AMP · 10-Q · 2026Q2 · Full report
Policyholder Account Growth
AMERIPRISE FINANCIAL INC · 2026-08-04 · Importance 49 · Surprise 32 · No source text
Policyholder account balances increased to $39.746 billion as of June 30, 2026, from $37.005 billion at December 31, 2025. Structured variable annuity balances grew 14.1% to $24.533 billion, while indexed universal life balances increased 2.9% to $3.137 billion and variable universal life balances rose 2.4% to $1.746 billion. Six-month contract deposits totaled $2.5 billion, while surrenders and other benefits were $1.518 billion, compared with $2.424 billion for the full year ended December 31, 2025. The company no longer sells fixed deferred or fixed deferred indexed annuities, but continues offering variable, structured variable, fixed, indexed universal life, term life and disability income products.
Key facts
- Policyholder account balances, future policy benefits and claims carrying value: $25,064 million as of June 30, 2026 and $23,297 million as of December 31, 2025; estimated fair value $21,301 million as of June 30, 2026 and $19,636 million as of December 31, 2025. source
- Structured variable annuities balance increased from $21,504 million at January 1, 2026 to $24,533 million at June 30, 2026. source
- Total policyholder account balances, future policy benefits and claims were $49,199 million as of June 30, 2026 and $46,498 million as of December 31, 2025. source
- Total cash surrender value for all products was $? (cash surrender value line shows $N/A for some) — cash surrender value for Variable Annuities fixed account portion was $3,158 million and for Structured Variable Annuities was $23,411 million as of June 30, 2026. source
- Policyholder account balances, future policy benefits and claims classified as Level 3: $6,086 million as of June 30, 2026 and $4,979 million as of December 31, 2025. source
- Policyholder account balances were $39,746 million as of June 30, 2026 and $37,005 million as of December 31, 2025. source
- Investment certificate reserves carrying value: $7,378 million as of June 30, 2026 and $8,150 million as of December 31, 2025; estimated fair value $7,347 million as of June 30, 2026 and $8,128 million as of December 31, 2025. source
- Policyholder account balances, future policy benefits and claims as of June 30, 2026: $49,199 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | positive | realized | +24.9% | Policyholder account balances, future policy benefits and claims as of June 30, 2026: $49,199 million. |
| liability | negative | realized | -1.4% | Total policyholder account balances, future policy benefits and claims were $49,199 million as of June 30, 2026 and $46,498 million as of… |
| liability | negative | realized | -0.6% | Policyholder account balances, future policy benefits and claims classified as Level 3: $6,086 million as of June 30, 2026 and $4,979… |
| liability | positive | realized | +0.4% | Investment certificate reserves carrying value: $7,378 million as of June 30, 2026 and $8,150 million as of December 31, 2025; estimated… |