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Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Sep. 30, 2023
USD ($)
item
Dec. 31, 2022
USD ($)
item
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 13,826.5 $ 45,651.0
Fixed maturities, Less than twelve months, Gross unrealized losses 818.9 6,183.1
Fixed maturities, Greater than or equal to twelve months, Fair value 40,232.1 8,850.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 8,415.0 1,695.2
Fixed maturities, Total, Fair value 54,058.6 54,501.9
Fixed maturities, Total, Gross unrealized losses 9,233.9 7,878.3
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 391.1 1,528.3
Fixed maturities, Less than twelve months, Gross unrealized losses 11.5 209.4
Fixed maturities, Greater than or equal to twelve months, Fair value 1,052.8 181.5
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 302.0 41.8
Fixed maturities, Total, Fair value 1,443.9 1,709.8
Fixed maturities, Total, Gross unrealized losses 313.5 251.2
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 55.2 407.5
Fixed maturities, Less than twelve months, Gross unrealized losses 6.6 57.7
Fixed maturities, Greater than or equal to twelve months, Fair value 307.9 19.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 80.8 7.1
Fixed maturities, Total, Fair value 363.1 427.4
Fixed maturities, Total, Gross unrealized losses 87.4 64.8
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,258.4 5,303.5
Fixed maturities, Less than twelve months, Gross unrealized losses 106.6 1,008.9
Fixed maturities, Greater than or equal to twelve months, Fair value 4,756.6 391.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 1,348.9 127.8
Fixed maturities, Total, Fair value 6,015.0 5,695.4
Fixed maturities, Total, Gross unrealized losses 1,455.5 1,136.7
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 7,731.5 27,309.5
Fixed maturities, Less than twelve months, Gross unrealized losses 548.3 3,944.6
Fixed maturities, Greater than or equal to twelve months, Fair value 21,781.1 2,944.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 4,872.0 698.0
Fixed maturities, Total, Fair value 29,512.6 30,253.6
Fixed maturities, Total, Gross unrealized losses 5,420.3 4,642.6
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,427.7 1,201.7
Fixed maturities, Less than twelve months, Gross unrealized losses 63.7 97.5
Fixed maturities, Greater than or equal to twelve months, Fair value 1,236.4 574.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 231.4 105.7
Fixed maturities, Total, Fair value 2,664.1 1,776.5
Fixed maturities, Total, Gross unrealized losses 295.1 203.2
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 438.7 3,648.5
Fixed maturities, Less than twelve months, Gross unrealized losses 13.9 484.0
Fixed maturities, Greater than or equal to twelve months, Fair value 4,156.5 1,124.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 762.7 222.5
Fixed maturities, Total, Fair value 4,595.2 4,773.3
Fixed maturities, Total, Gross unrealized losses 776.6 706.5
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 258.4 2,832.2
Fixed maturities, Less than twelve months, Gross unrealized losses 2.6 89.0
Fixed maturities, Greater than or equal to twelve months, Fair value 2,530.2 1,330.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 41.5 54.7
Fixed maturities, Total, Fair value 2,788.6 4,162.3
Fixed maturities, Total, Gross unrealized losses 44.1 143.7
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,265.5 3,419.8
Fixed maturities, Less than twelve months, Gross unrealized losses 65.7 292.0
Fixed maturities, Greater than or equal to twelve months, Fair value 4,410.6 2,283.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 775.7 437.6
Fixed maturities, Total, Fair value 6,676.1 5,703.6
Fixed maturities, Total, Gross unrealized losses 841.4 729.6
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 12,608.0 44,857.0
Fixed maturities, Less than twelve months, Gross unrealized losses 737.2 6,096.3
Fixed maturities, Greater than or equal to twelve months, Fair value 39,508.4 8,496.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 8,251.3 1,645.1
Fixed maturities, Total, Fair value 52,116.4 53,353.1
Fixed maturities, Total, Gross unrealized losses $ 8,988.5 $ 7,741.4
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) 95.00% 94.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) 85.00% 87.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 2,321 7,589
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 94.00% 88.00%
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 90.00% 95.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 712.2 $ 5,920.4
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 7,223 1,654
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 83.00% 84.00%
Principal Life Insurance Company | States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 1,337.1 $ 126.8
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) 78.00% 75.00%
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 $ 4,735.6 $ 654.9
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) 82.00% 80.00%
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 $ 757.4 $ 220.9
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) 84.00% 83.00%
Principal Life Insurance Company | Collateralized mortgage obligation security    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses $ 612.3 $ 320.2
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) 80.00% 81.00%