AMP · 10-Q · 2026Q3 · Full report

Investment Portfolio Credit Quality

AMERIPRISE FINANCIAL INC · 2026-10-30 · Importance 63 · Surprise 64

Gross unrealized losses on available-for-sale securities without a credit-loss allowance totaled $3.256 billion at September 30, 2026, compared with $1.269 billion at December 31, 2025. Management attributed the increase during the nine months to higher interest rates and determined the losses were non-credit-related, so they were not recognized in earnings. The company said it did not intend to sell the securities and did not expect to be required to sell them before recovery of their remaining amortized cost basis.

Key facts

• Ameriprise Financial's fixed maturity securities had total amortized cost of $55.822 billion and fair value of $52.672 billion as of September 30, 2026. source
• Ameriprise Financial's AA-rated fixed maturities had amortized cost of $20.703 billion and fair value of $19.403 billion as of September 30, 2026. source
• Ameriprise Financial's total fair value of available-for-sale securities in an unrealized loss position was $47.001 billion, with gross unrealized losses of $3.256 billion, as of September 30, 2026. source
• Ameriprise Financial's AAA-rated fixed maturities had amortized cost of $17.897 billion and fair value of $17.256 billion as of September 30, 2026. source
• Ameriprise Financial's BBB-rated fixed maturities had amortized cost of $11.205 billion and fair value of $10.403 billion as of September 30, 2026. source
• Ameriprise Financial's fixed maturity securities had total amortized cost of $54.137 billion and fair value of $53.591 billion as of December 31, 2025. source
• AMERIPRISE FINANCIAL INC's available-for-sale securities had gross unrealized losses of $3,256 million as of September 30, 2026. source
• Ameriprise Financial did not recognize the available-for-sale securities' unrealized losses in earnings as of September 30, 2026 because it determined the losses were due to non-credit factors. source