Principal Financial Group Variable Annuity — Policyholder Account Balance Guaranteed Minimum Credit Rating remained flat by 0.0% to $0.04 in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $0.04 to $0.04. Over 2 years (FY 2023 to FY 2025), Variable Annuity — Policyholder Account Balance Guaranteed Minimum Credit Rating shows relatively stable performance with a 0.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Maintaining high credit standards reduces the risk of default on guaranteed benefits, ensuring long-term solvency.
Refers to the minimum financial strength rating or credit quality threshold required for the underlying assets supportin...
Similar to 'Minimum Asset Quality' or 'Investment Grade Threshold' in insurance risk management disclosures.
pfg_segment_variable_annuity_policyholder_account_balance_guaranteed_minimum_credit_rating| 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 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |