Discontinued — last reported Q4 '22
Other
Assets Transferred In Kind For Reinsurance Amount
Principal Financial Group Assets Transferred In Kind For Reinsurance Amount remained flat by 0.0% to -$107.13M in Q4 2022 compared to the prior quarter.
Analysis
StatementCash Flow Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2022Feb 19, 2025
How to read this metric
Higher values indicate a significant shift of risk to third-party reinsurers using asset-based settlements, which can improve capital efficiency.
Detailed definition
Captures the value of assets transferred to a reinsurer as part of a reinsurance agreement, rather than through cash pay...
Peer comparison
Common in the insurance industry during large-scale risk transfer transactions or pension risk transfer deals.
Metric ID:
other_assets_transferred_in_kind_for_reinsurance_amountHistorical Data
1 years
| FY'22 | |
|---|---|
| Value | -$428.50M |
Assets Transferred In Kind For Reinsurance Amount at Other Companies
Frequently Asked Questions
- What is Principal Financial Group's assets transferred in kind for reinsurance amount?
- Principal Financial Group (PFG) reported assets transferred in kind for reinsurance amount of -$107.13M in Q4 2022.
- What does assets transferred in kind for reinsurance amount mean?
- The value of assets given to a reinsurer to cover insurance risks instead of paying cash.