Discontinued — last reported Q4 '24
Participating Life Insurance Policy — Deferred Policy Acquisition Costs
Principal Financial Group Participating Life Insurance Policy — Deferred Policy Acquisition Costs decreased by 2.1% to $77.80M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 8.1%, from $84.70M to $77.80M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
A growing balance generally indicates a expanding portfolio of long-term policies, while a shrinking balance may signal portfolio runoff or reduced new business activity.
Detailed definition
This metric represents the total unamortized balance of acquisition costs for participating life insurance policies reco...
Peer comparison
Equivalent to the 'Deferred Policy Acquisition Costs' (DAC) asset line item found on the balance sheets of life insurance companies.
pfg_segment_participating_life_insurance_policy_deferred_policy_acquisition_costsHistorical Data
| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $102.30M | $93.00M | $90.80M | $88.80M | $86.60M | $84.70M | $83.20M | $81.30M | $79.50M | $77.80M |
| QoQ Change | — | -9.1% | -2.4% | -2.2% | -2.5% | -2.2% | -1.8% | -2.3% | -2.2% | -2.1% |
| YoY Change | — | -9.1% | — | — | — | -8.9% | -8.4% | -8.4% | -8.2% | -8.1% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Principal Financial Group's participating life insurance policy — deferred policy acquisition costs?
- Principal Financial Group (PFG) reported participating life insurance policy — deferred policy acquisition costs of $77.80M in Q4 2024.
- How has Principal Financial Group's participating life insurance policy — deferred policy acquisition costs changed year-over-year?
- Principal Financial Group's participating life insurance policy — deferred policy acquisition costs decreased by 8.1% year-over-year, from $84.70M to $77.80M.
- What does participating life insurance policy — deferred policy acquisition costs mean?
- The total unamortized asset balance representing acquisition costs for participating life insurance policies.