Discontinued — last reported Q4 '22

Products & Services · Policyholder account balances

Variable annuity fixed sub-accounts — Policyholder account balances

Ameriprise Financial Variable annuity fixed sub-accounts — Policyholder account balances decreased by 4.2% to $4.78B in Q4 2022 compared to the prior quarter.

Analysis

StatementSegment
CategoryMarket Position
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2022

How to read this metric

An increase suggests growth in the fixed-income component of the annuity business, potentially indicating higher demand for capital-protected products or shifts in asset allocation by policyholders. A decrease may signal a shift toward market-linked sub-accounts or a reduction in the overall annuity book of business.

Detailed definition

This metric represents the total value of assets held within the fixed-rate sub-accounts of variable annuity contracts....

Peer comparison

Comparable to fixed-account liabilities or general account annuity reserves reported by other life insurance and wealth management firms with significant annuity operations.

Metric ID: amp_segment_variable_annuity_fixed_sub_accounts_policyholder_account_balances

Historical Data

2 periods
 Q4 '21Q4 '22
Value$4.99B$4.78B
QoQ Change-4.2%
YoY Change-4.2%
Range$4.78B$4.99B
Avg YoY Growth-4.2%
Median YoY Growth-4.2%

Frequently Asked Questions

What is Ameriprise Financial's variable annuity fixed sub-accounts — policyholder account balances?
Ameriprise Financial (AMP) reported variable annuity fixed sub-accounts — policyholder account balances of $4.78B in Q4 2022.
What does variable annuity fixed sub-accounts — policyholder account balances mean?
The total amount of customer money invested in fixed-interest options within variable annuity contracts.