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Company Details
RIVERSOURCE LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
65005
Phone Number:
6126713131
Company Address:
227 AMERIPRISE FINANCIAL CENTER
MINNEAPOLIS, MN 55474
Description:
Life and Health
License Number:
A424295
Date Admitted:
1960-05-16
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Accident & Health | 0.03% | $4,375,925 | $4,857,261 | $7,206,786 | $7,211,837 | N/A |
| 2023 | Total Individual Accident & Health | 0.08% | $4,366,114 | $4,845,095 | $7,203,513 | $7,208,565 | N/A |
| 2023 | Individual Long Term Care | 1.74% | $3,421,265 | $3,893,157 | $7,054,580 | $7,059,527 | N/A |
| 2023 | Individual Disability Income | 0.84% | $944,849 | $951,938 | $148,933 | $149,038 | 15.66 % |
| 2023 | Total Group Accident & Health | 0.00% | $9,811 | $12,166 | $3,273 | $3,272 | 26.89 % |
| 2023 | Group Long Term Care | 0.03% | $9,811 | $12,166 | $3,273 | $3,272 | 26.89 % |
| 2023 | Total Life | 0.45% | $61,438,518 | $0 | $203,326,025 | $0 | N/A |
| 2023 | Total Individual Life | 0.61% | $61,162,848 | $0 | $202,238,959 | $0 | N/A |
| 2023 | Individual Term Life | 0.29% | $1,709,427 | $0 | $2,043,674 | $0 | N/A |
| 2023 | Individual Universal Life | 0.31% | $1,794,074 | $0 | $3,817,087 | $0 | N/A |
| 2023 | Individual Ordinary Annuities | 0.04% | $1,155,441 | $0 | $36,381,932 | $0 | N/A |
| 2023 | Individual Variable Annuities | 1.16% | $17,411,679 | $0 | $156,199,708 | $0 | N/A |
| 2023 | Individual Equity Indexed Annuities | 1.74% | $39,038,718 | $0 | $3,796,558 | $0 | N/A |
| 2023 | Individual Deposit-Type Funds | 0.00% | $53,509 | $0 | $0 | $0 | N/A |
| 2023 | Total Group Life | 0.01% | $275,670 | $0 | $1,087,066 | $0 | N/A |
| 2023 | Group Ordinary Annuities | 0.02% | $275,670 | $0 | $1,067,137 | $0 | N/A |
| 2023 | Group Variable Annuities | 0.00% | $0 | $0 | $19,929 | $0 | N/A |
| 2022 | Total Accident & Health | 0.04% | $4,599,870 | $4,970,757 | $6,713,534 | $6,757,421 | N/A |
| 2022 | Total Individual Accident & Health | 0.10% | $4,591,804 | $4,962,133 | $6,712,081 | $6,755,952 | N/A |
| 2022 | Individual Long Term Care | 1.80% | $3,593,329 | $3,956,840 | $6,569,637 | $6,612,577 | N/A |
| 2022 | Individual Disability Income | 0.90% | $998,475 | $1,005,293 | $142,444 | $143,375 | 14.26 % |
| 2022 | Total Group Accident & Health | 0.00% | $8,066 | $8,624 | $1,453 | $1,469 | 17.03 % |
| 2022 | Group Long Term Care | 0.02% | $8,066 | $8,624 | $1,453 | $1,469 | 17.03 % |
| 2022 | Total Life | 0.52% | $74,643,171 | $0 | $166,661,433 | $0 | N/A |
| 2022 | Total Individual Life | 0.75% | $74,394,351 | $0 | $166,378,424 | $0 | N/A |
| 2022 | Individual Whole Life | 0.00% | $6,343 | $0 | $2,586 | $0 | N/A |
| 2022 | Individual Term Life | 0.27% | $1,676,246 | $0 | $683,359 | $0 | N/A |
| 2022 | Individual Universal Life | 0.48% | $3,710,883 | $0 | $4,764,167 | $0 | N/A |
| 2022 | Individual Variable Life | 2.98% | $6,556,438 | $0 | $3,096,679 | $0 | N/A |
| 2022 | Individual Ordinary Annuities | 0.01% | $210,000 | $0 | $24,675,899 | $0 | N/A |
| 2022 | Individual Variable Annuities | 1.04% | $20,480,856 | $0 | $132,169,403 | $0 | N/A |
| 2022 | Individual Modified Guaranteed Annuities | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Individual Equity Indexed Annuities | 2.16% | $41,753,585 | $0 | $986,331 | $0 | N/A |
| 2022 | Individual Deposit-Type Funds | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Total Group Life | 0.01% | $248,820 | $0 | $283,009 | $0 | N/A |
| 2022 | Group Universal Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Group Ordinary Annuities | 0.02% | $248,820 | $0 | $88,212 | $0 | N/A |
| 2022 | Group Variable Annuities | 0.00% | $0 | $0 | $194,797 | $0 | N/A |
| 2022 | Group Modified Guaranteed Annuities | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2021 | Total Accident & Health | 0.04% | $4,710,735 | $4,754,231 | $6,559,725 | $6,619,999 | N/A |
| 2021 | Total Individual Accident & Health | 0.10% | $4,669,765 | $4,712,733 | $6,559,725 | $6,619,999 | N/A |
| 2021 | Individual Long Term Care | 1.76% | $3,643,012 | $3,687,841 | $6,342,269 | $6,400,545 | N/A |
| 2021 | Individual Disability Income | 0.91% | $1,026,753 | $1,024,892 | $217,456 | $219,454 | 21.41 % |
| 2021 | Total Group Accident & Health | 0.00% | $40,970 | $41,498 | $0 | $0 | 0.00 % |
| 2021 | Group Long Term Care | 0.11% | $40,970 | $41,498 | $0 | $0 | 0.00 % |
| 2021 | Total Life | 0.75% | $91,725,086 | $0 | $194,947,393 | $0 | N/A |
| 2021 | Total Individual Life | 1.16% | $91,408,041 | $0 | $193,752,070 | $0 | N/A |
| 2021 | Individual Whole Life | 0.00% | $6,546 | $0 | $5,164 | $0 | N/A |
| 2021 | Individual Term Life | 0.27% | $1,634,669 | $0 | $1,289,535 | $0 | N/A |
| 2021 | Individual Universal Life | 0.51% | $4,098,441 | $0 | $4,393,661 | $0 | N/A |
| 2021 | Individual Variable Life | 2.85% | $6,732,132 | $0 | $6,126,321 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 0.02% | $305,302 | $0 | $23,030,113 | $0 | N/A |
| 2021 | Individual Variable Annuities | 2.17% | $49,160,714 | $0 | $158,402,726 | $0 | N/A |
| 2021 | Individual Modified Guaranteed Annuities | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2021 | Individual Equity Indexed Annuities | 2.16% | $29,386,465 | $0 | $504,550 | $0 | N/A |
| 2021 | Individual Deposit-Type Funds | 0.09% | $83,772 | $0 | $0 | $0 | N/A |
| 2021 | Total Group Life | 0.01% | $317,045 | $0 | $1,195,323 | $0 | N/A |
| 2021 | Group Universal Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2021 | Group Ordinary Annuities | 0.02% | $317,045 | $0 | $1,104,975 | $0 | N/A |
| 2021 | Group Variable Annuities | 0.00% | $0 | $0 | $90,348 | $0 | N/A |
| 2021 | Group Modified Guaranteed Annuities | 0.00% | $0 | $0 | $0 | $0 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Health | 0.04% | 1 | 107 |
| 2023 | Life and Annuities | 0.77% | 3 | 52 |
| 2023 | Long-Term Care Insurance | 1.48% | 1 | 42 |
| 2022 | Health | 0.06% | 3 | 243 |
| 2022 | Life and Annuities | 0.74% | 3 | 56 |
| 2022 | Long-Term Care Insurance | 1.51% | 3 | 130 |
| 2021 | Health | 0.06% | 3 | 212 |
| 2021 | Life and Annuities | 0.77% | 2 | 34 |
| 2021 | Long-Term Care Insurance | 1.51% | 3 | 118 |
Company Changes
Effective Date: 12/31/2006
Comments: American Enterprise Life Insurance Company and American Partners Life Insurance Company merged with and into IDS Life Insurance Company, forming RiverSource Life Insurance Company.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.