Business Segments · Direct
Life and Retirement — Direct
American International Group Life and Retirement — Direct remained flat by 0.0% to $1.18B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 0.7%, from $1.18B to $1.18B. Over 2 years (FY 2021 to FY 2023), Life and Retirement — Direct shows relatively stable performance with a 1.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ1 2020
Last reportedQ4 2023Feb 14, 2024
Rolls up toDirect premiums earned
How to read this metric
Growth in direct premiums signals strong market penetration and successful sales distribution.
Detailed definition
Reflects the total premiums collected directly from policyholders before any reinsurance transactions are applied. This...
Peer comparison
Commonly referred to as 'Direct Written Premiums' in insurance financial disclosures.
Metric ID:
aig_segment_life_and_retirement_directHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $4.60B | $4.74B | $4.71B |
| YoY Change | — | +3.1% | -0.7% |
Range$4.60B – $4.74B
CAGR+1.2%
Avg YoY Growth+1.2%
Median YoY Growth+1.2%
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Frequently Asked Questions
- What is American International Group's life and retirement — direct?
- American International Group (AIG) reported life and retirement — direct of $1.18B in Q4 2023.
- How has American International Group's life and retirement — direct changed year-over-year?
- American International Group's life and retirement — direct decreased by 0.7% year-over-year, from $1.18B to $1.18B.
- What is the long-term trend for American International Group's life and retirement — direct?
- Over 2 years (2021 to 2023), American International Group's life and retirement — direct has grown at a 1.2% compound annual growth rate (CAGR), from $4.60B to $4.71B.
- What does life and retirement — direct mean?
- Total insurance premiums collected directly from customers before accounting for reinsurance.