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Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Dec. 31, 2024
USD ($)
security
Dec. 31, 2023
USD ($)
security
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 11,600.7 $ 6,667.6
Fixed maturities, Less than twelve months, Gross unrealized losses 273.4 180.0
Fixed maturities, Greater than or equal to twelve months, Fair value 34,766.6 41,511.0
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 6,201.8 5,692.9
Fixed maturities, Total, Fair value 46,367.3 48,178.6
Fixed maturities, Total, Gross unrealized losses 6,475.2 5,872.9
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 909.1 316.4
Fixed maturities, Less than twelve months, Gross unrealized losses 17.4 3.1
Fixed maturities, Greater than or equal to twelve months, Fair value 810.6 997.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 283.1 232.6
Fixed maturities, Total, Fair value 1,719.7 1,313.5
Fixed maturities, Total, Gross unrealized losses 300.5 235.7
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 32.9 41.9
Fixed maturities, Less than twelve months, Gross unrealized losses 1.3 1.7
Fixed maturities, Greater than or equal to twelve months, Fair value 308.8 331.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 83.2 57.9
Fixed maturities, Total, Fair value 341.7 373.2
Fixed maturities, Total, Gross unrealized losses 84.5 59.6
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 743.2 596.6
Fixed maturities, Less than twelve months, Gross unrealized losses 26.0 19.0
Fixed maturities, Greater than or equal to twelve months, Fair value 4,745.7 5,075.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 1,115.8 914.8
Fixed maturities, Total, Fair value 5,488.9 5,671.7
Fixed maturities, Total, Gross unrealized losses 1,141.8 933.8
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 4,970.7 3,210.1
Fixed maturities, Less than twelve months, Gross unrealized losses 164.2 126.9
Fixed maturities, Greater than or equal to twelve months, Fair value 20,099.1 22,929.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 3,532.3 3,064.4
Fixed maturities, Total, Fair value 25,069.8 26,139.2
Fixed maturities, Total, Gross unrealized losses 3,696.5 3,191.3
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,938.4 633.0
Fixed maturities, Less than twelve months, Gross unrealized losses 33.2 4.9
Fixed maturities, Greater than or equal to twelve months, Fair value 1,214.0 1,275.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 182.6 159.7
Fixed maturities, Total, Fair value 3,152.4 1,908.6
Fixed maturities, Total, Gross unrealized losses 215.8 164.6
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 691.7 280.3
Fixed maturities, Less than twelve months, Gross unrealized losses 8.2 4.1
Fixed maturities, Greater than or equal to twelve months, Fair value 3,860.1 4,192.4
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 442.6 650.1
Fixed maturities, Total, Fair value 4,551.8 4,472.7
Fixed maturities, Total, Gross unrealized losses 450.8 654.2
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 582.2 405.6
Fixed maturities, Less than twelve months, Gross unrealized losses 1.3 1.8
Fixed maturities, Greater than or equal to twelve months, Fair value 29.8 2,301.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 5.0 25.4
Fixed maturities, Total, Fair value 612.0 2,707.2
Fixed maturities, Total, Gross unrealized losses 6.3 27.2
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,732.5 1,183.7
Fixed maturities, Less than twelve months, Gross unrealized losses 21.8 18.5
Fixed maturities, Greater than or equal to twelve months, Fair value 3,698.5 4,408.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 557.2 588.0
Fixed maturities, Total, Fair value 5,431.0 5,592.5
Fixed maturities, Total, Gross unrealized losses 579.0 606.5
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 10,805.4 5,836.0
Fixed maturities, Less than twelve months, Gross unrealized losses 252.3 140.5
Fixed maturities, Greater than or equal to twelve months, Fair value 34,145.3 40,717.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 6,121.5 5,576.6
Fixed maturities, Total, Fair value 44,950.7 46,553.9
Fixed maturities, Total, Gross unrealized losses $ 6,373.8 $ 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 | security 1,747 983
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 98.00% 98.00%
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 96.00% 91.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 245.4 $ 131.2
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | security 6,219 7,042
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 | States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 1,108.0 $ 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) 81.00% 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 $ 3,470.0 $ 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 $ 441.5 $ 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) 90.00% 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 $ 490.8 $ 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) 83.00% 85.00%