Discontinued — last reported Q4 '22
Other annuity liabilities — Future policy benefits
Ameriprise Financial Other annuity liabilities — Future policy benefits increased by 298.5% to $267.00M in Q4 2022 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase in these liabilities typically reflects growth in the underlying book of specialized annuity business or adjustments to actuarial assumptions regarding long-term payouts. A decrease may indicate policy maturities, surrenders, or favorable shifts in mortality and interest rate expectations.
Detailed definition
This metric represents the actuarial present value of future obligations for annuity contracts that do not fall under st...
Peer comparison
Peers in the life insurance and wealth management sector report similar figures under 'Future Policy Benefits' or 'Insurance Contract Liabilities,' though specific categorization varies based on product complexity and accounting standards.
amp_segment_other_annuity_liabilities_future_policy_benefitsHistorical Data
| Q4 '21 | Q4 '22 | |
|---|---|---|
| Value | $67.00M | $267.00M |
| QoQ Change | — | +298.5% |
| YoY Change | — | +298.5% |
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Frequently Asked Questions
- What is Ameriprise Financial's other annuity liabilities — future policy benefits?
- Ameriprise Financial (AMP) reported other annuity liabilities — future policy benefits of $267.00M in Q4 2022.
- What does other annuity liabilities — future policy benefits mean?
- The estimated future payout obligations for specialized or non-standard annuity contracts held by the company.