Business Segments · Ceded Premiums Earned
General Insurance — Ceded Premiums Earned
American International Group General Insurance — Ceded Premiums Earned remained flat by 0.0% to $3.07B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.3%, from $3.11B to $3.07B. Over 2 years (FY 2021 to FY 2023), General Insurance — Ceded Premiums Earned shows relatively stable performance with a 4.2% CAGR.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2023Feb 14, 2024
Rolls up toCeded Premiums Earned
How to read this metric
An increase indicates a more conservative risk management strategy, while a decrease suggests the company is retaining more risk on its own books.
Detailed definition
This represents the portion of premiums that the insurer has paid to reinsurers to transfer a portion of its risk. It re...
Peer comparison
Standard 'Ceded Premiums' metric used by all insurers to report reinsurance activity.
Metric ID:
aig_segment_general_insurance_ceded_premiums_earnedHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $11.30B | $12.43B | $12.27B |
| YoY Change | — | +9.9% | -1.3% |
Range$11.30B – $12.43B
CAGR+4.2%
Avg YoY Growth+4.3%
Median YoY Growth+4.3%
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Frequently Asked Questions
- What is American International Group's general insurance — ceded premiums earned?
- American International Group (AIG) reported general insurance — ceded premiums earned of $3.07B in Q4 2023.
- How has American International Group's general insurance — ceded premiums earned changed year-over-year?
- American International Group's general insurance — ceded premiums earned decreased by 1.3% year-over-year, from $3.11B to $3.07B.
- What is the long-term trend for American International Group's general insurance — ceded premiums earned?
- Over 2 years (2021 to 2023), American International Group's general insurance — ceded premiums earned has grown at a 4.2% compound annual growth rate (CAGR), from $11.30B to $12.27B.
- What does general insurance — ceded premiums earned mean?
- The amount of premium an insurer pays to reinsurers to cover a portion of its risks.