Business Segments · Premiums
Life and Retirement — Premiums
American International Group Life and Retirement — Premiums remained flat by 0.0% to $1.92B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 51.0%, from $1.27B to $1.92B. Over 2 years (FY 2021 to FY 2023), Life and Retirement — Premiums shows an upward trend with a 16.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Consistent growth in total premiums is a primary indicator of a healthy and expanding insurance franchise.
Detailed definition
The aggregate value of all insurance premiums generated by the segment, serving as the primary measure of top-line insur...
Peer comparison
Standard top-line metric used across the global insurance industry for benchmarking size.
Metric ID:
aig_segment_life_and_retirement_premiumsHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $5.64B | $5.09B | $7.69B |
| YoY Change | — | -9.7% | +51.0% |
Range$5.09B – $7.69B
CAGR+16.8%
Avg YoY Growth+20.7%
Median YoY Growth+20.7%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is American International Group's life and retirement — premiums?
- American International Group (AIG) reported life and retirement — premiums of $1.92B in Q4 2023.
- How has American International Group's life and retirement — premiums changed year-over-year?
- American International Group's life and retirement — premiums increased by 51.0% year-over-year, from $1.27B to $1.92B.
- What is the long-term trend for American International Group's life and retirement — premiums?
- Over 2 years (2021 to 2023), American International Group's life and retirement — premiums has grown at a 16.8% compound annual growth rate (CAGR), from $5.64B to $7.69B.
- What does life and retirement — premiums mean?
- The total amount of money collected from policyholders for insurance coverage.