Business Segments · Amortization expense
Group Retirement — Amortization expense
American International Group Group Retirement — Amortization expense decreased by 5.0% to -$21.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 5.0%, from -$20.00M to -$21.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
How to read this metric
Increasing amortization may signal a maturing book of business or changes in expected policy persistency.
Detailed definition
The periodic charge to the income statement representing the systematic allocation of deferred acquisition costs over th...
Peer comparison
Standard metric for life insurers; analyzed relative to total segment revenue to assess margin pressure.
Metric ID:
aig_segment_group_retirement_amortization_expenseHistorical Data
6 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | -$19.00M | -$20.00M | -$20.00M | -$21.00M | -$20.00M | -$21.00M |
| QoQ Change | — | -5.3% | +0.0% | -5.0% | +4.8% | -5.0% |
| YoY Change | — | — | — | -10.5% | +0.0% | -5.0% |
Range-$21.00M – -$19.00M
CAGR+8.3%
Avg YoY Growth-5.2%
Median YoY Growth-5.0%
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Frequently Asked Questions
- What is American International Group's group retirement — amortization expense?
- American International Group (AIG) reported group retirement — amortization expense of -$21.00M in Q3 2023.
- How has American International Group's group retirement — amortization expense changed year-over-year?
- American International Group's group retirement — amortization expense decreased by 5.0% year-over-year, from -$20.00M to -$21.00M.
- What does group retirement — amortization expense mean?
- The annual expense recognized from spreading out the cost of acquiring retirement policies.