Discontinued — last reported Q4 '22
Ameriprise Financial UL/VUL insurance — Policyholder account balances decreased by 1.1% to $3.07B in Q4 2022 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase in account balances generally indicates growth in the insurance business and higher potential for fee-based revenue, while a decrease may signal policy surrenders or market-driven declines in variable account values.
This metric represents the total accumulated value of policyholder funds held within Universal Life (UL) and Variable Un...
Peers in the life insurance and wealth management sector report similar figures as 'account values' or 'policyholder liabilities' for universal life products, allowing for comparison of insurance-based asset accumulation.
amp_segment_ul_vul_insurance_policyholder_account_balances| Q4 '21 | Q4 '22 | |
|---|---|---|
| Value | $3.10B | $3.07B |
| QoQ Change | — | -1.1% |
| YoY Change | — | -1.1% |