Universal Life — Policyholder Funds After Reinsurance
Principal Financial Group Universal Life — Policyholder Funds After Reinsurance increased by 0.7% to $3.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $3.72B to $3.85B. Over 2 years (FY 2023 to FY 2025), Universal Life — Policyholder Funds After Reinsurance shows relatively stable performance with a 4.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher values indicate a larger retained book of business, which can drive long-term fee and spread income.
Detailed definition
The net value of policyholder funds held by the company after accounting for reinsurance cessions. This represents the c...
Peer comparison
Comparable to 'Net Policyholder Liabilities' or 'Retained Account Balances' across the life insurance industry.
pfg_segment_universal_life_policyholder_funds_after_reinsuranceHistorical Data
| 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 | $3.42B | $3.42B | $3.44B | $3.46B | $3.51B | $3.56B | $3.58B | $3.64B | $3.72B | $3.72B | $3.72B | $3.77B | $3.82B | $3.85B |
| QoQ Change | — | -0.0% | +0.6% | +0.6% | +1.5% | +1.2% | +0.8% | +1.5% | +2.3% | +0.0% | +0.1% | +1.3% | +1.3% | +0.7% |
| YoY Change | — | — | — | — | +2.8% | +4.0% | +4.2% | +5.1% | +5.9% | +4.7% | +3.9% | +3.8% | +2.7% | +3.5% |
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Frequently Asked Questions
- What is Principal Financial Group's universal life — policyholder funds after reinsurance?
- Principal Financial Group (PFG) reported universal life — policyholder funds after reinsurance of $3.85B in Q1 2026.
- How has Principal Financial Group's universal life — policyholder funds after reinsurance changed year-over-year?
- Principal Financial Group's universal life — policyholder funds after reinsurance increased by 3.5% year-over-year, from $3.72B to $3.85B.
- What is the long-term trend for Principal Financial Group's universal life — policyholder funds after reinsurance?
- Over 2 years (2023 to 2025), Principal Financial Group's universal life — policyholder funds after reinsurance has grown at a 4.3% compound annual growth rate (CAGR), from $13.83B to $15.04B.
- What does universal life — policyholder funds after reinsurance mean?
- Total policyholder funds retained by the company after reinsurance.