1-800-986-3343 | principal.com
1 Data for the trailing twelve months ended June 30, 2019, unless otherwise noted. For the latest and additional information, visit www.principal.com.2 The company uses a number of non-GAAP financial measures that management believes are important in understanding and evaluating the normal, recurring operations of our businesses. These measures are not a substitute for GAAP financial measures. Therefore, we provide a reconciliation of the non-GAAP measures to the comparable GAAP financial measures as follows:
- Net income attributable to Principal Financial Group of $1,509.0 million adjusted for net realized (gains) losses of $115.7 million equals non-GAAP operating earnings of $1,624.7 million.
- Net income return on average equity including accumulated other comprehensive income of 11.8% adjusted for net unrealized capital (gains) losses of 1.4%, net unrecognized post-retirement benefit obligation of (0.5)%, and net realized capital (gains) losses of 0.9% equals non-GAAP operating ROE of 13.6%.
3 Non-GAAP operating earnings return on equity (ROE) equals trailing twelve months non-GAAP operating earnings divided by average stockholders’ equity available to common stockholders excluding accumulated other comprehensive income (loss) other than foreign currency translation adjustment.
4 Information as of July 2019. Our ratings reflect each rating agency’s opinion of our financial strength, operating performance and ability to meet our obligations to policyholders and are not evaluations directed toward the protection of investors. Such ratings are neither a rating of securities nor a recommendation to buy, hold or sell any security, including our common stock.
5 Principal is 5th out of 19 companies surveyed, based on self-reported in-force individual disability insurance premium, according to LIMRA’s 2017 Annual Sales and In-Force Survey. This applies to Principal Life Insurance Company.
6 Principal Life Insurance Company, April 2019, internal company data.
Insurance products and services from the Principal Financial Group® (Principal®) are issued by Principal National Life Insurance Company (except in New York) and Principal Life Insurance Company, Des Moines, Iowa 50392. Securities offered through Principal Securities, Inc., 800-247-1737, member SIPC. Banking products offered through Principal Bank, member FDIC. Principal National, Principal Life, Principal Securities and Principal Bank are members of the Principal Financial Group, Des Moines, Iowa 50392.
DD730-87 | Q22019 | 925007-082019 | © Principal Financial Services, Inc. “Principal,” “Principal Financial Group” are registered service marks.