American International Group General Insurance — Premiums remained flat by 0.0% to $6.39B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 4.5%, from $6.69B to $6.39B. Over 2 years (FY 2021 to FY 2023), General Insurance — Premiums shows relatively stable performance with a -0.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests growth in market share or premium pricing power, while a decrease may indicate a strategic reduction in risk appetite or increased competitive pressure.
This metric represents the total volume of insurance premiums generated by the General Insurance business segment. It re...
Comparable to Gross Written Premiums (GWP) or Net Premiums Written (NPW) reported by other global property and casualty insurers.
aig_segment_general_insurance_premiums| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $25.62B | $26.77B | $25.56B |
| YoY Change | — | +4.5% | -4.5% |