ACE AMERICAN INSURANCE COMPANY

Company Details

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:

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 0.7% $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 11.3%
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 0.4% $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% $0 $0 $0 $-31 0%
2023 Medical Malpractice - Hospitals 0.01% $4,144 $18,552 $0 $141,098 760.55%
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%
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 2.9% $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 $14,160,094 138.33%
2023 Commercial Auto Liability Bodily Injury 1.77% $9,154,953 $9,933,542 $2,528,124 $13,994,432 140.88%
2023 Commercial Auto Liability Property Damage 0% $0 $0 $58,570 $140,940 0%
2023 Commercial Auto Comprehensive 0.1% $120,795 $116,790 $2,843 $19,301 16.53%
2023 Commercial Auto Collision 0.1% $194,409 $186,420 $-19,418 $5,421 2.91%
2023 Aircraft 0% $0 $0 $0 $4,101 0%
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 0.4% $29,370 $29,370 $0 $-1,645 -5.6%
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% $0 $0 $0 $2 0%
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%
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 $25,457,630 129.02%
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% $0 $0 $50,510 $97,488 0%
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 $145,437 103.25%
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% $0 $0 $-447 $0 0%
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 0.2% $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% $0 $0 $0 $-87 0%
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%
2021 Earthquake 0.06% $78,962 $78,054 $0 $0 0%
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 2.5% $20,278,756 $19,090,350 $3,492,902 $-4,332,640 -22.7%
2021 Excess Workers Compensation 3.39% $1,243,798 $1,268,783 $47,909 $1,594,241 125.65%
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 1.8% $8,272,222 $7,813,739 $1,579,609 $520,641 6.66%
2021 Commercial Auto Liability Property Damage 0% $0 $0 $17,351 $29,006 0%
2021 Commercial Auto Comprehensive 0.09% $93,235 $102,315 $19,988 $17,191 16.8%
2021 Commercial Auto Collision 0.09% $161,782 $163,157 $81,807 $24,327 14.91%
2021 Aircraft 0% $0 $0 $0 $-8 0%
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%

Complaint Index

Link to Consumer Complaint Index Page
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:
Comments:

Cigna Insurance Co. changed its name to ACE American Insurance Co.

Market Regulation Actions

Date:
Date:
Date:
Date:

Financial Exams

This company does not have any financial exams.