Discontinued — last reported Q4 '24
Products & Services · Deferred Policy Acquisition Costs
Term Life Insurance — Deferred Policy Acquisition Costs
Principal Financial Group Term Life Insurance — Deferred Policy Acquisition Costs increased by 0.6% to $710.80M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $695.10M to $710.80M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2024
Rolls up toDeferred policy acquisition costs
How to read this metric
An increasing balance suggests strong new business growth, while a decreasing balance may indicate lower sales activity or faster amortization.
Detailed definition
This represents the capitalized costs directly associated with acquiring new term life insurance policies, such as commi...
Peer comparison
Standard accounting asset for life insurers; peers track this to measure the efficiency of customer acquisition.
Metric ID:
pfg_segment_term_life_insurance_deferred_policy_acquisition_costsHistorical Data
10 periods
| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $678.90M | $685.70M | $687.10M | $689.50M | $692.10M | $695.10M | $697.60M | $701.20M | $706.80M | $710.80M |
| QoQ Change | — | +1.0% | +0.2% | +0.3% | +0.4% | +0.4% | +0.4% | +0.5% | +0.8% | +0.6% |
| YoY Change | — | +1.0% | — | — | — | +1.4% | +1.5% | +1.7% | +2.1% | +2.3% |
Range$678.90M – $710.80M
CAGR+2.1%
Avg YoY Growth+1.7%
Median YoY Growth+1.6%
Current Streak9+ quarters growth
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Frequently Asked Questions
- What is Principal Financial Group's term life insurance — deferred policy acquisition costs?
- Principal Financial Group (PFG) reported term life insurance — deferred policy acquisition costs of $710.80M in Q4 2024.
- How has Principal Financial Group's term life insurance — deferred policy acquisition costs changed year-over-year?
- Principal Financial Group's term life insurance — deferred policy acquisition costs increased by 2.3% year-over-year, from $695.10M to $710.80M.
- What does term life insurance — deferred policy acquisition costs mean?
- The balance of upfront costs to acquire new insurance customers that are spread out over the life of the policy.