Principal Financial Group Segment Benefits And Protection — Deferred Policy Acquisition Costs increased by 0.0% to $3.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.2%, from $3.02B to $3.02B.
An increase suggests higher investment in new business growth, while a decrease may indicate reduced sales activity or higher amortization rates.
Represents the capitalized costs associated with acquiring new insurance policies that are expected to be recovered from...
Commonly referred to as DAC in the insurance industry; peers report this to show long-term investment in customer acquisition.
pfg_segment_segment_benefits_and_protection_deferred_policy_acquisition_costs| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.01B | $2.97B | $2.98B | $2.99B | $3.02B | $3.04B | $3.02B | $3.02B | $3.02B | $3.02B | $3.02B |
| QoQ Change | — | -1.2% | +0.3% | +0.2% | +1.3% | +0.7% | -0.9% | +0.1% | +0.1% | +0.1% | +0.0% |
| YoY Change | — | — | — | — | +0.5% | +0.7% | — | — | — | -0.7% | +0.2% |