Skip to content

Principal Financial Group PFG Term Life Insurance — Liability For Future Policy Benefits

Other product segments

Pension Risk Transfer
$26.78B+4.0%
Individual Disability
$1.98B+4.6%

Similar metrics at other companies

Primerica logo
PRITerm Life Insurance — Liability For Future Policy Benefits
$6.53B+1.5%
Horace Mann Educators logo
HMNTerm Life — Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment
$5.5M+89.7%
Primerica logo
PRITerm Life And Other — Liability For Future Policy Benefits
$6.73B+1.4%
Kemper logo
KMPRTerm Life Insurance — Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment
$57.5M-5.7%
Brighthouse Financial logo
BHFTerm and Whole Life Insurance — Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment
$107M-28.7%
Kemper logo
KMPRTerm Life Insurance — Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense
$41.7M-0.7%

Other financials

Income statement

See full
Revenue$3.5B-4.5%
Net income$424.6M+783%
EPS (diluted)$1.93+819%

Balance sheet

See full
Cash & equivalents$4.1B+4.6%
Total debt$3.9B-9.3%
Total equity$11.8B+5.3%
Total assets$332.70B+6.3%

Cash flow

See full
Operating cash flow$187.1M-80.9%

Valuation

See full
Market cap$23.28B+36.3%
Enterprise value$23.17B+33.5%
P/E14.9×-0.1×
P/S1.5×+0.4×

Profitability

See full
Net margin10.1%+3.2pp

Returns & leverage

See full
Return on equity13.6%+3.9pp
Debt / equity0.3×-0.1×

Where this comes from

Reported directly by Principal Financial Group in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefits.

The official record: Principal Financial Group’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Principal Financial Group's term life insurance — liability for future policy benefits.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

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 $1.3B 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?
This represents the estimated present value of future benefit payments to policyholders, net of future premiums, for term life insurance contracts. It is a critical actuarial liability that ensures the company can meet its long-term obligations. Changes in this balance reflect shifts in mortality assumptions, discount rates, and policyholder behavior.