Business Segments · Ceded Premiums Earned
Life and Retirement — Ceded Premiums Earned
American International Group Life and Retirement — Ceded Premiums Earned remained flat by 0.0% to $281.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 16.8%, from $241.00M to $281.50M. Over 2 years (FY 2021 to FY 2023), Life and Retirement — Ceded Premiums Earned shows relatively stable performance with a -3.9% CAGR.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2023Feb 14, 2024
Rolls up toCeded Premiums Earned
How to read this metric
An increase may signal a more conservative risk management strategy or a response to higher expected loss volatility.
Detailed definition
Represents the portion of premiums that the company has paid to reinsurers to transfer a portion of its insurance risk....
Peer comparison
Standard metric for assessing reinsurance usage and risk transfer strategies among insurers.
Metric ID:
aig_segment_life_and_retirement_ceded_premiums_earnedHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $1.22B | $964.00M | $1.13B |
| YoY Change | — | -21.0% | +16.8% |
Range$964.00M – $1.22B
CAGR-3.9%
Avg YoY Growth-2.1%
Median YoY Growth-2.1%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is American International Group's life and retirement — ceded premiums earned?
- American International Group (AIG) reported life and retirement — ceded premiums earned of $281.50M in Q4 2023.
- How has American International Group's life and retirement — ceded premiums earned changed year-over-year?
- American International Group's life and retirement — ceded premiums earned increased by 16.8% year-over-year, from $241.00M to $281.50M.
- What is the long-term trend for American International Group's life and retirement — ceded premiums earned?
- Over 2 years (2021 to 2023), American International Group's life and retirement — ceded premiums earned has grown at a -3.9% compound annual growth rate (CAGR), from $1.22B to $1.13B.
- What does life and retirement — ceded premiums earned mean?
- The amount of premiums paid to other insurance companies to share or transfer risk.