Ameriprise Financial Inc

NYSE:AMPUnited States

Nov 14, 2024

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• AM Best Affirms Credit Ratings of Ameriprise Financial, Inc. and Its Subsidiaries, from 2:44PM ET on Thursday Nov 14, 2024 by Dow Jones

  2:44PM ET on Thursday Nov 14, 2024 by Dow Jones
  Companies Mentioned: AMP
  
  AM Best Affirms Credit Ratings of Ameriprise Financial, Inc. and Its Subsidiaries
  OLDWICK, N.J.--(BUSINESS WIRE)--November 14, 2024--
  AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "aa-" (Superior) of RiverSource Life Insurance Company (Minneapolis, MN) and its wholly owned subsidiary, RiverSource Life Insurance Co. of New York (Albany, NY). These companies represent the key life/health (L/H) insurance subsidiaries of Ameriprise Financial, Inc. (Ameriprise) (headquartered in Minneapolis, MN) [NYSE: AMP] and are collectively known as Ameriprise Financial Group. Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of "a+" (Excellent) of Ameriprise Captive Insurance Company (ACIC) (Burlington, VT), a property/casualty (P/C) subsidiary of Ameriprise. In addition, AM Best has affirmed the Long-Term ICR of "a-" (Excellent) and the existing Long-Term Issue Credit Ratings (Long-Term IRs) of Ameriprise. The outlook of all these Credit Ratings (ratings) is stable. (Please see below for a detailed listing of the Long-Term IRs.)
  

• Evercore ISI Adjusts Price Target on Ameriprise Financial to $613 From $490, Keeps In Line Rating, from 6:23AM ET on Thursday Nov 14, 2024 by MT Newswires

  6:23AM ET on Thursday Nov 14, 2024 by MT Newswires
  Companies Mentioned: AMP
  06:23 AM EST, 11/14/2024 (MT Newswires) -- Ameriprise Financial (AMP) has an average rating of outperform and price targets ranging from $415 to $630, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic re...