American International Group Captive Insurers — Reinsurance recoverable (as a percent) remained flat by 0.0% to 87.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.7%, from 80.0% to 87.0%. Over 4 years (FY 2021 to FY 2025), Captive Insurers — Reinsurance recoverable (as a percent) shows an upward trend with a 3.7% CAGR.
An increase suggests higher risk transfer to reinsurers, potentially reducing net exposure but increasing counterparty credit risk. A decrease suggests the captive is retaining more underwriting risk on its own balance sheet.
This metric represents the proportion of total liabilities or claims reserves within the captive insurance segment that...
Peers in the insurance industry often report reinsurance recoverables as a percentage of total reserves to demonstrate risk management efficacy and capital efficiency.
aig_segment_captive_insurers_reinsurance_recoverable_as_a_percent| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 70% | 74% | 71% | 71% | 72% | 73% | 77% | 77% | 85% | 83% | 83% | 82% | 78% | 81% | 81% | 80% | 80% | 86% | 87% | 87% |
| QoQ Change | — | +5.7% | -4.1% | +0.0% | +1.4% | +1.4% | +5.5% | +0.0% | +10.4% | -2.4% | +0.0% | -1.2% | -4.9% | +3.8% | +0.0% | -1.2% | +0.0% | +7.5% | +1.2% | +0.0% |
| YoY Change | — | — | — | — | +2.9% | -1.4% | +8.5% | +8.5% | +18.1% | +13.7% | +7.8% | +6.5% | -8.2% | -2.4% | -2.4% | -2.4% | +2.6% | +6.2% | +7.4% | +8.7% |