Discontinued — last reported Q1 '24

Products & Services · Separate Accounts Liability

Guaranteed Pension — Separate Accounts Liability

Principal Financial Group Guaranteed Pension — Separate Accounts Liability decreased by 3.0% to 13990000000.0% in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 84.9%, from 92880000000.0% to 13990000000.0%.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2024

How to read this metric

An increase suggests growth in the pension business, while a decrease may indicate contract maturities or shifts in asset allocation strategies.

Detailed definition

Represents the total financial obligation of the company related to separate account pension products where the investme...

Peer comparison

Similar to separate account liabilities reported by other major life insurers and pension providers.

Metric ID: pfg_segment_guaranteed_pension_separate_accounts_liability

Historical Data

7 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24
Value97,130,000,000%91,500,000,000%92,880,000,000%93,330,000,000%89,210,000,000%14,420,000,000%13,990,000,000%
QoQ Change-5.8%+1.5%+0.5%-4.4%-83.8%-3.0%
YoY Change-5.8%-84.2%-84.9%
Range13,990,000,000%97,130,000,000%
CAGR-72.5%
Avg YoY Growth-58.3%
Median YoY Growth-84.2%
Current Streak3 quarters decline

Frequently Asked Questions

What is Principal Financial Group's guaranteed pension — separate accounts liability?
Principal Financial Group (PFG) reported guaranteed pension — separate accounts liability of 13990000000.0% in Q1 2024.
How has Principal Financial Group's guaranteed pension — separate accounts liability changed year-over-year?
Principal Financial Group's guaranteed pension — separate accounts liability decreased by 84.9% year-over-year, from 92880000000.0% to 13990000000.0%.
What does guaranteed pension — separate accounts liability mean?
The total value of pension liabilities held in separate accounts for policyholders.