Ameriprise Continues Tilt Toward Variable Products: Earnings
May 4, 2021 by Allison Bell
Ameriprise Financial Inc. (AMP)is staying on the same path in the life insurance and annuity markets.
Executives at the Minneapolis-based financial services company said Tuesday that they are continuing to cope with low interest rates by focusing on the sale of variable products that are light on guarantees.
Jim Cracchiolo, the CEO, talked about life and annuity products during a conference call the company held to go over first-quarter earnings with securities analysts.