Business Segments · Deferred acquisition cost
Institutional Markets — Deferred acquisition cost
American International Group Institutional Markets — Deferred acquisition cost increased by 17.5% to $67.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 45.7%, from $46.00M to $67.00M.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
Rolls up toDeferred policy acquisition costs
How to read this metric
An increase typically signals aggressive new business growth, while a decrease may indicate lower sales volume or accelerated amortization.
Detailed definition
This represents the capitalized costs associated with acquiring new insurance contracts that are expected to be recovere...
Peer comparison
Commonly reported as 'DAC' or 'Deferred Acquisition Costs' in life and annuity insurance segments.
Metric ID:
aig_segment_institutional_markets_deferred_acquisition_costHistorical Data
8 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $38.00M | $39.00M | $41.00M | $46.00M | $51.00M | $53.00M | $57.00M | $67.00M |
| QoQ Change | — | +2.6% | +5.1% | +12.2% | +10.9% | +3.9% | +7.5% | +17.5% |
| YoY Change | — | — | — | — | +34.2% | +35.9% | +39.0% | +45.7% |
Range$38.00M – $67.00M
CAGR+38.3%
Avg YoY Growth+38.7%
Median YoY Growth+37.5%
Current Streak7+ quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is American International Group's institutional markets — deferred acquisition cost?
- American International Group (AIG) reported institutional markets — deferred acquisition cost of $67.00M in Q3 2023.
- How has American International Group's institutional markets — deferred acquisition cost changed year-over-year?
- American International Group's institutional markets — deferred acquisition cost increased by 45.7% year-over-year, from $46.00M to $67.00M.
- What does institutional markets — deferred acquisition cost mean?
- The portion of sales and marketing costs for new policies that is spread out over the life of the contract.