Business Segments · Deferred Policy Acquisition Cost
Life and Retirement — Deferred Policy Acquisition Cost
American International Group Life and Retirement — Deferred Policy Acquisition Cost increased by 0.5% to $4.76B in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 2.3%, from $4.87B to $4.76B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityStable
Rolls up toDeferred policy acquisition costs
How to read this metric
A growing DAC balance often indicates strong new business production, while a rapid decline may suggest lower sales or accelerated amortization due to policy lapses.
Detailed definition
Deferred Policy Acquisition Costs (DAC) represent the capitalized costs associated with acquiring new insurance policies...
Peer comparison
Standard accounting metric for life insurers; essential for evaluating long-term profitability and sales momentum.
Metric ID:
aig_segment_life_and_retirement_deferred_policy_acquisition_costHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q1 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|
| Value | $4.90B | $4.84B | $4.87B | $4.74B | $4.76B |
| QoQ Change | — | -1.3% | +0.7% | -2.8% | +0.5% |
| YoY Change | — | -1.3% | — | -2.1% | -2.3% |
Range$4.74B – $4.90B
CAGR-3.0%
Avg YoY Growth-1.9%
Median YoY Growth-2.1%
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Frequently Asked Questions
- What is American International Group's life and retirement — deferred policy acquisition cost?
- American International Group (AIG) reported life and retirement — deferred policy acquisition cost of $4.76B in Q1 2024.
- How has American International Group's life and retirement — deferred policy acquisition cost changed year-over-year?
- American International Group's life and retirement — deferred policy acquisition cost decreased by 2.3% year-over-year, from $4.87B to $4.76B.
- What does life and retirement — deferred policy acquisition cost mean?
- The portion of sales and acquisition costs that are spread out over the life of the insurance policies.