Principal Financial Group Variable Annuity — Separate Accounts Liability decreased by 6.7% to 686780000000.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.5%, from 776000000000.0% to 686780000000.0%. Over 2 years (FY 2023 to FY 2025), Variable Annuity — Separate Accounts Liability shows a downward trend with a -7.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in this liability generally reflects successful asset accumulation and market appreciation within the variable annuity segment.
The total obligation owed to variable annuity policyholders whose funds are invested in separate accounts, where the inv...
Standard reporting for insurance companies offering variable products with segregated assets.
pfg_segment_variable_annuity_separate_accounts_liability| 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 | 1,100,000,000,000% | 865,900,000,000% | 891,030,000,000% | 910,330,000,000% | 857,430,000,000% | 913,190,000,000% | 931,900,000,000% | 903,780,000,000% | 898,320,000,000% | 833,490,000,000% | 776,000,000,000% | 770,760,000,000% | 767,620,000,000% | 736,490,000,000% | 686,780,000,000% |
| QoQ Change | — | -21.3% | +2.9% | +2.2% | -5.8% | +6.5% | +2.0% | -3.0% | -0.6% | -7.2% | -6.9% | -0.7% | -0.4% | -4.1% | -6.7% |
| YoY Change | — | -21.3% | — | — | — | +5.5% | +4.6% | -0.7% | +4.8% | -8.7% | -16.7% | -14.7% | -14.5% | -11.6% | -11.5% |