AMP · 10-Q · 2026Q3 · Full report

Derivative Risk Exposure

AMERIPRISE FINANCIAL INC · 2026-10-30 · Importance 41 · Surprise 48 · Matches filing data

At September 30, 2026, total derivative notional value was $213.129 billion, up 22.2% from $174.357 billion at December 31, 2025. Equity-contract notional value increased 30.7% to $173.368 billion from $132.590 billion, while gross fair value of equity derivative assets rose to $15.070 billion from $12.940 billion. Structured variable annuity embedded-derivative liabilities increased to $4.807 billion from $3.879 billion, a 23.9% rise. Investment securities pledged under derivative contracts increased to $2.1 billion from $1.7 billion over the same period.

Key facts

• Ameriprise Financial’s total derivative notional value was $213.129 billion as of September 30, 2026, compared with $174.357 billion as of December 31, 2025. source
• Ameriprise Financial’s investment securities pledged to meet contractual obligations under derivative contracts had a fair value of $2.1 billion as of September 30, 2026, versus $1.7 billion as of December 31, 2025. source
• AMERIPRISE FINANCIAL INC's net cash flows from derivatives, net of collateral, were a $2,299 million outflow for the nine months ended September 30, 2026. source
• Ameriprise Financial’s equity derivative contracts had a notional value of $173.368 billion and gross fair value assets of $15.070 billion as of September 30, 2026. source
• Certain Ameriprise Financial derivative contracts can require additional collateral or permit termination if the Company's debt rating or its life insurance subsidiaries' financial strength rating falls below specified ratings; termination could require immediate settlement of a net liability position. source
• As of September 30, 2026, Ameriprise Financial expected the estimated net amount recorded in accumulated other comprehensive income to be reclassified to earnings as a reduction to interest and debt expense within the next twelve months to be not material. source
• Ameriprise Financial uses interest rate swaps, index options and futures contracts to economically hedge obligations related to structured variable annuity, IUL and stock market certificate products. source
• Ameriprise Financial uses futures, credit default swaps, commodity swaps, total return swaps and foreign currency forwards to manage price risk from seed money investments in proprietary investment products. source

Impact estimates