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Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Jun. 30, 2024
USD ($)
item
Dec. 31, 2023
USD ($)
item
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 8,889.8 $ 6,667.6
Fixed maturities, Less than twelve months, Gross unrealized losses 265.7 180.0
Fixed maturities, Greater than or equal to twelve months, Fair value 38,613.6 41,511.0
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 6,404.3 5,692.9
Fixed maturities, Total, Fair value 47,503.4 48,178.6
Fixed maturities, Total, Gross unrealized losses 6,670.0 5,872.9
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 207.3 316.4
Fixed maturities, Less than twelve months, Gross unrealized losses 5.5 3.1
Fixed maturities, Greater than or equal to twelve months, Fair value 1,072.7 997.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 271.6 232.6
Fixed maturities, Total, Fair value 1,280.0 1,313.5
Fixed maturities, Total, Gross unrealized losses 277.1 235.7
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 41.5 41.9
Fixed maturities, Less than twelve months, Gross unrealized losses 3.1 1.7
Fixed maturities, Greater than or equal to twelve months, Fair value 320.7 331.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 72.0 57.9
Fixed maturities, Total, Fair value 362.2 373.2
Fixed maturities, Total, Gross unrealized losses 75.1 59.6
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 701.5 596.6
Fixed maturities, Less than twelve months, Gross unrealized losses 30.8 19.0
Fixed maturities, Greater than or equal to twelve months, Fair value 4,896.7 5,075.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 1,036.2 914.8
Fixed maturities, Total, Fair value 5,598.2 5,671.7
Fixed maturities, Total, Gross unrealized losses 1,067.0 933.8
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 4,481.0 3,210.1
Fixed maturities, Less than twelve months, Gross unrealized losses 196.3 126.9
Fixed maturities, Greater than or equal to twelve months, Fair value 21,460.7 22,929.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 3,692.0 3,064.4
Fixed maturities, Total, Fair value 25,941.7 26,139.2
Fixed maturities, Total, Gross unrealized losses 3,888.3 3,191.3
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,157.9 633.0
Fixed maturities, Less than twelve months, Gross unrealized losses 13.0 4.9
Fixed maturities, Greater than or equal to twelve months, Fair value 1,735.8 1,275.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 197.6 159.7
Fixed maturities, Total, Fair value 2,893.7 1,908.6
Fixed maturities, Total, Gross unrealized losses 210.6 164.6
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 476.5 280.3
Fixed maturities, Less than twelve months, Gross unrealized losses 3.0 4.1
Fixed maturities, Greater than or equal to twelve months, Fair value 4,165.1 4,192.4
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 516.3 650.1
Fixed maturities, Total, Fair value 4,641.6 4,472.7
Fixed maturities, Total, Gross unrealized losses 519.3 654.2
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 592.6 405.6
Fixed maturities, Less than twelve months, Gross unrealized losses 1.0 1.8
Fixed maturities, Greater than or equal to twelve months, Fair value 404.2 2,301.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 7.6 25.4
Fixed maturities, Total, Fair value 996.8 2,707.2
Fixed maturities, Total, Gross unrealized losses 8.6 27.2
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,231.5 1,183.7
Fixed maturities, Less than twelve months, Gross unrealized losses 13.0 18.5
Fixed maturities, Greater than or equal to twelve months, Fair value 4,557.7 4,408.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 611.0 588.0
Fixed maturities, Total, Fair value 5,789.2 5,592.5
Fixed maturities, Total, Gross unrealized losses 624.0 606.5
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 8,160.2 5,836.0
Fixed maturities, Less than twelve months, Gross unrealized losses 234.0 140.5
Fixed maturities, Greater than or equal to twelve months, Fair value 37,544.3 40,717.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 6,242.6 5,576.6
Fixed maturities, Total, Fair value 45,704.5 46,553.9
Fixed maturities, Total, Gross unrealized losses $ 6,476.6 $ 5,717.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Percent Investment Grade (as a percent) 97.00% 94.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) 88.00% 89.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 1,504 983
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 97.00% 98.00%
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 97.00% 91.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 225.4 $ 131.2
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 6,725 7,042
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 86.00% 88.00%
Principal Life Insurance Company | States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 1,027.7 $ 906.9
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 82.00% 85.00%
Principal Life Insurance Company | Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 3,556.5 $ 2,968.9
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 85.00% 88.00%
Principal Life Insurance Company | Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 512.7 $ 645.6
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 89.00% 87.00%
Principal Life Insurance Company | Collateralized mortgage obligation security    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 511.0 $ 472.9
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure    
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 84.00% 85.00%