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RiverSource Life Ratings and Company Information
Best Insurance Reports: A+
Url of page where rating was collected: Click Here to Visit
Best Rating: A.M. Best rating: A+ (superior)
Type of Insurance Company: Stock (parent)
Name of Parent Company:
Company History: Parent, Ameriprise, was founded in 1894 as Investors' Syndicate, which became Investors Diversified Services and was purchased by American Express in 1984. Ameriprise became a separate, public company in 2005. RiverSource is the new name for one of the Amex insurance companies.
Principle Sales Methods: Independent agents and brokers.
Life Annuity Business: RiverSource Life sells Permanent, Term and Survivorship insurance, Partial and Total Disability policies, and Fixed and Variable Annuity plans to individuals.
Company Financial Status:
Ticker Symbol: AMP (NYSE)
Assets & Premiums: 2006 Assets (parent): $474 billion
S&P rating: AA- (very strong)
Moody's rating: Aa3 (excellent)
Fitch rating: AA- (very strong)
Lines of Insurance:
States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY