Discontinued — last reported Q4 '22
Products & Services · Future policy benefits
Life and disability income insurance — Future policy benefits
Ameriprise Financial Life and disability income insurance — Future policy benefits decreased by 3.8% to $1.10B in Q4 2022 compared to the prior quarter.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2022
Rolls up toFuture policy benefits
How to read this metric
An increase in this metric typically reflects growth in the underlying insurance book of business or changes in actuarial assumptions regarding long-term claims, while a decrease may indicate a reduction in insurance exposure or shifts in policyholder demographics.
Detailed definition
This metric represents the actuarially determined liability for future policy benefits related to life and disability in...
Peer comparison
Comparable to 'Future Policy Benefits' or 'Insurance Contract Liabilities' reported by other life and health insurance providers under GAAP or IFRS frameworks.
Metric ID:
amp_segment_life_and_disability_income_insurance_future_policy_benefitsHistorical Data
2 periods
| Q4 '21 | Q4 '22 | |
|---|---|---|
| Value | $1.14B | $1.10B |
| QoQ Change | — | -3.8% |
| YoY Change | — | -3.8% |
Range$1.10B – $1.14B
Avg YoY Growth-3.8%
Median YoY Growth-3.8%
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Frequently Asked Questions
- What is Ameriprise Financial's life and disability income insurance — future policy benefits?
- Ameriprise Financial (AMP) reported life and disability income insurance — future policy benefits of $1.10B in Q4 2022.
- What does life and disability income insurance — future policy benefits mean?
- The estimated amount of money the company must set aside today to cover future insurance claims and benefits for policyholders.