Discontinued — last reported Q4 '22
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.
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.
This metric represents the total value of assets held within the fixed-rate sub-accounts of variable annuity contracts....
Comparable to fixed-account liabilities or general account annuity reserves reported by other life insurance and wealth management firms with significant annuity operations.
amp_segment_variable_annuity_fixed_sub_accounts_policyholder_account_balances| Q4 '21 | Q4 '22 | |
|---|---|---|
| Value | $4.99B | $4.78B |
| QoQ Change | — | -4.2% |
| YoY Change | — | -4.2% |