ACE American Ins Co
Major Rating Factors:
Fair overall results on stability tests (3.4 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 9.0% of capital. Good liquidity (6.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Strong long-term capitalization index (7.1) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Ample reserve history (7.0) that can protect against increases in claims costs. Excellent profitability index (8.8).
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (13.2%), comm multi (10.3%), personal/comm auto (6.7%), work comp (6.5%), fire (3.2%), product liab. (1.7%), fin guar/surety (1.7%), med mal (0.8%), farmowners (0.3%), other (55.6%)
Licensed in:
All states and PR, VI
Principal Investments:
Investment grade bonds (78.2%), common stock (8.0%), non investment grade bonds (7.0%), real estate (0.1%), other (6.7%)
Corporate Info
Group Affiliation
Chubb Limited
Investment Rating
Company Address
436 Walnut Street
Philadelphia, PA 19106
Philadelphia, PA 19106
Phone Number
(215) 640-1000
NAIC Number
22667
Website
Largest Affiliates