Structured Settlement Annuity And Life Insurance — Future policy benefit reserves
General Electric Structured Settlement Annuity And Life Insurance — Future policy benefit reserves decreased by 0.3% to $8.68B in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 2.5%, from $8.90B to $8.68B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase typically reflects growth in the underlying policy base or changes in actuarial assumptions regarding longevity and interest rates, while a decrease may indicate a maturing portfolio or changes in valuation models.
Detailed definition
This represents the actuarially determined liability set aside to cover future obligations for long-duration life insura...
Peer comparison
Standard in insurance and reinsurance companies; peers report this as 'Future Policy Benefits' or 'Life Insurance Reserves'.
ge_segment_structured_settlement_annuities_life_future_policy_benefit_reservesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | $9.01B | $8.97B | $8.90B | $8.81B | $8.75B | $8.71B | $8.68B |
| QoQ Change | — | -0.5% | -0.7% | -1.0% | -0.7% | -0.4% | -0.3% |
| YoY Change | — | — | — | — | -3.0% | -2.9% | -2.5% |
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Frequently Asked Questions
- What is General Electric's structured settlement annuity and life insurance — future policy benefit reserves?
- General Electric (GE) reported structured settlement annuity and life insurance — future policy benefit reserves of $8.68B in Q4 2022.
- How has General Electric's structured settlement annuity and life insurance — future policy benefit reserves changed year-over-year?
- General Electric's structured settlement annuity and life insurance — future policy benefit reserves decreased by 2.5% year-over-year, from $8.90B to $8.68B.
- What does structured settlement annuity and life insurance — future policy benefit reserves mean?
- The estimated amount of money reserved to pay future benefits on long-term life insurance and annuity policies.