Discontinued — last reported Q2 '24

Products & Services · Policyholder Account Balance Policy Charge

Variable Annuity — Policyholder Account Balance Policy Charge

Principal Financial Group Variable Annuity — Policyholder Account Balance Policy Charge increased by 66.7% to $500.00K in Q2 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2024
Last reportedQ2 2024

How to read this metric

An increase suggests higher fee-based revenue generation from the existing policyholder base, while a decrease may indicate lower assets under management, reduced fee rates, or higher policy surrenders.

Detailed definition

This metric represents the fees and charges assessed against the account balances of variable annuity policyholders. The...

Peer comparison

Comparable to 'Fee Income' or 'Policy Charges' reported by other life insurance and retirement services companies within their annuity business segments.

Metric ID: pfg_segment_variable_annuity_policyholder_account_balance_policy_charge

Historical Data

2 periods
 Q1 '24Q2 '24
Value$300.00K$500.00K
QoQ Change+66.7%
Range$300.00K$500.00K

Frequently Asked Questions

What is Principal Financial Group's variable annuity — policyholder account balance policy charge?
Principal Financial Group (PFG) reported variable annuity — policyholder account balance policy charge of $500.00K in Q2 2024.
What does variable annuity — policyholder account balance policy charge mean?
The total fees collected from variable annuity policyholders for the management and administration of their accounts.