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Schedule IV Reinsurance
12 Months Ended
Dec. 31, 2021
Schedule IV Reinsurance  
Schedule IV Reinsurance Reinsurance

 

 

 

 

 

 

 

 

 

 

Schedule IV

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2021, 2020 and 2019 and for the years then ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Percent of

 

 

 

 

 

Ceded to

 

Assumed

 

 

 

Amount

 

 

 

Gross

 

Other

 

from Other

 

 

 

Assumed

 

(in millions)

 

Amount

 

Companies

 

Companies

 

Net Amount

 

to Net

 

2021

 

 

 

 

 

 

 

 

 

 

 

Long-duration insurance in force

$

1,280,090

$

363,008

$

192

$

917,274

 

-

%

Premiums Earned:

 

 

 

 

 

 

 

 

 

 

 

General Insurance companies

$

30,279

$

11,301

$

6,640

$

25,618

 

25.9

%

Life and Retirement companies

 

4,596

 

1,220

 

2,265

 

5,641

 

40.2

 

Total

$

34,875

$

12,521

$

8,905

$

31,259

 

28.5

%

2020

 

 

 

 

 

 

 

 

 

 

 

Long-duration insurance in force*

$

1,243,389

$

349,453

$

225

$

894,161

 

-

%

Premiums Earned:

 

 

 

 

 

 

 

 

 

 

 

General Insurance companies

$

28,596

$

10,435

$

5,984

$

24,145

 

24.8

%

Life and Retirement companies

 

4,381

 

1,061

 

1,058

 

4,378

 

24.2

 

Total

$

32,977

$

11,496

$

7,042

$

28,523

 

24.7

%

2019

 

 

 

 

 

 

 

 

 

 

 

Long-duration insurance in force

$

1,185,771

$

264,732

$

279

$

921,318

 

-

%

Premiums Earned:

 

 

 

 

 

 

 

 

 

 

 

General Insurance companies

$

30,017

$

9,526

$

6,395

$

26,886

 

23.8

%

Life and Retirement companies

 

4,363

 

916

 

228

 

3,675

 

6.2

 

Total

$

34,380

$

10,442

$

6,623

$

30,561

 

21.7

%

*The Ceded to other companies and Net amount for Long-duration insurance in force in 2020 have been revised from $292.5 billion to $349.5 billion and from $951.1 billion to $894.2 billion, respectively to correct Long-duration insurance in force in 2020. These corrections have no impact on AIG’s consolidated financial statements and are not considered material to previously issued financial statements.