Products & Services · Deferred Policy Acquisition Costs Additions

Term Life Insurance — Deferred Policy Acquisition Costs Additions

Principal Financial Group Term Life Insurance — Deferred Policy Acquisition Costs Additions decreased by 7.8% to $17.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.6%, from $17.90M to $17.80M. Over 4 years (FY 2021 to FY 2025), Term Life Insurance — Deferred Policy Acquisition Costs Additions shows a downward trend with a -12.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

Higher additions indicate aggressive growth or high sales activity, while lower additions may signal a slowdown in new policy acquisition.

Detailed definition

This represents the total amount of new acquisition costs capitalized during the reporting period for term life insuranc...

Peer comparison

Commonly reported by life insurers as DAC additions.

Metric ID: pfg_segment_term_life_insurance_deferred_policy_acquisition_costs_additions

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$31.63M$31.63M$31.63M$16.68M$16.68M$16.68M$16.68M$16.60M$17.80M$18.10M$18.80M$18.40M$19.50M$21.00M$19.40M$17.90M$18.80M$19.60M$19.30M$17.80M
QoQ Change+0.0%+0.0%-47.3%+0.0%+0.0%+0.0%-0.4%+7.2%+1.7%+3.9%-2.1%+6.0%+7.7%-7.6%-7.7%+5.0%+4.3%-1.5%-7.8%
YoY Change-47.3%-47.3%-47.3%-0.4%+6.7%+8.5%+12.7%+10.8%+9.6%+16.0%+3.2%-2.7%-3.6%-6.7%-0.5%-0.6%
Range$16.60M$31.63M
CAGR-11.4%
Avg YoY Growth-5.5%
Median YoY Growth-0.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is Principal Financial Group's term life insurance — deferred policy acquisition costs additions?
Principal Financial Group (PFG) reported term life insurance — deferred policy acquisition costs additions of $17.80M in Q1 2026.
How has Principal Financial Group's term life insurance — deferred policy acquisition costs additions changed year-over-year?
Principal Financial Group's term life insurance — deferred policy acquisition costs additions decreased by 0.6% year-over-year, from $17.90M to $17.80M.
What is the long-term trend for Principal Financial Group's term life insurance — deferred policy acquisition costs additions?
Over 4 years (2021 to 2025), Principal Financial Group's term life insurance — deferred policy acquisition costs additions has grown at a -12.1% compound annual growth rate (CAGR), from $126.50M to $75.60M.
What does term life insurance — deferred policy acquisition costs additions mean?
The amount of new sales-related expenses capitalized during the period for term life insurance.