Products & Services · Ceded Premiums Earned

Long Duration Insurance — Ceded Premiums Earned

American International Group Long Duration Insurance — Ceded Premiums Earned remained flat by 0.0% to $90.87B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $86.72B to $90.87B. Over 2 years (FY 2021 to FY 2023), Long Duration Insurance — Ceded Premiums Earned shows relatively stable performance with a 0.1% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ1 2017
Last reportedQ4 2023Feb 14, 2024

How to read this metric

An increase suggests higher risk transfer or increased reinsurance costs, while a decrease may indicate higher risk retention or reduced reinsurance activity.

Detailed definition

This metric represents the portion of premiums earned by the long-duration insurance segment that is transferred to rein...

Peer comparison

Commonly reported as 'Ceded Premiums' or 'Reinsurance Premiums Ceded' across the insurance industry.

Metric ID: aig_segment_long_duration_insurance_ceded_premiums_earned

Historical Data

3 years
 FY'21FY'22FY'23
Value$363.01B$346.88B$363.47B
YoY Change-4.4%+4.8%
Range$346.88B$363.47B
CAGR+0.1%
Avg YoY Growth+0.2%
Median YoY Growth+0.2%

Frequently Asked Questions

What is American International Group's long duration insurance — ceded premiums earned?
American International Group (AIG) reported long duration insurance — ceded premiums earned of $90.87B in Q4 2023.
How has American International Group's long duration insurance — ceded premiums earned changed year-over-year?
American International Group's long duration insurance — ceded premiums earned increased by 4.8% year-over-year, from $86.72B to $90.87B.
What is the long-term trend for American International Group's long duration insurance — ceded premiums earned?
Over 2 years (2021 to 2023), American International Group's long duration insurance — ceded premiums earned has grown at a 0.1% compound annual growth rate (CAGR), from $363.01B to $363.47B.
What does long duration insurance — ceded premiums earned mean?
The amount of premiums paid to reinsurers to transfer risk for long-duration insurance policies.