Benefits, Losses and Expenses
Principal Financial Group Benefits, Losses and Expenses decreased by 22.7% to $3.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.9%, from $3.67B to $3.05B. Over 4 years (FY 2021 to FY 2025), Benefits, Losses and Expenses shows an upward trend with a 3.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase often reflects higher claim frequency or severity, which can negatively impact underwriting margins.
Detailed definition
This captures the total outflows related to policyholder benefits, claims, and other associated insurance expenses. It r...
Peer comparison
This is a fundamental metric for insurance companies; peers are compared based on their loss ratios to determine underwriting discipline.
other_benefits_losses_and_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | 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 | $3.11B | $3.00B | $3.82B | $2.72B | $2.69B | $2.98B | $3.15B | $3.03B | $3.10B | $2.99B | $3.80B | $3.43B | $3.87B | $3.31B | $3.64B | $3.67B | $3.17B | $3.43B | $3.94B | $3.05B |
| QoQ Change | — | -3.6% | +27.5% | -28.9% | -0.9% | +10.8% | +5.6% | -3.9% | +2.4% | -3.5% | +26.9% | -9.8% | +12.9% | -14.5% | +10.1% | +0.8% | -13.6% | +8.4% | +14.8% | -22.7% |
| YoY Change | — | — | — | — | -13.3% | -0.4% | -17.5% | +11.6% | +15.2% | +0.3% | +20.4% | +13.0% | +24.6% | +10.4% | -4.2% | +7.0% | -18.1% | +3.9% | +8.3% | -16.9% |
Benefits, Losses and Expenses at Other Companies
Frequently Asked Questions
- What is Principal Financial Group's benefits, losses and expenses?
- Principal Financial Group (PFG) reported benefits, losses and expenses of $3.05B in Q1 2026.
- How has Principal Financial Group's benefits, losses and expenses changed year-over-year?
- Principal Financial Group's benefits, losses and expenses decreased by 16.9% year-over-year, from $3.67B to $3.05B.
- What is the long-term trend for Principal Financial Group's benefits, losses and expenses?
- Over 4 years (2021 to 2025), Principal Financial Group's benefits, losses and expenses has grown at a 3.2% compound annual growth rate (CAGR), from $12.52B to $14.21B.
- What does benefits, losses and expenses mean?
- The total costs associated with paying out insurance claims and managing policyholder benefits.