Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


August 31, 2015 6:39 PM ET

Insurance

Company Overview of Riversource Life Insurance Company

Company Overview

RiverSource Life Insurance Company, a stock life insurance company, issues insurance and annuity products in the United States. It provides fixed and variable annuities; and variable universal life, fixed universal life, traditional whole life, term life, and disability income insurance products. The company is based in Minneapolis, Minnesota. RiverSource Life Insurance Company is a subsidiary of Ameriprise Financial, Inc.

1099 Ameriprise Financial Center

Minneapolis, MN 55474

United States

Phone:

612-671-3131

Key Executives for Riversource Life Insurance Company

Chairman, Principal Executive Officer and President
Age: 46
Chief Financial Officer, Executive Vice President and Director
Age: 44
Principal Accounting Officer, Senior Vice President, Controller and Vice President of American Express Financial Corporation
Age: 62
Executive Vice President of Annuities and Director
Vice President and Chief Actuary
Compensation as of Fiscal Year 2015.

Riversource Life Insurance Company Key Developments

Riversource Life Insurance Company Closes New York Office

Riversource Life Insurance Company announced that it is closing its Albany, New York office and laying off 29 employees under a move to consolidate operations in Minnesota. RiverSource Life Insurance of New York announced the layoffs in a filing with state regulators. The operation is relocating to Minneapolis, Minnesota and the employees in Albany, New York will receive severance packages and other assistance in finding new jobs. Existing life insurance customers in New York would receive service from the RiverSource headquarters in Minneapolis. Layoffs begin in late September. The Albany office closing is at 20 Madison Ave., though the company plans to retain space at the building to sustain a legal presence in New York.

Similar Private Companies By Industry

Company Name Region
Fetch, Inc. United States
Hannahstown Mutual Insurance Company United States
Colonial Mortgage Insurance Company United States
Excalibur Insurance Corporation United States
McKinley Financial Services, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Private Placement
August 4, 2015
Cabela's Incorporated
Private Placement
June 11, 2015
Waste Connections Inc.
Private Placement
April 30, 2015
Stericycle, Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Riversource Life Insurance Company, please visit www.riversource.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.