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Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Jun. 30, 2020
USD ($)
item
Dec. 31, 2019
USD ($)
item
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 10,186.8 $ 5,390.1
Fixed maturities, Less than twelve months, Gross unrealized losses 535.1 63.0
Fixed maturities, Greater than or equal to twelve months, Fair value 1,182.9 3,134.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 73.0 61.0
Fixed maturities, Total, Fair value 11,369.7 8,525.0
Fixed maturities, Total, Gross unrealized losses 608.1 124.0
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 30.1 100.0
Fixed maturities, Less than twelve months, Gross unrealized losses 0.2 1.9
Fixed maturities, Greater than or equal to twelve months, Fair value   74.2
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses   1.1
Fixed maturities, Total, Fair value 30.1 174.2
Fixed maturities, Total, Gross unrealized losses 0.2 3.0
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2.6 17.6
Fixed maturities, Less than twelve months, Gross unrealized losses   0.2
Fixed maturities, Greater than or equal to twelve months, Fair value   12.4
Fixed maturities, Total, Fair value 2.6 30.0
Fixed maturities, Total, Gross unrealized losses   0.2
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 460.5 559.9
Fixed maturities, Less than twelve months, Gross unrealized losses 18.1 11.2
Fixed maturities, Greater than or equal to twelve months, Fair value 21.0 86.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses   0.4
Fixed maturities, Total, Fair value 481.5 646.2
Fixed maturities, Total, Gross unrealized losses 18.1 11.6
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 3,521.5 1,041.5
Fixed maturities, Less than twelve months, Gross unrealized losses 248.4 27.8
Fixed maturities, Greater than or equal to twelve months, Fair value 149.7 394.7
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 26.8 24.4
Fixed maturities, Total, Fair value 3,671.2 1,436.2
Fixed maturities, Total, Gross unrealized losses 275.2 52.2
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 195.0 429.6
Fixed maturities, Less than twelve months, Gross unrealized losses 0.4 1.4
Fixed maturities, Greater than or equal to twelve months, Fair value 3.2 237.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses   2.4
Fixed maturities, Total, Fair value 198.2 666.9
Fixed maturities, Total, Gross unrealized losses 0.4 3.8
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,507.8 829.3
Fixed maturities, Less than twelve months, Gross unrealized losses 134.3 9.2
Fixed maturities, Greater than or equal to twelve months, Fair value 151.3 268.5
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 15.5 14.8
Fixed maturities, Total, Fair value 2,659.1 1,097.8
Fixed maturities, Total, Gross unrealized losses 149.8 24.0
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,483.8 639.4
Fixed maturities, Less than twelve months, Gross unrealized losses 62.2 1.8
Fixed maturities, Greater than or equal to twelve months, Fair value 776.7 1,447.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 27.3 12.5
Fixed maturities, Total, Fair value 3,260.5 2,087.2
Fixed maturities, Total, Gross unrealized losses 89.5 14.3
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 985.5 1,772.8
Fixed maturities, Less than twelve months, Gross unrealized losses 71.5 9.5
Fixed maturities, Greater than or equal to twelve months, Fair value 81.0 613.7
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 3.4 5.4
Fixed maturities, Total, Fair value 1,066.5 2,386.5
Fixed maturities, Total, Gross unrealized losses 74.9 14.9
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 9,843.7 5,302.7
Fixed maturities, Less than twelve months, Gross unrealized losses 502.1 44.0
Fixed maturities, Greater than or equal to twelve months, Fair value 1,175.2 3,078.0
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 72.5 59.9
Fixed maturities, Total, Fair value 11,018.9 8,380.7
Fixed maturities, Total, Gross unrealized losses $ 574.6 $ 103.9
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) 81.00% 97.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) | item 95 99
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 1,286 882
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) | item 95 99
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 80.00% 98.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 347.5 $ 43.1
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 196 502
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) | item 94 98
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 $ 26.8 $ 23.6
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) | item 85 94
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   $ 14.6
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) | item   95
Principal Life Insurance Company | Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 27.1  
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) | item 97