Segment Retirement And Income Solutions — Deferred Policy Acquisition Costs
Principal Financial Group Segment Retirement And Income Solutions — Deferred Policy Acquisition Costs increased by 0.8% to $1.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.4%, from $971.50M to $1.02B. Over 2 years (FY 2023 to FY 2025), Segment Retirement And Income Solutions — Deferred Policy Acquisition Costs shows relatively stable performance with a 3.8% CAGR.
Analysis
How to read this metric
An increase suggests higher investment in new business acquisition, while a decrease may indicate lower sales volume or a shift in product mix.
Detailed definition
This represents the capitalized costs directly associated with acquiring new insurance or annuity contracts that are exp...
Peer comparison
Commonly referred to as DAC in the insurance industry; peers report this as an asset on the balance sheet.
pfg_segment_segment_retirement_and_income_solutions_deferred_policy_acquisition_costsHistorical Data
| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $819.40M | $930.00M | $925.60M | $922.70M | $920.50M | $918.90M | $922.10M | $925.10M | $943.00M | $957.20M | $971.50M | $986.20M | $1.00B | $1.02B | $1.02B |
| QoQ Change | — | +13.5% | -0.5% | -0.3% | -0.2% | -0.2% | +0.3% | +0.3% | +1.9% | +1.5% | +1.5% | +1.5% | +1.4% | +1.6% | +0.8% |
| YoY Change | — | +13.5% | — | — | — | -1.2% | -0.4% | +0.3% | +2.4% | +4.2% | +5.4% | +6.6% | +6.1% | +6.2% | +5.4% |
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Frequently Asked Questions
- What is Principal Financial Group's segment retirement and income solutions — deferred policy acquisition costs?
- Principal Financial Group (PFG) reported segment retirement and income solutions — deferred policy acquisition costs of $1.02B in Q1 2026.
- How has Principal Financial Group's segment retirement and income solutions — deferred policy acquisition costs changed year-over-year?
- Principal Financial Group's segment retirement and income solutions — deferred policy acquisition costs increased by 5.4% year-over-year, from $971.50M to $1.02B.
- What is the long-term trend for Principal Financial Group's segment retirement and income solutions — deferred policy acquisition costs?
- Over 2 years (2023 to 2025), Principal Financial Group's segment retirement and income solutions — deferred policy acquisition costs has grown at a 3.8% compound annual growth rate (CAGR), from $3.69B to $3.97B.
- What does segment retirement and income solutions — deferred policy acquisition costs mean?
- Capitalized costs incurred to acquire new insurance and annuity business, amortized over the life of the policies.