Company Details

  RIVERSOURCE LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

65005


Phone Number:

612-671-3131


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
2020 Total Accident & Health 0.01% $4,814,358 $4,874,440 $6,640,234 $6,643,667 N/A
2020 Total Individual Accident & Health 0.02% $4,798,706 $4,858,550 $6,640,234 $6,643,667 N/A
2020 Individual Long Term Care 0.75% $3,707,207 $3,754,135 $6,390,571 $6,393,875 N/A
2020 Individual Disability Income 0.47% $1,091,499 $1,104,415 $249,663 $249,792 22.62 %
2020 Total Group Accident & Health 0.00% $15,652 $15,890 $0 $0 0.00 %
2020 Group Long Term Care 0.01% $15,652 $15,890 $0 $0 0.00 %
2020 Total Life 0.15% $62,673,884 $0 $157,485,426 $0 N/A
2020 Total Individual Life 0.32% $62,366,964 $0 $156,853,821 $0 N/A
2020 Individual Whole Life 0.00% $6,969 $0 $6,196 $0 N/A
2020 Individual Term Life 0.13% $1,647,072 $0 $1,464,391 $0 N/A
2020 Individual Universal Life 0.23% $3,878,749 $0 $6,492,793 $0 N/A
2020 Individual Variable Life 1.30% $5,920,542 $0 $5,024,597 $0 N/A
2020 Individual Ordinary Annuities 0.03% $791,707 $0 $18,316,775 $0 N/A
2020 Individual Variable Annuities 0.40% $35,344,332 $0 $125,536,806 $0 N/A
2020 Individual Modified Guaranteed Annuities 0.00% $0 $0 $0 $0 N/A
2020 Individual Equity Indexed Annuities 0.39% $14,445,286 $0 $12,263 $0 N/A
2020 Individual Deposit-Type Funds 0.24% $332,307 $0 $0 $0 N/A
2020 Total Group Life 0.00% $306,920 $0 $631,605 $0 N/A
2020 Group Universal Life 0.00% $0 $0 $0 $0 N/A
2020 Group Ordinary Annuities 0.01% $306,920 $0 $619,472 $0 N/A
2020 Group Variable Annuities 0.00% $0 $0 $12,133 $0 N/A
2020 Group Modified Guaranteed Annuities 0.00% $0 $0 $0 $0 N/A
2019 Total Accident & Health 0.01% $4,760,680 $4,808,897 $6,080,414 $6,055,300 N/A
2019 Total Individual Accident & Health 0.02% $4,745,593 $4,794,179 $6,080,414 $6,055,300 N/A
2019 Individual Long Term Care 0.71% $3,593,973 $3,641,670 $5,772,307 $5,748,466 N/A
2019 Individual Disability Income 0.46% $1,151,620 $1,152,509 $308,107 $306,834 26.62 %
2019 Total Group Accident & Health 0.00% $15,087 $14,718 $0 $0 0.00 %
2019 Group Long Term Care 0.01% $15,087 $14,718 $0 $0 0.00 %
2018 Total Accident & Health 0.01% $4,884,393 $4,913,405 $6,193,231 $6,312,685 N/A
2018 Total Individual Accident & Health 0.03% $4,870,651 $4,899,570 $6,192,493 $6,311,946 N/A
2018 Individual Long Term Care 0.71% $3,649,856 $3,688,443 $5,845,856 $5,958,622 N/A
2018 Individual Disability Income 0.52% $1,220,795 $1,211,127 $346,637 $353,324 29.17 %
2018 Total Group Accident & Health 0.00% $13,742 $13,835 $738 $739 5.34 %
2018 Group Long Term Care 0.01% $10,200 $10,287 $738 $739 7.18 %
2018 Group Disability Income 0.00% $3,542 $3,548 $0 $0 0.00 %

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2020 Health 0.05% 4 236
2020 Life and Annuities 0.76% 2 32
2020 Long-Term Care Insurance 1.48% 4 148
2019 Long-Term Care Insurance 1.47% 1 34
2019 Health 0.05% 1 53
2019 Life and Annuities 0.85% 1 12
2018 Health 0.06% 1 45
2018 Life and Annuities 0.88% 1 10
2018 Long-Term Care Insurance 1.45% 1 33


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.