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Ameriprise Financial AMP Universal Life Insurance — Benefit accrual

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Other financials

Income statement

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Revenue$4.8B+10.5%
Net income$915.0M+56.9%
EPS (diluted)$9.68+66.0%

Balance sheet

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Cash & equivalents$9.4B+4.8%
Total debt$276.0M-14.3%
Total equity$6.2B+14.5%
Total assets$184.45B+3.0%

Cash flow

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Operating cash flow$459.0M-72.8%
CapEx$29.0M-19.4%
Free cash flow$430.0M-73.9%

Valuation

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Market cap$40.75B-16.1%
P/E10.5×-5.8×
P/S2.2×-0.6×

Profitability

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Net margin20.6%+3.4pp
FCF margin36.7%-1.6pp

Returns & leverage

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Return on equity66.9%+8.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Ameriprise Financial in its filing.

Tagged under the XBRL concept us-gaap:AdditionalLiabilityLongDurationInsuranceIssuance.

The official record: Ameriprise Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ameriprise Financial's universal life insurance — benefit accrual?
Ameriprise Financial (AMP) reported universal life insurance — benefit accrual of $31M in Q1 2026.
How has Ameriprise Financial's universal life insurance — benefit accrual changed year-over-year?
Ameriprise Financial's universal life insurance — benefit accrual decreased by 6.1% year-over-year, from $33M to $31M.
What is the long-term trend for Ameriprise Financial's universal life insurance — benefit accrual?
Over 3 years (2022 to 2025), Ameriprise Financial's universal life insurance — benefit accrual has grown at a 6.9% compound annual growth rate (CAGR), from $108M to $132M.
What does universal life insurance — benefit accrual mean?
This represents the periodic increase in the insurance liability due to the accumulation of benefits earned by policyholders during the reporting period. It reflects the ongoing cost of providing insurance coverage as policyholders age or maintain their policies. It is a fundamental measure of the operational cost of the insurance business.