C
RIVERSOURCE LIFE INS CO OF NY
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
Loading...
Major Rating Factors: Fair quality investment portfolio (4.4 on a scale of 0 to 10). Fair overall results on stability tests (3.6). Good Liquidity (6.9) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors: Weak profitability (2.8) with investment income below regulatory standards in relation to interest assumptions of reserves. Strong capitalization (8.1) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors: I - Past results on our Investment Safety Index. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind annuities (60.9%), ind health (5.7%), group annuities (5.5%), other (27.9%)
Licensed in: NY
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Ameriprise Financial Inc
Investment Rating
AMP
Company Address
20 MADISON AVENUE EXTENSION
ALBANY, NY 12203
Phone Number
(612) 671-3131
NAIC Number
80594
Largest Affiliates
C
MINNEAPOLIS, MN - L&A
Weiss Ratings