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Schedule III - Supplementary Insurance Information
12 Months Ended
Dec. 31, 2022
Schedule III - Supplementary Insurance Information  
Schedule III - Supplementary Insurance Information

Schedule III - Supplementary Insurance Information

As of December 31, 2022 and 2021 and for each of the years ended December 31, 2022, 2021 and 2020

    

    

Contractholder

 

Deferred

Future policy

and other

 

acquisition

benefits and

policyholder

 

Segment

    

costs

    

claims

    

funds

 

(in millions)

 

2022:

Retirement and Income Solutions

$

1,271.5

$

28,322.9

$

35,262.8

Principal Global Investors

Principal International

7.5

4,275.1

942.3

U.S. Insurance Solutions

3,407.9

12,128.2

7,943.3

Corporate

148.7

(360.6)

Total

$

4,686.9

$

44,874.9

$

43,787.8

2021:

Retirement and Income Solutions

$

819.4

$

27,716.5

$

35,941.4

Principal Global Investors

Principal International

8.4

3,813.5

1,047.2

U.S. Insurance Solutions

2,929.7

12,262.1

8,039.6

Corporate

156.0

(359.2)

Total

$

3,757.5

$

43,948.1

$

44,669.0

Schedule III - Supplementary Insurance Information - (continued)

As of December 31, 2022 and 2021 and for each of the years ended December 31, 2022, 2021 and 2020

Amortization of

 

Premiums and

Net

Benefits, claims

deferred

Other 

 

other 

investment

and settlement

acquisition

operating

 

Segment

    

considerations

    

income (1)

    

expenses

    

costs

    

expenses (1)

 

(in millions)

 

2022:

Retirement and Income Solutions

$

1,959.7

$

2,252.2

$

3,228.6

$

134.2

$

1,606.8

Principal Global Investors

13.1

1,093.5

Principal International

77.7

818.7

697.5

1.0

432.6

U.S. Insurance Solutions

3,306.5

564.2

2,421.1

249.2

1,027.9

Corporate

(4.2)

182.2

23.6

420.7

Total

$

5,339.7

$

3,830.4

$

6,370.8

$

384.4

$

4,581.5

2021:

Retirement and Income Solutions

$

1,883.6

$

2,674.4

$

3,450.1

$

116.7

$

1,715.2

Principal Global Investors

3.9

1,128.6

Principal International

127.5

631.1

610.0

1.2

469.1

U.S. Insurance Solutions

2,830.4

917.1

3,031.7

167.5

998.2

Corporate

179.6

5.2

390.8

Total

$

4,841.5

$

4,406.1

$

7,097.0

$

285.4

$

4,701.9

2020:

Retirement and Income Solutions

$

3,221.0

$

2,457.9

$

4,899.4

$

82.2

$

1,578.2

Principal Global Investors

5.6

1,029.6

Principal International

156.6

446.8

440.7

1.2

416.8

U.S. Insurance Solutions

2,659.8

850.6

2,937.2

304.7

936.9

Corporate

129.7

4.2

296.9

Total

$

6,037.4

$

3,890.6

$

8,281.5

$

388.1

$

4,258.4

(1)Allocations of net investment income and certain operating expenses are based on a number of assumptions and estimates. Reported operating results would change by segment if different methods were applied.