Discontinued — last reported Q3 '23
Business Segments · Weighted average crediting rate
Institutional Markets — Weighted average crediting rate
American International Group Institutional Markets — Weighted average crediting rate increased by 3.4% to 3.7% in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 47.0%, from 2.5% to 3.7%. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ3 2023
Rolls up toPolicyholder account balances
How to read this metric
Higher rates increase the cost of funds and may compress margins, while lower rates improve profitability but may reduce product competitiveness.
Detailed definition
This is the average interest rate applied to the aggregate policyholder account balances within the institutional segmen...
Peer comparison
Standard metric for annuity and life insurance providers to track cost of capital.
Metric ID:
aig_segment_institutional_markets_weighted_average_crediting_rateHistorical Data
6 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | 2.3% | 2.4% | 2.5% | 3.6% | 3.5% | 3.7% |
| QoQ Change | — | +4.3% | +3.7% | +42.6% | -0.3% | +3.4% |
| YoY Change | — | — | — | +54.3% | +47.5% | +47.0% |
Range2.3% – 3.7%
CAGR+45.0%
Avg YoY Growth+49.6%
Median YoY Growth+47.5%
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Frequently Asked Questions
- What is American International Group's institutional markets — weighted average crediting rate?
- American International Group (AIG) reported institutional markets — weighted average crediting rate of 3.7% in Q3 2023.
- How has American International Group's institutional markets — weighted average crediting rate changed year-over-year?
- American International Group's institutional markets — weighted average crediting rate increased by 47.0% year-over-year, from 2.5% to 3.7%.
- What does institutional markets — weighted average crediting rate mean?
- The average interest rate paid on insurance policyholder funds.