American International Group Life And Retirement — Reinsurance Recoverables Allowance increased by 4.0% to $105.00M in Q1 2022 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase signals higher perceived counterparty credit risk, while a decrease suggests improved confidence in the financial stability of reinsurance partners.
This metric represents the valuation allowance or reserve set aside to account for potential credit losses on amounts re...
Peers report similar allowances for credit losses on reinsurance recoverables based on credit rating assessments of their reinsurers.
aig_segment_life_and_retirement_reinsurance_recoverables_allowance| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | |
|---|---|---|---|---|
| Value | $87.00M | $102.00M | $101.00M | $105.00M |
| QoQ Change | — | +17.2% | -1.0% | +4.0% |