Long Duration Insurance — Premiums
American International Group Long Duration Insurance — Premiums remained flat by 0.0% to $236.29B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 1.2%, from $233.54B to $236.29B. Over 2 years (FY 2021 to FY 2023), Long Duration Insurance — Premiums shows relatively stable performance with a 1.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growth in the insurance book and market share, while a decrease suggests contraction in the long-term product portfolio.
Detailed definition
This represents the total premiums earned by the long-duration insurance segment, reflecting the core revenue generated...
Peer comparison
Comparable to 'Net Premiums Earned' or 'Gross Premiums Written' in life and annuity insurance segments.
aig_segment_long_duration_insurance_premiumsHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $917.27B | $934.14B | $945.18B |
| YoY Change | — | +1.8% | +1.2% |
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Frequently Asked Questions
- What is American International Group's long duration insurance — premiums?
- American International Group (AIG) reported long duration insurance — premiums of $236.29B in Q4 2023.
- How has American International Group's long duration insurance — premiums changed year-over-year?
- American International Group's long duration insurance — premiums increased by 1.2% year-over-year, from $233.54B to $236.29B.
- What is the long-term trend for American International Group's long duration insurance — premiums?
- Over 2 years (2021 to 2023), American International Group's long duration insurance — premiums has grown at a 1.5% compound annual growth rate (CAGR), from $917.27B to $945.18B.
- What does long duration insurance — premiums mean?
- The total revenue earned from long-duration insurance policies before accounting for reinsurance.