ACE American Ins Co
Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 7.7% of capital. Good liquidity (5.9) 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), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (7.0) that can protect against increases in claims costs. Excellent profitability index (8.6).
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Homeowners (12.9%), comm multi (10.6%), work comp (6.8%), personal/comm auto (6.6%), fire (3.6%), product liab. (1.7%), fin guar/surety (1.6%), med mal (0.9%), farmowners (0.3%), other (54.9%)
Licensed in:
All states and PR, VI
Principal Investments:
Investment grade bonds (77.5%), non investment grade bonds (8.0%), common stock (7.8%), real estate (0.2%), other (6.6%)
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