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
2022 Total Accident & Health 0.01% $4,599,870 $4,970,757 $6,713,534 $6,757,421 N/A
2022 Total Individual Accident & Health 0.02% $4,591,804 $4,962,133 $6,712,081 $6,755,952 N/A
2022 Individual Long Term Care 0.74% $3,593,329 $3,956,840 $6,569,637 $6,612,577 N/A
2022 Individual Disability Income 0.44% $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 0.01% $8,066 $8,624 $1,453 $1,469 17.03 %
2022 Total Life 0.19% $74,643,171 $0 $166,661,433 $0 N/A
2022 Total Individual Life 0.29% $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 0.11% $1,676,246 $0 $683,359 $0 N/A
2022 Individual Universal Life 0.21% $3,710,883 $0 $4,764,167 $0 N/A
2022 Individual Variable Life 1.35% $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 0.26% $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 0.60% $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 0.00% $248,820 $0 $283,009 $0 N/A
2022 Group Universal Life 0.00% $0 $0 $0 $0 N/A
2022 Group Ordinary Annuities 0.01% $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 0.01% $4,710,735 $4,754,231 $6,559,725 $6,619,999 N/A
2021 Total Individual Accident & Health 0.02% $4,669,765 $4,712,733 $6,559,725 $6,619,999 N/A
2021 Individual Long Term Care 0.70% $3,643,012 $3,687,841 $6,342,269 $6,400,545 N/A
2021 Individual Disability Income 0.44% $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 0.03% $40,970 $41,498 $0 $0 0.00 %
2021 Total Life 0.26% $91,725,086 $0 $194,947,393 $0 N/A
2021 Total Individual Life 0.41% $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 0.12% $1,634,669 $0 $1,289,535 $0 N/A
2021 Individual Universal Life 0.23% $4,098,441 $0 $4,393,661 $0 N/A
2021 Individual Variable Life 1.31% $6,732,132 $0 $6,126,321 $0 N/A
2021 Individual Ordinary Annuities 0.01% $305,302 $0 $23,030,113 $0 N/A
2021 Individual Variable Annuities 0.56% $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 0.60% $29,386,465 $0 $504,550 $0 N/A
2021 Individual Deposit-Type Funds 0.06% $83,772 $0 $0 $0 N/A
2021 Total Group Life 0.00% $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 0.01% $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.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2022 Health 0.06% 3 243
2022 Life and Annuities 0.74% 3 56
2022 Long-Term Care Insurance 1.51% 3 130
2021 Long-Term Care Insurance 1.51% 3 118
2021 Health 0.06% 3 212
2021 Life and Annuities 0.77% 2 34


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.