Ameriprise Financial Life Contingent Payout Annuities — Interest Expense increased by 7.7% to $14.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $14.00M to $14.00M. Over 4 years (FY 2021 to FY 2025), Life Contingent Payout Annuities — Interest Expense shows relatively stable performance with a 1.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase in interest expense typically reflects a larger reserve base or higher interest crediting rates on long-term annuity obligations, while a decrease may indicate a reduction in the underlying liability or changes in actuarial assumptions. Sustained increases may signal growth in the annuity book, whereas unexpected volatility could indicate shifts in mortality assumptions or interest rate environments.
This metric represents the interest expense accrued on liabilities associated with life-contingent payout annuities, whi...
Comparable to interest credited to policyholder reserves or interest expense on insurance contract liabilities at other diversified financial services and insurance firms.
amp_segment_life_contingent_payout_annuities_interest_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.25M | $13.25M | $13.25M | $12.25M | $12.25M | $12.25M | $12.25M | $12.00M | $12.00M | $12.00M | $13.00M | $14.00M | $14.00M | $14.00M | $13.00M | $14.00M | $15.00M | $14.00M | $13.00M | $14.00M |
| QoQ Change | — | +0.0% | +0.0% | -7.5% | +0.0% | +0.0% | +0.0% | -2.0% | +0.0% | +0.0% | +8.3% | +7.7% | +0.0% | +0.0% | -7.1% | +7.7% | +7.1% | -6.7% | -7.1% | +7.7% |
| YoY Change | — | — | — | — | -7.5% | -7.5% | -7.5% | -2.0% | -2.0% | -2.0% | +6.1% | +16.7% | +16.7% | +16.7% | +0.0% | +0.0% | +7.1% | +0.0% | +0.0% | +0.0% |