Ameriprise Financial Other Life Insurance — Weighted average interest accretion rate increased by 2.6% to 3.9% in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from 3.9% to 3.9%. Over 2 years (FY 2023 to FY 2025), Other Life Insurance — Weighted average interest accretion rate shows relatively stable performance with a -1.3% CAGR.
Changes in this rate reflect adjustments to long-term interest rate expectations and the discounting of future liabilities.
This is the average rate at which the company's long-duration insurance liabilities grow due to the passage of time. It...
Comparable to 'discount rate' or 'accretion rate' used in actuarial reserve calculations.
amp_segment_other_life_insurance_weighted_average_interest_accretion_rate| 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 | 4.1% | 3.9% | 3.9% | 3.9% | 4% | 3.9% | 4% | 3.9% | 3.9% | 3.9% | 4% | 3.6% | 3.8% | 3.9% |
| QoQ Change | — | -4.9% | +0.0% | +0.0% | +2.6% | -2.5% | +2.6% | -2.5% | +0.0% | +0.0% | +2.6% | -10.0% | +5.6% | +2.6% |
| YoY Change | — | — | — | — | -2.4% | +0.0% | +2.6% | +0.0% | -2.5% | +0.0% | +0.0% | -7.7% | -2.6% | +0.0% |