Long Duration Insurance — Assumed Premiums Earned
American International Group Long Duration Insurance — Assumed Premiums Earned remained flat by 0.0% to $43.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 8.0%, from $47.00M to $43.25M. Over 2 years (FY 2021 to FY 2023), Long Duration Insurance — Assumed Premiums Earned shows relatively stable performance with a -5.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates expansion into the reinsurance market, which can provide a diversified revenue stream but requires robust underwriting discipline.
Detailed definition
This metric tracks the premiums earned by the company for assuming insurance risks from other insurance companies. It re...
Peer comparison
Standard metric for 'Assumed Premiums' found in the reinsurance segments of major global insurers.
aig_segment_long_duration_insurance_assumed_premiums_earnedHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $192.00M | $188.00M | $173.00M |
| YoY Change | — | -2.1% | -8.0% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is American International Group's long duration insurance — assumed premiums earned?
- American International Group (AIG) reported long duration insurance — assumed premiums earned of $43.25M in Q4 2023.
- How has American International Group's long duration insurance — assumed premiums earned changed year-over-year?
- American International Group's long duration insurance — assumed premiums earned decreased by 8.0% year-over-year, from $47.00M to $43.25M.
- What is the long-term trend for American International Group's long duration insurance — assumed premiums earned?
- Over 2 years (2021 to 2023), American International Group's long duration insurance — assumed premiums earned has grown at a -5.1% compound annual growth rate (CAGR), from $192.00M to $173.00M.
- What does long duration insurance — assumed premiums earned mean?
- The premiums earned from taking on insurance risk from other insurance companies.