Discontinued — last reported Q4 '22
Fixed deferred and immediate annuity policies — Future policy benefits
Ameriprise Financial Fixed deferred and immediate annuity policies — Future policy benefits decreased by 5.7% to $1.21B in Q4 2022 compared to the prior quarter. 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 annuity book of business or adjustments in actuarial assumptions due to lower interest rates, while a decrease may indicate policy maturities, surrenders, or higher discount rates.
Detailed definition
This metric represents the actuarial present value of future obligations owed to policyholders for fixed deferred and im...
Peer comparison
Comparable to 'Future Policy Benefits' or 'Insurance Contract Liabilities' reported by other life insurance and wealth management firms with significant annuity portfolios.
amp_segment_fixed_deferred_and_immediate_annuity_policies_future_policy_benefitsHistorical Data
| Q4 '21 | Q4 '22 | |
|---|---|---|
| Value | $1.28B | $1.21B |
| QoQ Change | — | -5.7% |
| YoY Change | — | -5.7% |
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Frequently Asked Questions
- What is Ameriprise Financial's fixed deferred and immediate annuity policies — future policy benefits?
- Ameriprise Financial (AMP) reported fixed deferred and immediate annuity policies — future policy benefits of $1.21B in Q4 2022.
- What does fixed deferred and immediate annuity policies — future policy benefits mean?
- The estimated total value of future payments the company is obligated to make to annuity policyholders.