Business Segments · Amortization expense
Individual Retirement — Amortization expense
American International Group Individual Retirement — Amortization expense decreased by 11.1% to -$150.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 8.7%, from -$138.00M to -$150.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
How to read this metric
Increasing amortization expense often follows periods of high sales growth, while sudden spikes may indicate policy lapses or changes in assumptions.
Detailed definition
This expense reflects the systematic allocation of deferred acquisition costs over the duration of the insurance contrac...
Peer comparison
Standard expense line item for all life and annuity writers.
Metric ID:
aig_segment_individual_retirement_amortization_expenseHistorical Data
6 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | -$118.00M | -$124.00M | -$138.00M | -$137.00M | -$135.00M | -$150.00M |
| QoQ Change | — | -5.1% | -11.3% | +0.7% | +1.5% | -11.1% |
| YoY Change | — | — | — | -16.1% | -8.9% | -8.7% |
Range-$150.00M – -$118.00M
CAGR+21.2%
Avg YoY Growth-11.2%
Median YoY Growth-8.9%
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Frequently Asked Questions
- What is American International Group's individual retirement — amortization expense?
- American International Group (AIG) reported individual retirement — amortization expense of -$150.00M in Q3 2023.
- How has American International Group's individual retirement — amortization expense changed year-over-year?
- American International Group's individual retirement — amortization expense decreased by 8.7% year-over-year, from -$138.00M to -$150.00M.
- What does individual retirement — amortization expense mean?
- The periodic expense recognized from previously capitalized acquisition costs.