Ameriprise Financial Variable Universal Life Insurance — Weighted average interest accretion rate increased by 4.4% to 7.1% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from 7.2% to 7.1%. Over 2 years (FY 2023 to FY 2025), Variable Universal Life Insurance — Weighted average interest accretion rate shows relatively stable performance with a 0.0% CAGR.
Changes in this rate reflect shifts in the interest rate environment or changes in the mix of insurance products, impacting the total reserve requirement.
This is the average rate at which the company's long-duration insurance liabilities grow due to the passage of time. It...
Standard actuarial assumption reported by life insurers under LDTI or similar accounting standards.
amp_segment_variable_universal_life_insurance_weighted_average_interest_accretion_rate| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 7% | 7.1% | 7.1% | 6.8% | 6.9% | 7.1% | 7.1% | 7.1% | 7% | 7.2% | 7% | 6.9% | 6.8% | 7.1% |
| QoQ Change | — | +1.4% | +0.0% | -4.2% | +1.5% | +2.9% | +0.0% | +0.0% | -1.4% | +2.9% | -2.8% | -1.4% | -1.4% | +4.4% |
| YoY Change | — | — | — | — | -1.4% | +0.0% | +0.0% | +4.4% | +1.4% | +1.4% | -1.4% | -2.8% | -2.9% | -1.4% |