Discontinued — last reported Q4 '24
Products & Services · Deferred Policy Acquisition Costs
Universal Life — Deferred Policy Acquisition Costs
Principal Financial Group Universal Life — Deferred Policy Acquisition Costs decreased by 0.2% to $1.53B in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 1.1%, from $1.55B to $1.53B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2024
Rolls up toDeferred policy acquisition costs
How to read this metric
An increase suggests high investment in new business, while a decrease may indicate lower sales or faster amortization.
Detailed definition
Represents the capitalized costs associated with acquiring new insurance policies, such as commissions and underwriting...
Peer comparison
Standard accounting metric for life insurance companies under GAAP.
Metric ID:
pfg_segment_universal_life_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 | $1.60B | $1.57B | $1.56B | $1.56B | $1.55B | $1.55B | $1.54B | $1.54B | $1.53B | $1.53B |
| QoQ Change | — | -1.7% | -0.6% | -0.2% | -0.5% | -0.3% | -0.3% | -0.1% | -0.5% | -0.2% |
| YoY Change | — | -1.7% | — | — | — | -1.6% | -1.3% | -1.2% | -1.2% | -1.1% |
Range$1.53B – $1.60B
CAGR-1.9%
Avg YoY Growth-1.4%
Median YoY Growth-1.3%
Current Streak9+ quarters decline
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Frequently Asked Questions
- What is Principal Financial Group's universal life — deferred policy acquisition costs?
- Principal Financial Group (PFG) reported universal life — deferred policy acquisition costs of $1.53B in Q4 2024.
- How has Principal Financial Group's universal life — deferred policy acquisition costs changed year-over-year?
- Principal Financial Group's universal life — deferred policy acquisition costs decreased by 1.1% year-over-year, from $1.55B to $1.53B.
- What does universal life — deferred policy acquisition costs mean?
- The capitalized costs of acquiring new insurance customers, spread out over the life of the policies.