Ameriprise Financial Non-Life Contingent Payout Annuity — Interest credited increased by 50.0% to $3.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 25.0%, from $4.00M to $3.00M. Over 3 years (FY 2022 to FY 2025), Non-Life Contingent Payout Annuity — Interest credited shows relatively stable performance with a -2.3% CAGR.
Higher interest credited is attractive to customers but increases the company's cost of funds, requiring a balance between competitiveness and profitability.
This represents the interest earned and added to the account balances of policyholders for fixed annuity products. It is...
Comparable to 'Interest Credited to Policyholders' or 'Cost of Funds' in fixed annuity segments.
amp_segment_non_life_contingent_payout_annuity_interest_credited| 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 | $3.75M | $3.75M | $3.75M | $3.75M | -$1.00M | $3.00M | $3.00M | $4.00M | $3.00M | $2.00M | $5.00M | $2.00M | $4.00M | $4.00M | $4.00M | $2.00M | $3.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -126.7% | +400.0% | +0.0% | +33.3% | -25.0% | -33.3% | +150.0% | -60.0% | +100.0% | +0.0% | +0.0% | -50.0% | +50.0% |
| YoY Change | — | — | — | — | -126.7% | -20.0% | -20.0% | +6.7% | +400.0% | -33.3% | +66.7% | -50.0% | +33.3% | +100.0% | -20.0% | +0.0% | -25.0% |