Business Segments · Deferred Policy Acquisition Costs

Segment Benefits And Protection — Deferred Policy Acquisition Costs

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.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ1 2026

How to read this metric

An increase suggests higher investment in new business growth, while a decrease may indicate reduced sales activity or higher amortization rates.

Detailed definition

Represents the capitalized costs associated with acquiring new insurance policies that are expected to be recovered from...

Peer comparison

Commonly referred to as DAC in the insurance industry; peers report this to show long-term investment in customer acquisition.

Metric ID: pfg_segment_segment_benefits_and_protection_deferred_policy_acquisition_costs

Historical Data

11 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$2.97B$3.04B
CAGR+0.2%
Avg YoY Growth+0.2%
Median YoY Growth+0.4%
Current Streak4 quarters growth

Frequently Asked Questions

What is Principal Financial Group's segment benefits and protection — deferred policy acquisition costs?
Principal Financial Group (PFG) reported segment benefits and protection — deferred policy acquisition costs of $3.02B in Q1 2026.
How has Principal Financial Group's segment benefits and protection — deferred policy acquisition costs changed year-over-year?
Principal Financial Group's segment benefits and protection — deferred policy acquisition costs increased by 0.2% year-over-year, from $3.02B to $3.02B.
What does segment benefits and protection — deferred policy acquisition costs mean?
Capitalized costs incurred to acquire new insurance policies, amortized over the policy's life.