Discontinued — last reported Q4 '24
Principal Financial Group Segment Principal Asset Management — Separate Accounts Liability decreased by 11.1% to $32.80B in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $34.72B to $32.80B. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in this liability generally tracks the growth of assets under management in segregated accounts, reflecting client demand for investment-linked products.
Represents the obligations owed to policyholders for assets held in separate accounts where the investment risk is borne...
Reported by insurance-based asset managers as 'Separate Account Liabilities' or 'Unit-Linked Liabilities'.
pfg_segment_segment_principal_asset_management_separate_accounts_liability| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $34.23B | $36.31B | $36.22B | $32.57B | $34.72B | $32.55B | $32.85B | $36.90B | $32.80B |
| QoQ Change | — | +6.1% | -0.3% | -10.1% | +6.6% | -6.3% | +0.9% | +12.3% | -11.1% |
| YoY Change | — | — | — | — | +1.4% | -10.4% | -9.3% | +13.3% | -5.5% |