Ameriprise 2015 Annual Report Download - page 204
Download and view the complete annual report
Please find page 204 of the 2015 Ameriprise annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194 -
195 -
196 -
197 -
198 -
199 -
200 -
201 -
202 -
203 -
204 -
205 -
206 -
207 -
208 -
209 -
210
 |
 |
The Parent Company has committed revolving credit agreements with its subsidiaries as the lender aggregating $1.0 billion
as of December 31, 2015.
The Parent Company and Ameriprise Certificate Company (‘‘ACC’’) entered into a Capital Support Agreement on March 2,
2009, pursuant to which the Parent Company agrees to commit such capital to ACC as is necessary to satisfy applicable
minimum capital requirements. Effective April 30, 2014, this agreement was amended to revise the maximum
commitment to $50 million. For the years ended December 31, 2015, 2014 and 2013, ACC did not draw upon the
Capital Support Agreement and had met all applicable capital requirements.
The Parent Company and IDS Property Casualty Insurance Company (‘‘IDS Property Casualty’’) entered into a Capital
Support Agreement on September 30, 2015, pursuant to which the Parent Company agrees to commit such capital to IDS
Property Casualty as is necessary to maintain IDS Property Casualty’s current financial strength ratings by AM Best. The
maximum capital amount is $150 million. Effective February 1, 2016, this agreement was amended to revise the
expiration date to be April 1, 2017. For the year ended December 31, 2015, IDS Property Casualty did not draw upon the
Capital Support Agreement.
Ameriprise Financial Services Inc. (‘‘AFSI’’) entered into a FINRA approved subrogation agreement with the Parent Company
on December 15, 2014 for regulatory net capital purposes. The agreement consists of a $200 million secured demand
note. The note is secured by cash and securities equal to the principal value of the note pledged by the Parent Company.
For the year ended December 31, 2015, AFSI had not made a demand of the principal amount.
F-7