Products & Services · Liability For Future Policy Benefits
Term Life Insurance — Liability For Future Policy Benefits
Principal Financial Group Term Life Insurance — Liability For Future Policy Benefits increased by 0.6% to $1.52B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.3%, from $1.30B to $1.52B. Over 2 years (FY 2023 to FY 2025), Term Life Insurance — Liability For Future Policy Benefits shows an upward trend with a 19.4% CAGR.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ1 2026
Rolls up toFuture policy benefits
How to read this metric
An increase reflects a growing obligation, which must be supported by adequate reserves and investment income.
Detailed definition
This represents the estimated present value of future benefit payments to policyholders, net of future premiums, for ter...
Peer comparison
A core liability metric for all life insurance and annuity providers.
Metric ID:
pfg_segment_term_life_insurance_liability_for_future_policy_benefitsHistorical Data
15 periods
| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.12B | $909.00M | $961.20M | $962.20M | $949.70M | $1.09B | $1.09B | $1.10B | $1.28B | $1.25B | $1.30B | $1.35B | $1.48B | $1.52B | $1.52B |
| QoQ Change | — | -18.7% | +5.7% | +0.1% | -1.3% | +14.3% | +0.6% | +1.0% | +16.4% | -2.8% | +4.1% | +3.8% | +10.0% | +2.1% | +0.6% |
| YoY Change | — | -18.7% | — | — | — | +19.5% | +13.6% | +14.7% | +35.2% | +14.9% | +18.9% | +22.3% | +15.6% | +21.5% | +17.3% |
Range$909.00M – $1.52B
CAGR+9.3%
Avg YoY Growth+15.9%
Median YoY Growth+17.3%
Current Streak5 quarters growth
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Frequently Asked Questions
- What is Principal Financial Group's term life insurance — liability for future policy benefits?
- Principal Financial Group (PFG) reported term life insurance — liability for future policy benefits of $1.52B in Q1 2026.
- How has Principal Financial Group's term life insurance — liability for future policy benefits changed year-over-year?
- Principal Financial Group's term life insurance — liability for future policy benefits increased by 17.3% year-over-year, from $1.30B to $1.52B.
- What is the long-term trend for Principal Financial Group's term life insurance — liability for future policy benefits?
- Over 2 years (2023 to 2025), Principal Financial Group's term life insurance — liability for future policy benefits has grown at a 19.4% compound annual growth rate (CAGR), from $3.96B to $5.65B.
- What does term life insurance — liability for future policy benefits mean?
- The total estimated amount the company owes for future life insurance claims.