Principal Financial Group Universal Life — Separate Account Liability Cash Surrender Value Amount decreased by 3.0% to 763840000000.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.5%, from 679240000000.0% to 763840000000.0%. Over 2 years (FY 2023 to FY 2025), Universal Life — Separate Account Liability Cash Surrender Value Amount shows an upward trend with a 15.2% CAGR.
A growing cash surrender value indicates a larger base of policyholder assets, but also higher potential liability if mass surrenders occur.
The total amount that policyholders would be entitled to receive if they were to terminate their separate account univer...
Standard industry metric for 'Cash Surrender Value' or 'Policyholder Liability' in life insurance.
pfg_segment_universal_life_separate_account_liability_cash_surrender_value_amount| 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 | 505,580,000,000% | 530,860,000,000% | 563,830,000,000% | 547,440,000,000% | 604,190,000,000% | 644,710,000,000% | 655,470,000,000% | 686,790,000,000% | 686,950,000,000% | 679,240,000,000% | 740,760,000,000% | 774,220,000,000% | 787,360,000,000% | 763,840,000,000% |
| QoQ Change | — | +5.0% | +6.2% | -2.9% | +10.4% | +6.7% | +1.7% | +4.8% | +0.0% | -1.1% | +9.1% | +4.5% | +1.7% | -3.0% |
| YoY Change | — | — | — | — | +19.5% | +21.4% | +16.3% | +25.5% | +13.7% | +5.4% | +13.0% | +12.7% | +14.6% | +12.5% |