Universal Life — Deferred Policy Acquisition Cost Amortization Expense
Principal Financial Group Universal Life — Deferred Policy Acquisition Cost Amortization Expense increased by 0.4% to $23.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.8%, from $23.80M to $23.60M. Over 4 years (FY 2021 to FY 2025), Universal Life — Deferred Policy Acquisition Cost Amortization Expense shows relatively stable performance with a -0.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase reflects higher historical sales or a change in the expected life of the policy portfolio.
Detailed definition
This represents the periodic charge to the income statement reflecting the systematic recognition of previously capitali...
Peer comparison
Standard expense metric for insurance companies with long-duration contracts.
pfg_segment_universal_life_deferred_policy_acquisition_cost_amortization_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | 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 | $24.10M | $24.10M | $24.10M | $24.28M | $24.28M | $24.28M | $24.28M | $24.20M | $24.20M | $23.40M | $23.30M | $23.40M | $23.50M | $23.60M | $23.80M | $23.80M | $23.70M | $23.60M | $23.50M | $23.60M |
| QoQ Change | — | +0.0% | +0.0% | +0.7% | +0.0% | +0.0% | +0.0% | -0.3% | +0.0% | -3.3% | -0.4% | +0.4% | +0.4% | +0.4% | +0.8% | +0.0% | -0.4% | -0.4% | -0.4% | +0.4% |
| YoY Change | — | — | — | — | +0.7% | +0.7% | +0.7% | -0.3% | -0.3% | -3.6% | -4.0% | -3.3% | -2.9% | +0.9% | +2.1% | +1.7% | +0.9% | +0.0% | -1.3% | -0.8% |
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Frequently Asked Questions
- What is Principal Financial Group's universal life — deferred policy acquisition cost amortization expense?
- Principal Financial Group (PFG) reported universal life — deferred policy acquisition cost amortization expense of $23.60M in Q1 2026.
- How has Principal Financial Group's universal life — deferred policy acquisition cost amortization expense changed year-over-year?
- Principal Financial Group's universal life — deferred policy acquisition cost amortization expense decreased by 0.8% year-over-year, from $23.80M to $23.60M.
- What is the long-term trend for Principal Financial Group's universal life — deferred policy acquisition cost amortization expense?
- Over 4 years (2021 to 2025), Principal Financial Group's universal life — deferred policy acquisition cost amortization expense has grown at a -0.5% compound annual growth rate (CAGR), from $96.40M to $94.60M.
- What does universal life — deferred policy acquisition cost amortization expense mean?
- The portion of capitalized acquisition costs recognized as an expense during the period.