Company Profile - Principal Financial Group Inc

Introduction

Principal Financial Group Inc (PFG) is a global investment management company. It provides financial products and services to businesses, individuals and institutional clients. It offers banking services; insurance products such as individual and group disability insurance, group dental insurance, individual and group life insurance, group vision insurance; and wellness programs. It also provides equity investment, fixed income investment and real estate investment services. The group offers pension plans, annuities, mutual funds, institutional asset management, life insurance accumulation products and specialty benefit plans. It operates through offices in Australia, Luxembourg, Brazil, China, France, Germany, Hong Kong, Ireland, Italy, Japan, the Netherlands, Portugal, Singapore, Spain, Switzerland, the UAE, the UK and the US. PFG is headquartered in Des Moines, Iowa, the US. The group reported premiums and other consideration of US$5,339.7 million for fiscal year ended December 2022 (FY2022), an increase of 10.3% over that in FY2021.