Discontinued — last reported Q4 '25

Non-Current Assets

Policy loans

Principal Financial Group Policy loans increased by 0.7% to $873.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.3%, from $875.70M to $873.10M. Over 5 years (FY 2020 to FY 2025), Policy loans shows an upward trend with a 2.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2025

How to read this metric

Growth in policy loans can indicate customer demand for liquidity, while stability reflects a predictable, low-risk income stream.

Detailed definition

These are loans extended to life insurance policyholders, secured by the cash surrender value of their policies. These l...

Peer comparison

Commonly reported by insurance companies and wealth management firms with insurance-based product offerings.

Metric ID: ins_policy_loans

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$772.20M$762.10M$759.60M$766.70M$766.60M$766.20M$784.70M$788.00M$807.20M$799.30M$809.30M$818.60M$818.20M$836.90M$867.50M$875.70M$873.70M$870.70M$866.70M$873.10M
QoQ Change-1.3%-0.3%+0.9%-0.0%-0.1%+2.4%+0.4%+2.4%-1.0%+1.3%+1.1%-0.0%+2.3%+3.7%+0.9%-0.2%-0.3%-0.5%+0.7%
YoY Change-0.7%+0.5%+3.3%+2.8%+5.3%+4.3%+3.1%+3.9%+1.4%+4.7%+7.2%+7.0%+6.8%+4.0%-0.1%-0.3%
Range$759.60M$875.70M
CAGR+2.6%
Avg YoY Growth+3.3%
Median YoY Growth+3.6%

Frequently Asked Questions

What is Principal Financial Group's policy loans?
Principal Financial Group (PFG) reported policy loans of $873.10M in Q1 2026.
How has Principal Financial Group's policy loans changed year-over-year?
Principal Financial Group's policy loans decreased by 0.3% year-over-year, from $875.70M to $873.10M.
What is the long-term trend for Principal Financial Group's policy loans?
Over 5 years (2020 to 2025), Principal Financial Group's policy loans has grown at a 2.0% compound annual growth rate (CAGR), from $784.00M to $866.70M.
What does policy loans mean?
Loans given to insurance customers that are backed by the value of their own life insurance policies.