Discontinued — last reported Q4 '22
Business Segments · Deferred Policy Acquisition Costs
Segment US Insurance Solutions — Deferred Policy Acquisition Costs
Principal Financial Group Segment US Insurance Solutions — Deferred Policy Acquisition Costs increased by 16.3% to $3.41B in Q4 2022 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2022
Rolls up toDeferred policy acquisition costs
How to read this metric
An increase suggests high investment in new business growth, while a decrease may indicate lower sales volume or accelerated write-offs.
Detailed definition
These are the capitalized costs directly related to the acquisition of new insurance business, such as commissions and u...
Peer comparison
Standard accounting practice for life insurers; peers report this as 'DAC' on the balance sheet.
Metric ID:
pfg_segment_segment_us_insurance_solutions_deferred_policy_acquisition_costsHistorical Data
2 periods
| Q4 '21 | Q4 '22 | |
|---|---|---|
| Value | $2.93B | $3.41B |
| QoQ Change | — | +16.3% |
| YoY Change | — | +16.3% |
Range$2.93B – $3.41B
Avg YoY Growth+16.3%
Median YoY Growth+16.3%
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Frequently Asked Questions
- What is Principal Financial Group's segment us insurance solutions — deferred policy acquisition costs?
- Principal Financial Group (PFG) reported segment us insurance solutions — deferred policy acquisition costs of $3.41B in Q4 2022.
- What does segment us insurance solutions — deferred policy acquisition costs mean?
- Capitalized costs of acquiring new insurance policies that are spread out over time.