Principal Financial Group Universal Life — Deferred Policy Acquisition Costs Additions decreased by 1.0% to $19.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.0%, from $22.00M to $19.80M. Over 4 years (FY 2021 to FY 2025), Universal Life — Deferred Policy Acquisition Costs Additions shows relatively stable performance with a -0.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher additions indicate aggressive sales growth or higher acquisition costs per policy.
This represents the incremental costs incurred during the period to acquire new universal life insurance contracts that...
Commonly reported as DAC additions in insurance financial statements.
pfg_segment_universal_life_deferred_policy_acquisition_costs_additions| 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 | $21.08M | $21.08M | $21.08M | $17.65M | $17.65M | $17.65M | $17.65M | $14.90M | $20.80M | $15.70M | $19.30M | $18.30M | $21.20M | $15.80M | $21.40M | $22.00M | $21.40M | $17.80M | $20.00M | $19.80M |
| QoQ Change | — | +0.0% | +0.0% | -16.3% | +0.0% | +0.0% | +0.0% | -15.6% | +39.6% | -24.5% | +22.9% | -5.2% | +15.8% | -25.5% | +35.4% | +2.8% | -2.7% | -16.8% | +12.4% | -1.0% |
| YoY Change | — | — | — | — | -16.3% | -16.3% | -16.3% | -15.6% | +17.8% | -11.0% | +9.3% | +22.8% | +1.9% | +0.6% | +10.9% | +20.2% | +0.9% | +12.7% | -6.5% | -10.0% |