Products & Services · Policyholder Funds
Variable Annuity — Policyholder Funds
Principal Financial Group Variable Annuity — Policyholder Funds increased by 5.9% to $4.52B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 103.1%, from $2.23B to $4.52B. Over 2 years (FY 2023 to FY 2025), Variable Annuity — Policyholder Funds shows an upward trend with a 171.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2026
Rolls up toPolicyholder account balances
How to read this metric
An increase indicates growth in the annuity business, while a decrease may signal market volatility or net outflows.
Detailed definition
Represents the total value of assets held on behalf of policyholders within variable annuity contracts. This metric refl...
Peer comparison
Commonly reported as 'Separate Account Assets' or 'Variable Annuity Account Value' by insurance peers.
Metric ID:
pfg_segment_variable_annuity_policyholder_fundsHistorical Data
15 periods
| Q4 '21 | 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 | $380.90M | $381.40M | $366.10M | $375.40M | $436.60M | $519.40M | $638.90M | $838.00M | $1.30B | $1.91B | $2.23B | $2.76B | $3.25B | $4.27B | $4.52B |
| QoQ Change | — | +0.1% | -4.0% | +2.5% | +16.3% | +19.0% | +23.0% | +31.2% | +55.2% | +46.6% | +16.9% | +23.9% | +17.8% | +31.4% | +5.9% |
| YoY Change | — | +0.1% | — | — | — | +36.2% | +74.5% | +123.2% | +198.0% | +267.1% | +248.8% | +229.5% | +150.0% | +124.1% | +103.1% |
Range$366.10M – $4.52B
CAGR+102.8%
Avg YoY Growth+141.3%
Median YoY Growth+124.1%
Current Streak12 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Principal Financial Group's variable annuity — policyholder funds?
- Principal Financial Group (PFG) reported variable annuity — policyholder funds of $4.52B in Q1 2026.
- How has Principal Financial Group's variable annuity — policyholder funds changed year-over-year?
- Principal Financial Group's variable annuity — policyholder funds increased by 103.1% year-over-year, from $2.23B to $4.52B.
- What is the long-term trend for Principal Financial Group's variable annuity — policyholder funds?
- Over 2 years (2023 to 2025), Principal Financial Group's variable annuity — policyholder funds has grown at a 171.5% compound annual growth rate (CAGR), from $1.70B to $12.52B.
- What does variable annuity — policyholder funds mean?
- The total amount of money held in variable annuity accounts for policyholders.