Ameriprise Financial Structured Variable Annuities — Cash surrender value remained flat by 0.0% to $20.58B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 31.8%, from $15.62B to $20.58B. Over 2 years (FY 2023 to FY 2025), Structured Variable Annuities — Cash surrender value shows an upward trend with a 47.6% CAGR.
An increase in total surrender value typically reflects growth in the underlying asset base, while sudden spikes in surrender activity may signal customer dissatisfaction or competitive market pressures.
This metric measures the total amount of cash that policyholders would receive if they were to terminate their structure...
Comparable to total surrender liabilities or cash value of annuity reserves reported by life insurance and retirement services peers.
amp_segment_structured_variable_annuities_cash_surrender_value| 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 | $5.99B | $6.91B | $8.01B | $8.59B | $10.13B | $11.66B | $13.01B | $14.44B | $15.47B | $15.62B | $17.65B | $19.46B | $20.58B | $20.58B |
| QoQ Change | — | +15.5% | +16.0% | +7.1% | +18.0% | +15.1% | +11.6% | +11.0% | +7.1% | +1.0% | +13.0% | +10.3% | +5.8% | +0.0% |
| YoY Change | — | — | — | — | +69.2% | +68.7% | +62.3% | +68.2% | +52.7% | +34.0% | +35.6% | +34.8% | +33.1% | +31.8% |