Ameriprise Continues to Shift Away From Life and Annuity Guarantees
October 31, 2022 by Allison Bell
Interest rates are rising, but Ameriprise Financial is still working to reduce exposure to life insurance and annuity guarantee risk.
Jim Cracchiolo, the CEO of the Minneapolis-based company, said Wednesday that he believes the Federal Reserve Board and other central banks will have to continue to increase interest rates to get inflation under control.
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Originally Posted at ThinkAdvisor on October 27, 2022 by Allison Bell.
Categories: Industry Articles