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Principal Financial Group closes annuity reinsurance transaction

Principal Financial Group ® announced today that it has successfully closed its transaction to reinsure the company’ s in-force U.S. retail fixed annuity and universal life insurance with secondary guarantee blocks of business with an affiliate of Sixth Street and its insurance platform, Talcott Resolution. Under the agreement, the company has reinsured...
United States City Of United Kingdom Exchange Commission Principal Financial Services Inc Wells Fargo Bank

Principal Financial Group, inc (PFG) Q2 2021 Earnings Call Transcript

Operator Good morning, and welcome to the Principal Financial Groups Second Quarter Financial Results Conference Call. [Operator Instructions] I would now like to turn the conference call over to John Egan, Vice President of Investor Relations. John Egan -- Vice President of Investor Relations Thank you, and good morning. Welcome to Principal Financial Groups Second Quarter 2021 Conference Call. As always, materials related to todays call are available on our website at principal.com/investor....
United States John Egan Andrew Kligerman Tom Gallagher Evercore Reneev Schaaf Tom Gallagher
Source: fool.com

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Principal Financial Counters 1Q Losses With Strong Investment Gains

Principal Financial reported a strong quarter amid pandemic losses. COVID-19 claims continued to bite into earnings at Principal Financial, but the Des Moines, Iowa-based insurer rebounded with growth in other sectors. The company hosted analysts today for a first-quarter earnings call review of the numbers. Principal reported higher revenues across most of its business lines, lower expenses and higher assets under management (AUM). Operating revenues declined nearly 30% year over year to $3.1 ...
United States Des Moines John Hilton Income Solutions Us Insurance Solutions Wells Fargo Institutional Retirement

Principal Financial Group Inc (PFG) Q1 2021 Earnings Call Transcript

Principal Financial Group Inc (PFG) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Principal Financial Group Inc (NASDAQ: PFG) Q1 2021 Earnings Call Operator Good morning, and welcome to the Principal Financial Group First Quarter 2021 financial results conference call. There will be a question and answer period after the speakers have completed their prepared remarks. [Operator Instructions] I would now l...
United States Hong Kong Andrew Kligerman Tom Gallagher Evercore Tracy Benguigui John Barnidge
Source: msn.com

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