercial Auto Collision 0.01% $40,593 $38,783 $7,131 $-4,042 -10.42 %
2019 Aircraft 0.20% $167,505 $252,131 $67,926 $72,322 28.68 %

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 Homeowners 0.01% 0 0


Company Changes

Effective Date: 08/01/2003

Comments: Sumitomo Marine & Fire Insurance Co. of America changed its name to Mitsui Sumitom Insurance Co. of America.


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.