Principal Financial Group Universal Life — Policyholder Account Balance Net Amount At Risk decreased by 0.1% to $86.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.0%, from $86.00B to $86.00B. Over 2 years (FY 2023 to FY 2025), Universal Life — Policyholder Account Balance Net Amount At Risk shows relatively stable performance with a -0.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower net amount at risk reduces the company's mortality exposure and capital requirements.
The difference between the death benefit payable and the current policyholder account balance, representing the net insu...
Commonly reported as 'Net Amount at Risk' (NAR) in life insurance segment risk disclosures.
pfg_segment_universal_life_policyholder_account_balance_net_amount_at_risk| 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 | $86.55B | $86.34B | $86.55B | $86.49B | $86.67B | $86.27B | $86.09B | $85.99B | $86.14B | $86.00B | $86.19B | $86.09B | $86.09B | $86.00B |
| QoQ Change | — | -0.2% | +0.3% | -0.1% | +0.2% | -0.5% | -0.2% | -0.1% | +0.2% | -0.2% | +0.2% | -0.1% | +0.0% | -0.1% |
| YoY Change | — | — | — | — | +0.1% | -0.1% | -0.5% | -0.6% | -0.6% | -0.3% | +0.1% | +0.1% | -0.1% | +0.0% |