Discontinued — last reported Q4 '24
Products & Services · Deferred Policy Acquisition Costs
Individual Disability — Deferred Policy Acquisition Costs
Principal Financial Group Individual Disability — Deferred Policy Acquisition Costs increased by 0.8% to $696.90M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $667.70M to $696.90M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2024
Rolls up toDeferred policy acquisition costs
How to read this metric
An increasing balance suggests strong new business growth, while a declining balance may indicate lower sales or faster amortization of existing costs.
Detailed definition
This represents the capitalized costs directly associated with acquiring new insurance policies, such as commissions and...
Peer comparison
Standard accounting asset for insurance companies reflecting the deferral of acquisition expenses.
Metric ID:
pfg_segment_individual_disability_deferred_policy_acquisition_costsHistorical Data
10 periods
| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $580.70M | $626.10M | $635.00M | $646.20M | $658.00M | $667.70M | $676.20M | $683.60M | $691.10M | $696.90M |
| QoQ Change | — | +7.8% | +1.4% | +1.8% | +1.8% | +1.5% | +1.3% | +1.1% | +1.1% | +0.8% |
| YoY Change | — | +7.8% | — | — | — | +6.6% | +6.5% | +5.8% | +5.0% | +4.4% |
Range$580.70M – $696.90M
CAGR+8.4%
Avg YoY Growth+6.0%
Median YoY Growth+6.1%
Current Streak9+ quarters growth
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Frequently Asked Questions
- What is Principal Financial Group's individual disability — deferred policy acquisition costs?
- Principal Financial Group (PFG) reported individual disability — deferred policy acquisition costs of $696.90M in Q4 2024.
- How has Principal Financial Group's individual disability — deferred policy acquisition costs changed year-over-year?
- Principal Financial Group's individual disability — deferred policy acquisition costs increased by 4.4% year-over-year, from $667.70M to $696.90M.
- What does individual disability — deferred policy acquisition costs mean?
- The balance of upfront costs to acquire new insurance policies that are being spread out over the life of those policies.