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Ameriprise Financial AMP Universal Life Insurance — Capitalization of acquisition costs

Other product segments

Total, All Products
$46M+7.0%
Structured Variable Annuities
$23M+21.1%
Variable Universal Life Insurance
$15M0.0%
Variable Annuity
$6M0.0%
Disability Income Insurance
$1M
Indexed Universal Life Insurance
$1M0.0%
Fixed Annuity
$0
Fixed Indexed Annuity
$0
Life Contingent Payout Annuities
$0-100%
Other Life Insurance
$0
Term and Whole Life Insurance
$0-100%

Similar metrics at other companies

Cincinnati Financial logo
CINFUniversal life — Capitalized deferred policy acquisition costs
$0-100%
F&G Annuities & Life logo
FGUniversal life — Deferred Policy Acquisition Cost, Capitalization
$77M+11.6%
Fidelity National Financial logo
FNFUniversal Life — Capitalization
$44.5M+17.9%
Brighthouse Financial logo
BHFUniversal Life Insurance — Deferred policy acquisition costs and value of business acquired
$341M-6.3%
F&G Annuities & Life logo
FGUniversal life — Deferred Policy Acquisition Cost
$1.08B+29.1%
Fidelity National Financial logo
FNFUniversal Life — Deferred Policy Acquisition Cost, Capitalization
$77M+11.6%

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:DeferredPolicyAcquisitionCostsAdditions.

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 — capitalization of acquisition costs?
Ameriprise Financial (AMP) reported universal life insurance — capitalization of acquisition costs of $0 in Q1 2026.
What is the long-term trend for Ameriprise Financial's universal life insurance — capitalization of acquisition costs?
Over 4 years (2021 to 2025), Ameriprise Financial's universal life insurance — capitalization of acquisition costs has grown at a -100.0% compound annual growth rate (CAGR), from $3M to $0.
What does universal life insurance — capitalization of acquisition costs mean?
Refers to the amount of new sales-related expenses, such as commissions and underwriting costs, deferred during the current period for universal life insurance products. This metric reflects the immediate investment intensity required to grow the insurance segment. It is a critical component for understanding the upfront cost of customer acquisition.