Products & Services · Separate Accounts Liability

Universal Life — Separate Accounts Liability

Principal Financial Group Universal Life — Separate Accounts Liability decreased by 3.4% to 754590000000.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.4%, from 671250000000.0% to 754590000000.0%. Over 2 years (FY 2023 to FY 2025), Universal Life — Separate Accounts Liability shows an upward trend with a 15.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryMarket Position
SignalHigher is better
VolatilityVolatile
First reportedQ4 2021
Last reportedQ1 2026

How to read this metric

Growth in this liability reflects increased assets under management in variable products and positive market performance.

Detailed definition

This represents the liability for assets held in separate accounts where the investment risk is borne by the policyholde...

Peer comparison

Standard reporting for variable insurance products across the industry.

Metric ID: pfg_segment_universal_life_separate_accounts_liability

Historical Data

15 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value588,610,000,000%501,100,000,000%525,420,000,000%558,360,000,000%541,630,000,000%598,250,000,000%638,630,000,000%649,850,000,000%680,750,000,000%680,670,000,000%671,250,000,000%733,790,000,000%766,890,000,000%780,790,000,000%754,590,000,000%
QoQ Change-14.9%+4.9%+6.3%-3.0%+10.5%+6.7%+1.8%+4.8%-0.0%-1.4%+9.3%+4.5%+1.8%-3.4%
YoY Change-14.9%+19.4%+21.5%+16.4%+25.7%+13.8%+5.1%+12.9%+12.7%+14.7%+12.4%
Range501,100,000,000%780,790,000,000%
CAGR+7.4%
Avg YoY Growth+12.7%
Median YoY Growth+13.8%

Frequently Asked Questions

What is Principal Financial Group's universal life — separate accounts liability?
Principal Financial Group (PFG) reported universal life — separate accounts liability of 754590000000.0% in Q1 2026.
How has Principal Financial Group's universal life — separate accounts liability changed year-over-year?
Principal Financial Group's universal life — separate accounts liability increased by 12.4% year-over-year, from 671250000000.0% to 754590000000.0%.
What is the long-term trend for Principal Financial Group's universal life — separate accounts liability?
Over 2 years (2023 to 2025), Principal Financial Group's universal life — separate accounts liability has grown at a 15.2% compound annual growth rate (CAGR), from 2223660000000.0% to 2952720000000.0%.
What does universal life — separate accounts liability mean?
The total liability for investment-linked insurance products where the policyholder bears the risk.