Discontinued — last reported Q4 '22

Business Segments · Goodwill Impairment

Segment US Insurance Solutions — Goodwill Impairment

Principal Financial Group Segment US Insurance Solutions — Goodwill Impairment remained flat by 0.0% to $6.78M in Q4 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ4 2022

How to read this metric

An increase signals poor performance or overvaluation of past acquisitions, which is negative for shareholder value.

Detailed definition

The charge recognized when the carrying amount of goodwill within the US Insurance Solutions segment exceeds its implied...

Peer comparison

Rare for healthy companies; peers typically report zero unless significant market shifts occur.

Metric ID: pfg_segment_segment_us_insurance_solutions_goodwill_impairment_loss

Historical Data

1 years
 FY'22
Value$27.10M

Frequently Asked Questions

What is Principal Financial Group's segment us insurance solutions — goodwill impairment?
Principal Financial Group (PFG) reported segment us insurance solutions — goodwill impairment of $6.78M in Q4 2022.
What does segment us insurance solutions — goodwill impairment mean?
A financial loss recorded when the value of previously acquired business assets is deemed to have declined.