What is Principal Financial Group's segment us insurance solutions — goodwill?

Principal Financial Group (PFG) reported segment us insurance solutions — goodwill of $29.50M in Q4 2022.

What does segment us insurance solutions — goodwill mean?

The value of intangible assets like brand and customer loyalty acquired through business purchases within the insurance segment.

Discontinued — last reported Q4 '22

Business Segments · Goodwill

Segment US Insurance Solutions — Goodwill

Principal Financial Group Segment US Insurance Solutions — Goodwill decreased by 47.9% to $29.50M in Q4 2022 compared to the prior quarter.

Analysis

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2013

Last reportedQ4 2022

Rolls up toGoodwill

How to read this metric

An increase suggests recent acquisitions, while a decrease may indicate write-downs or divestitures.

Detailed definition

Represents the intangible asset value recorded when the US Insurance Solutions segment acquires another business for a p...

Peer comparison

Standard across insurance peers; typically represents a significant portion of total segment assets.

Metric ID: pfg_segment_segment_us_insurance_solutions_goodwill

Historical Data

2 periods

	Q4 '21	Q4 '22
Value	$56.60M	$29.50M
QoQ Change	—	-47.9%
YoY Change	—	-47.9%

Range$29.50M – $56.60M

Avg YoY Growth-47.9%

Median YoY Growth-47.9%

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Frequently Asked Questions

What is Principal Financial Group's segment us insurance solutions — goodwill?: Principal Financial Group (PFG) reported segment us insurance solutions — goodwill of $29.50M in Q4 2022.
What does segment us insurance solutions — goodwill mean?: The value of intangible assets like brand and customer loyalty acquired through business purchases within the insurance segment.