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Principal Financial Counters 1Q Losses With Strong Investment Gains - Vimarsana News

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 billion due to lower premiums and other considerations. Total expenses decreased 38.6% year over yea...

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

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 like to turn the conference over to John Egan, Vice President of Investor Relations.SPONSORED: 10 st...

Source: msn.com