Principal Financial Group Universal Life — Unearned Revenue Liability After Reinsurance increased by 2.2% to $324.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.2%, from $297.00M to $324.40M. Over 2 years (FY 2023 to FY 2025), Universal Life — Unearned Revenue Liability After Reinsurance shows an upward trend with a 10.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
A stable or growing net liability indicates consistent retained revenue obligations.
This represents the net unearned revenue liability remaining on the company's balance sheet after accounting for reinsur...
Standard net liability reporting in insurance.
pfg_segment_universal_life_unearned_revenue_liability_after_reinsurance| 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 | $231.10M | $239.20M | $246.90M | $253.70M | $260.40M | $267.80M | $275.50M | $282.00M | $289.30M | $297.00M | $304.10M | $310.60M | $317.30M | $324.40M |
| QoQ Change | — | +3.5% | +3.2% | +2.8% | +2.6% | +2.8% | +2.9% | +2.4% | +2.6% | +2.7% | +2.4% | +2.1% | +2.2% | +2.2% |
| YoY Change | — | — | — | — | +12.7% | +12.0% | +11.6% | +11.2% | +11.1% | +10.9% | +10.4% | +10.1% | +9.7% | +9.2% |