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Principal Life Insurance Company

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Company Details

Group Affiliation: Principal Financial Group
State of Domicile: Iowa
NAIC Company Code: 61271
Year Founded: 1879
Website: principal.com
Phone: (800) 986-3343
Address: 711 High Street
Des Moines, IA 50392

About Company

The Principal Life Insurance Company, founded in 1879, has become a key figure in the life insurance and retirement solutions market by offering various kinds of life insurance, annuity, and retirement planning products. With a focus on catering to the unique needs of a diverse customer base–be it retirees, families, business owners, or employees–their aim is to continue to innovate products and their respective features to align with the ever-evolving needs of their clientele. By ensuring up-to-date services and products, Principal continues to receive high financial strength ratings from major rating agencies.

Assets and Liabilities

Assets: $89,400,320,026
Liabilities: $84,688,400,960
Capital and Surplus: $4,753,386,777
Assets to Liability Ratio: 105.56%

Ratings

Principal Ratings Rating
AM Best
A+
Fitch
AA-
Standard & Poor's
A+
Moody's
A1
Comdex
90

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