RiverSource Life

RiverSource Life Insurance Company is the new name for one of the Amex insurance companies. RiverSource Life Insurance sells Permanent, Term, and Survivorship insurance primarily through independent agents and brokers. You can also purchase, Partial and Total Disability policies, and Fixed and Variable Annuity plans through the company.

UPDATED: Jun 8, 2021Fact Checked

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Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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Written by Jeffrey Johnson
Insurance Lawyer Jeffrey Johnson

UPDATED: Jun 8, 2021

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Company Details
Address: 829 Ameriprise Financial Center
City: Minneapolis
State: MN
ZIP Code: 55474
Phone Number: 800-333-3437
AM Best Rating: A+
URL where was collected the AM Best Rating: http://www.riversource.com/rvsc/global/docs/ratings-flyer-273930.pdf
Lines of Insurance: life, disability
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
Type of Insurance Company: Stock (parent)
Parent Company: Ameriprise Group
Top executive Contact: Mark Schwarzmann
Title of Top executive: CEO
Ticker Symbol: AMP (NYSE)
Assets & Premiums:

2006 Assets (parent): $474 billionS&P rating: AA- (very strong)Moody’s rating: Aa3 (excellent)Fitch rating: AA- (very strong)

Company Rating 1.67 (67 reviews)

Company Overview:



Company History: Parent, Ameriprise Financial, Inc 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 Life Insurance Co is the new name for one of the Amex insurance companies.

Principle Sales Methods: Independent agents and brokers.

Life Annuity Business: RiverSource Life Insurance Company sells permanent life insurance, term and survivorship insurance, partial and total disability policies, and fixed and variable annuity plans to individuals.

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