AMERIPRISE FINANCIAL INC (AMP) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that AMERIPRISE FINANCIAL INC surfaced in its latest filing.

• We discontinued offering long-term care (LTC) products in 2003 but face long-duration coverage with emerging claims experience.2003
• In 2016, we finalized various confidential enhancements with Genworth Life Insurance Company shared with our Domiciliary Regulators and rating agencies.2016
• Investment management agreements with the Columbia Management family of mutual funds or other investment managers are terminable on 60 days' notice.
• Committed unsecured revolving credit facility or other bank debt is a backup financing source.
• Investment in privately placed fixed income securities, mortgage loans, and limited partnership interests represented 8% of the carrying value of our investment portfolio as of December 31, 2025.December 31, 2025
• We bear credit and performance risk with respect to Commonwealth and Genworth Life Insurance Company.
• We partially reinsured LTC policies at the time of underwriting and limit current stand-alone LTC offerings to policies fully underwritten by unaffiliated third-party insurers.
• We have implemented rate increases and provided reduced benefit options on certain in-force LTC policies.
• Ameriprise Financial is subject to supervision by the FRB as a Savings and Loan Holding Company.
• Regulatory restrictions on dividend payments from insurance, banking, brokerage, FCA-regulated asset management, and face-amount certificate subsidiaries.
• Compliance with the Volcker Rule impacts structure and availability of certain products and services and costs.