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Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Sep. 30, 2021
USD ($)
item
Dec. 31, 2020
USD ($)
item
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 10,647.8 $ 5,909.4
Fixed maturities, Less than twelve months, Gross unrealized losses 208.9 138.8
Fixed maturities, Greater than or equal to twelve months, Fair value 1,826.6 1,399.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 119.1 67.4
Fixed maturities, Total, Fair value 12,474.4 7,308.5
Fixed maturities, Total, Gross unrealized losses 328.0 206.2
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 400.1 351.1
Fixed maturities, Less than twelve months, Gross unrealized losses 14.9 10.4
Fixed maturities, Greater than or equal to twelve months, Fair value 150.8  
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 25.7  
Fixed maturities, Total, Fair value 550.9 351.1
Fixed maturities, Total, Gross unrealized losses 40.6 10.4
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 47.7  
Fixed maturities, Less than twelve months, Gross unrealized losses 0.8  
Fixed maturities, Total, Fair value 47.7  
Fixed maturities, Total, Gross unrealized losses 0.8  
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 632.3 363.5
Fixed maturities, Less than twelve months, Gross unrealized losses 10.9 12.5
Fixed maturities, Greater than or equal to twelve months, Fair value 245.1  
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 15.9  
Fixed maturities, Total, Fair value 877.4 363.5
Fixed maturities, Total, Gross unrealized losses 26.8 12.5
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 4,287.4 1,578.7
Fixed maturities, Less than twelve months, Gross unrealized losses 141.3 54.4
Fixed maturities, Greater than or equal to twelve months, Fair value 448.6 267.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 48.6 40.6
Fixed maturities, Total, Fair value 4,736.0 1,846.6
Fixed maturities, Total, Gross unrealized losses 189.9 95.0
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,229.4 92.3
Fixed maturities, Less than twelve months, Gross unrealized losses 15.9 0.2
Fixed maturities, Greater than or equal to twelve months, Fair value 21.8 1.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 0.6  
Fixed maturities, Total, Fair value 1,251.2 93.9
Fixed maturities, Total, Gross unrealized losses 16.5 0.2
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 480.6 970.9
Fixed maturities, Less than twelve months, Gross unrealized losses 4.9 22.1
Fixed maturities, Greater than or equal to twelve months, Fair value 321.6 137.4
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 14.1 12.2
Fixed maturities, Total, Fair value 802.2 1,108.3
Fixed maturities, Total, Gross unrealized losses 19.0 34.3
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,235.9 1,750.6
Fixed maturities, Less than twelve months, Gross unrealized losses 2.9 11.1
Fixed maturities, Greater than or equal to twelve months, Fair value 461.3 931.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 7.7 12.9
Fixed maturities, Total, Fair value 1,697.2 2,681.7
Fixed maturities, Total, Gross unrealized losses 10.6 24.0
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,334.4 802.3
Fixed maturities, Less than twelve months, Gross unrealized losses 17.3 28.1
Fixed maturities, Greater than or equal to twelve months, Fair value 177.4 61.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 6.5 1.7
Fixed maturities, Total, Fair value 2,511.8 863.4
Fixed maturities, Total, Gross unrealized losses 23.8 29.8
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 9,056.8 5,638.3
Fixed maturities, Less than twelve months, Gross unrealized losses 136.9 122.4
Fixed maturities, Greater than or equal to twelve months, Fair value 1,736.2 1,391.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 95.0 51.5
Fixed maturities, Total, Fair value 10,793.0 7,029.6
Fixed maturities, Total, Gross unrealized losses $ 231.9 $ 173.9
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) 91.00% 89.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) 98.00% 98.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 1,400 619
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 99.00% 98.00%
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 91.00% 89.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 124.8 $ 98.4
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 280 198
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 95.00% 96.00%
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 $ 25.5 $ 24.9
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) 94.00% 92.00%
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 $ 13.8 $ 11.9
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) 96.00% 92.00%
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 $ 7.7 $ 12.9
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) 98.00% 99.00%