Business Segments · Direct
General Insurance — Direct
American International Group General Insurance — Direct remained flat by 0.0% to $7.70B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 4.0%, from $8.01B to $7.70B. Over 2 years (FY 2021 to FY 2023), General Insurance — Direct shows relatively stable performance with a 0.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryMarket Position
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ4 2023Feb 14, 2024
Rolls up toDirect premiums earned
How to read this metric
An increase indicates strong customer acquisition and market presence, while a decrease suggests loss of market share or pricing challenges.
Detailed definition
This represents the total premiums generated from policies sold directly to customers before any reinsurance adjustments...
Peer comparison
Comparable to 'Direct Written Premiums' (DWP) across the insurance industry.
Metric ID:
aig_segment_general_insurance_directHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $30.28B | $32.05B | $30.78B |
| YoY Change | — | +5.9% | -4.0% |
Range$30.28B – $32.05B
CAGR+0.8%
Avg YoY Growth+0.9%
Median YoY Growth+0.9%
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Frequently Asked Questions
- What is American International Group's general insurance — direct?
- American International Group (AIG) reported general insurance — direct of $7.70B in Q4 2023.
- How has American International Group's general insurance — direct changed year-over-year?
- American International Group's general insurance — direct decreased by 4.0% year-over-year, from $8.01B to $7.70B.
- What is the long-term trend for American International Group's general insurance — direct?
- Over 2 years (2021 to 2023), American International Group's general insurance — direct has grown at a 0.8% compound annual growth rate (CAGR), from $30.28B to $30.78B.
- What does general insurance — direct mean?
- The total premiums collected from customers before sharing any risk with reinsurers.