Products & Services · Deferred Policy Acquisition Costs Additions

Universal Life — Deferred Policy Acquisition Costs Additions

Principal Financial Group Universal Life — Deferred Policy Acquisition Costs Additions decreased by 1.0% to $19.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.0%, from $22.00M to $19.80M. Over 4 years (FY 2021 to FY 2025), Universal Life — Deferred Policy Acquisition Costs Additions shows relatively stable performance with a -0.9% 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 sales growth or higher acquisition costs per policy.

Detailed definition

This represents the incremental costs incurred during the period to acquire new universal life insurance contracts that...

Peer comparison

Commonly reported as DAC additions in insurance financial statements.

Metric ID: pfg_segment_universal_life_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$21.08M$21.08M$21.08M$17.65M$17.65M$17.65M$17.65M$14.90M$20.80M$15.70M$19.30M$18.30M$21.20M$15.80M$21.40M$22.00M$21.40M$17.80M$20.00M$19.80M
QoQ Change+0.0%+0.0%-16.3%+0.0%+0.0%+0.0%-15.6%+39.6%-24.5%+22.9%-5.2%+15.8%-25.5%+35.4%+2.8%-2.7%-16.8%+12.4%-1.0%
YoY Change-16.3%-16.3%-16.3%-15.6%+17.8%-11.0%+9.3%+22.8%+1.9%+0.6%+10.9%+20.2%+0.9%+12.7%-6.5%-10.0%
Range$14.90M$22.00M
CAGR-1.3%
Avg YoY Growth+0.3%
Median YoY Growth+0.8%

Frequently Asked Questions

What is Principal Financial Group's universal life — deferred policy acquisition costs additions?
Principal Financial Group (PFG) reported universal life — deferred policy acquisition costs additions of $19.80M in Q1 2026.
How has Principal Financial Group's universal life — deferred policy acquisition costs additions changed year-over-year?
Principal Financial Group's universal life — deferred policy acquisition costs additions decreased by 10.0% year-over-year, from $22.00M to $19.80M.
What is the long-term trend for Principal Financial Group's universal life — deferred policy acquisition costs additions?
Over 4 years (2021 to 2025), Principal Financial Group's universal life — deferred policy acquisition costs additions has grown at a -0.9% compound annual growth rate (CAGR), from $84.30M to $81.20M.
What does universal life — deferred policy acquisition costs additions mean?
The amount of new acquisition costs capitalized during the reporting period.