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PRINCIPAL LIFE INSURANCE COMPANY

Company Details for:

PRINCIPAL LIFE INSURANCE COMPANY

Address

711 HIGH STREET
DES MOINES IA, 50392

Phone

5152475111
Market Share
Link to Supplemental Data Page
Accident & Health
YearLine Market
Share
Num of
Insureds
Direct
Prem
Written
Direct
Prem
Earned
Div.
Paid
Direct
Losses
Paid
Direct
Losses
Incurr
Loss
Ratio
2013 Total Accident & Health 0.33% 82,587 $26,479,714 $24,780,154 $0 $15,010,611 $15,521,51962.64%
2013 Total Individual Accident & Health 0.26% 3,041 $6,180,404 $4,643,232 $0 $1,380,048 $1,874,37540.37%
2013 Individual Long Term Care 0.06% 148 $129,721 $97,457 $0 $28,966 $39,34140.37%
2013 Individual Disability Income 5.73% 2,893 $6,050,683 $4,545,775 $0 $1,351,082 $1,835,03440.37%
2013 Total Group Accident & Health 0.35% 79,546 $20,299,310 $20,136,922 $0 $13,630,563 $13,647,14467.77%
2013 Group Comprehensive Medical Expense - Small Employer 0.00% 0 $0 $0 $0 $-16,813 $-16,864N/A
2013 Group Comprehensive Medical Expense - Large Employer 0.00% 0 $0 $0 $0 $-1,497 $-1,501N/A
2013 Group Medicare Supplement 0.95% 632 $1,861,421 $1,861,745 $0 $1,431,276 $1,410,316N/A
2013 Group Long Term Care 0.05% 47 $18,209 $19,830 $0 $28,710 $28,710N/A
2013 Group Specified Disease 0.00% 11 $492 $492 $0 $0 $0N/A
2013 Group Disability Income 2.89% 36,639 $7,518,778 $7,317,416 $0 $5,085,742 $5,101,429N/A
2013 Group Dental 4.75% 36,186 $10,454,908 $10,487,393 $0 $6,917,945 $6,939,283N/A
2013 Group Limited Benefit 0.29% 6,031 $445,502 $450,046 $0 $185,200 $185,771N/A
2012 Total Accident & Health 0.32% 78,502 $25,876,576 $24,313,305 $0 $15,385,987 $14,553,251N/A
2012 Total Individual Accident & Health 0.23% 2,771 $5,468,341 $4,066,665 $0 $1,181,085 $692,510N/A
2012 Individual Long Term Care 0.07% 153 $146,243 $108,757 $0 $31,586 $18,520N/A
2012 Individual Disability Income 4.97% 2,618 $5,322,098 $3,957,908 $0 $1,149,499 $673,990N/A
2012 Total Group Accident & Health 0.37% 75,731 $20,408,235 $20,246,640 $0 $14,204,902 $13,860,741N/A
2012 Group Comprehensive Medical Expense - Small Employer 0.00% 0 $-329 $985 $0 $153,754 $149,684N/A
2012 Group Comprehensive Medical Expense - Large Employer 0.00% 0 $-269 $-269 $0 $222,026 $216,148N/A
2012 Group Medicare Supplement 1.07% 688 $2,164,714 $2,164,390 $0 $1,545,137 $1,535,533N/A
2012 Group Long Term Care 0.05% 47 $18,194 $19,830 $0 $23,430 $23,430N/A
2012 Group Disability Income 2.96% 35,635 $7,661,475 $7,536,234 $0 $5,143,702 $5,007,519N/A
2012 Group Dental 4.67% 35,042 $10,207,143 $10,173,037 $0 $6,957,821 $6,773,606N/A
2012 Group Limited Benefit 0.24% 4,319 $357,307 $352,433 $0 $159,032 $154,821N/A
2011 Total Accident & Health 0.45% 77,898 $34,868,818 $34,677,354 $0 $27,669,658 $25,649,772N/A
2011 Total Individual Accident & Health 0.22% 2,648 $4,886,884 $3,681,617 $0 $1,224,926 $1,577,106N/A
2011 Individual Long Term Care 0.07% 155 $154,006 $116,023 $0 $38,602 $49,701N/A
2011 Individual Disability Income 4.49% 2,493 $4,732,878 $3,565,594 $0 $1,186,324 $1,527,405N/A
2011 Total Group Accident & Health 0.55% 75,250 $29,981,934 $30,995,737 $0 $26,444,732 $24,072,666N/A
2011 Group Comprehensive Medical Expense - Small Employer 0.72% 432 $8,983,453 $9,129,147 $0 $9,483,242 $8,566,244N/A
2011 Group Comprehensive Medical Expense - Large Employer 0.08% 116 $1,667,327 $1,982,927 $0 $3,208,532 $2,898,277N/A
2011 Group Medicare Supplement 1.02% 747 $2,209,779 $2,209,779 $0 $1,875,597 $1,877,066N/A
2011 Group Long Term Care 0.05% 47 $18,209 $19,830 $0 $13,380 $14,305N/A
2011 Group Disability Income 2.84% 37,146 $7,174,093 $7,616,810 $0 $5,119,903 $4,624,826N/A
2011 Group Dental 4.75% 33,411 $9,681,932 $9,790,055 $0 $6,632,373 $5,991,044N/A
2011 Group Limited Benefit 0.18% 3,351 $247,141 $247,189 $0 $111,705 $100,904N/A
Life
YearLine Market
Share
Num of
Insureds
Direct
Prem &
Annuities
Divs
Paid
Direct
Claims &
Benefits Pd.
Life
Ins
in Force
Benefits
Ratio
2013 Total Life 2.49% 380,924 $294,576,140 $2,570,215 $42,498,247 $5,582,155N/A
2013 Total Individual Life 0.95% 12,605 $71,020,466 $2,568,188 $28,467,051 $1,520,878N/A
2013 Individual Whole Life 0.34% 5,145 $2,538,480 $2,568,188 $8,972,217 $284,815N/A
2013 Individual Term Life 0.18% 819 $860,979 $0 $6,864 $428,234N/A
2013 Individual Universal Life 1.06% 2,188 $7,213,686 $0 $2,273,415 $807,829N/A
2013 Individual Ordinary Annuities 2.34% 2,207 $19,233,174 $0 $11,638,896 $0N/A
2013 Individual Variable Annuities 1.05% 1,999 $36,366,954 $0 $4,482,255 $0N/A
2013 Individual Equity Indexed Annuities 0.16% 111 $1,342,332 $0 $95,416 $0N/A
2013 Individual Deposit-Type Funds 2.82% 136 $3,464,861 $0 $997,988 $0N/A
2013 Total Group Life 5.10% 368,319 $223,555,674 $2,027 $14,031,196 $4,061,277N/A
2013 Group Whole Life 0.00% 1 $0 $0 $0 $65N/A
2013 Group Term Life 2.17% 95,423 $10,033,799 $0 $7,953,043 $3,973,455N/A
2013 Group Universal Life 1.03% 1,117 $802,339 $0 $58,204 $87,757N/A
2013 Group Ordinary Annuities 0.08% 90,581 $1,010,922 $2,027 $5,911,943 $0N/A
2013 Group Variable Annuities 0.00% 35 $0 $0 $108,006 $0N/A
2013 Group Deposit-Type Funds 27.43% 90,581 $211,597,281 $0 $0 $0N/A
2013 Group Other Considerations 0.01% 90,581 $111,333 $0 $0 $0N/A
2012 Total Life 2.59% 358,897 $287,193,852 $2,733,870 $52,862,218 $5,634,863N/A
2012 Total Individual Life 0.79% 13,346 $55,870,349 $2,731,268 $26,391,126 $1,616,553N/A
2012 Individual Whole Life 0.35% 5,950 $2,794,727 $2,731,268 $7,850,214 $313,790N/A
2012 Individual Term Life 0.22% 892 $991,279 $0 $308,680 $478,842N/A
2012 Individual Universal Life 1.37% 2,274 $7,977,681 $0 $2,571,478 $823,921N/A
2012 Individual Ordinary Annuities 0.52% 2,093 $7,775,848 $0 $9,702,125 $0N/A
2012 Individual Variable Annuities 1.29% 1,901 $34,678,659 $0 $4,948,952 $0N/A
2012 Individual Equity Indexed Annuities 0.11% 87 $708,137 $0 $24,247 $0N/A
2012 Individual Deposit-Type Funds 0.83% 149 $944,018 $0 $985,430 $0N/A
2012 Total Group Life 5.76% 345,551 $231,323,503 $2,602 $26,471,092 $4,018,310N/A
2012 Group Whole Life 0.00% 1 $0 $0 $0 $65N/A
2012 Group Term Life 2.15% 87,363 $9,658,360 $0 $5,806,793 $3,924,211N/A
2012 Group Universal Life 1.61% 1,190 $787,880 $0 $409,546 $94,034N/A
2012 Group Ordinary Annuities 0.08% 85,654 $980,362 $2,602 $20,159,023 $0N/A
2012 Group Variable Annuities 0.00% 35 $0 $0 $95,730 $0N/A
2012 Group Deposit-Type Funds 34.99% 85,654 $219,825,480 $0 $0 $0N/A
2012 Group Other Considerations 0.01% 85,654 $71,421 $0 $0 $0N/A
2011 Total Life 3.48% 367,949 $352,829,413 $2,870,422 $68,707,594 $5,669,515N/A
2011 Total Individual Life 0.83% 13,560 $60,199,782 $2,850,804 $42,143,652 $1,682,511N/A
2011 Individual Whole Life 0.39% 6,015 $3,099,501 $2,850,804 $9,175,026 $348,239N/A
2011 Individual Term Life 0.23% 956 $1,072,618 $0 $159,677 $529,231N/A
2011 Individual Universal Life 1.52% 2,351 $8,658,230 $0 $18,164,656 $805,041N/A
2011 Individual Ordinary Annuities 0.90% 2,188 $10,696,446 $0 $9,341,972 $0N/A
2011 Individual Variable Annuities 1.09% 1,821 $35,257,063 $0 $4,382,273 $0N/A
2011 Individual Equity Indexed Annuities 0.07% 79 $374,845 $0 $40,657 $0N/A
2011 Individual Deposit-Type Funds 0.70% 150 $1,041,079 $0 $879,391 $0N/A
2011 Total Group Life 10.29% 354,389 $292,629,631 $19,618 $26,563,942 $3,987,004N/A
2011 Group Whole Life 0.00% 1 $0 $0 $0 $65N/A
2011 Group Term Life 2.40% 89,350 $10,756,695 $0 $9,122,120 $3,889,451N/A
2011 Group Universal Life 2.47% 1,244 $787,428 $0 $559,286 $97,488N/A
2011 Group Ordinary Annuities 0.00% 87,920 $-671 $19,618 $16,801,597 $0N/A
2011 Group Variable Annuities 0.00% 34 $0 $0 $80,939 $0N/A
2011 Group Deposit-Type Funds 63.85% 87,920 $281,026,930 $0 $0 $0N/A
2011 Group Other Considerations 0.01% 87,920 $59,249 $0 $0 $0N/A
Enforcements
The department has not taken enforcement action against this company in the past three years.
Link to Enforcements Page
Complaint Index
Link to Complaint Index Page
YearLineMarket
Share
Number of
Complaints
Complaint
Index
2013 Long-term care insurance 0.07% 1 635
2013 Health 0.47% 27 225
2013 Medicare Supplement Insurance 0.33% 0 0
2013 Life and annuities 0.78% 4 46
2012 Long-term care insurance 0.07% 0 0
2012 Health 0.62% 26 156
2012 Medicare Supplement Insurance 0.37% 0 0
2012 Life and annuities 0.84% 5 56
2011 Medicare Supplement Insurance 0.44% 0 0
2011 Life and annuities 0.87% 5 52
2011 Long-term care insurance 0.07% 0 0
2011 Health 0.90% 35 127
Company Changes
Effective Date: 08/01/1998
Comments: Principal Mutual Life Insurance Co. changed its name to Principal Life Insurance Co.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.