AMP · 10-Q · 2026Q2 · Full report
Separate Account Growth
AMERIPRISE FINANCIAL INC · 2026-08-04 · Importance 49 · Surprise 32 · No source text
Aggregate separate account assets increased to $80,990 million at June 30, 2026 from $80,044 million at December 31, 2025. Variable annuity and variable universal life mutual funds represented $78,796 million of the June 30, 2026 assets, compared with $77,645 million previously. Six-month investment returns totaled $5,246 million, including $4,189 million for variable annuities and $1,019 million for variable universal life. Separate account liabilities ended at $80,990 million, including $66,694 million for variable annuities and $12,102 million for variable universal life.
Key facts
- Separate account liabilities total was $80,990 million at June 30, 2026, comprised of Variable Annuities $66,694 million, Variable Universal Life $12,102 million, and Unitized Pooled Pension Funds $2,194 million. source
- Separate account liabilities total was $80,044 million at December 31, 2025, comprised of Variable Annuities $66,471 million, Variable Universal Life $11,174 million, and Unitized Pooled Pension Funds $2,399 million. source
- Separate account assets at NAV: $80,990 million as of June 30, 2026 and $80,044 million as of December 31, 2025. source
- Separate account mutual funds fair value for variable annuities and variable universal life was $78,796 million as of June 30, 2026 and $77,645 million as of December 31, 2025. source
- Aggregate fair value of separate account assets total was $80,990 million as of June 30, 2026 and $80,044 million as of December 31, 2025. source
- Separate account assets as of June 30, 2026: $80,990 million. source
- Separate account liabilities — investment contracts carrying value: $2,561 million as of June 30, 2026 and $2,765 million as of December 31, 2025; fair value equals carrying value in both periods. source
- Surrenders and other benefits for the six months ended June 30, 2026 were $(4,326) million total across separate accounts with $(3,872) million in Variable Annuities. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +41.0% | Separate account assets as of June 30, 2026: $80,990 million. |
| liability | negative | realized | -0.5% | Separate account liabilities total was $80,990 million at June 30, 2026, comprised of Variable Annuities $66,694 million, Variable… |
| assets | positive | realized | +0.5% | Separate account assets at NAV: $80,990 million as of June 30, 2026 and $80,044 million as of December 31, 2025. |