v3.25.2
Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Jun. 30, 2025
USD ($)
item
Dec. 31, 2024
USD ($)
item
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 9,386.2 $ 11,600.7
Fixed maturities, Less than twelve months, Gross unrealized losses 263.1 273.4
Fixed maturities, Greater than or equal to twelve months, Fair value 33,376.0 34,766.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 5,574.1 6,201.8
Fixed maturities, Total, Fair value 42,762.2 46,367.3
Fixed maturities, Total, Gross unrealized losses 5,837.2 6,475.2
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 459.6 909.1
Fixed maturities, Less than twelve months, Gross unrealized losses 12.9 17.4
Fixed maturities, Greater than or equal to twelve months, Fair value 637.0 810.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 256.2 283.1
Fixed maturities, Total, Fair value 1,096.6 1,719.7
Fixed maturities, Total, Gross unrealized losses 269.1 300.5
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 27.2 32.9
Fixed maturities, Less than twelve months, Gross unrealized losses 0.7 1.3
Fixed maturities, Greater than or equal to twelve months, Fair value 298.3 308.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 73.0 83.2
Fixed maturities, Total, Fair value 325.5 341.7
Fixed maturities, Total, Gross unrealized losses 73.7 84.5
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 904.2 743.2
Fixed maturities, Less than twelve months, Gross unrealized losses 32.0 26.0
Fixed maturities, Greater than or equal to twelve months, Fair value 4,675.8 4,745.7
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 1,086.7 1,115.8
Fixed maturities, Total, Fair value 5,580.0 5,488.9
Fixed maturities, Total, Gross unrealized losses 1,118.7 1,141.8
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 3,934.0 4,970.7
Fixed maturities, Less than twelve months, Gross unrealized losses 187.9 164.2
Fixed maturities, Greater than or equal to twelve months, Fair value 19,269.5 20,099.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 3,206.3 3,532.3
Fixed maturities, Total, Fair value 23,203.5 25,069.8
Fixed maturities, Total, Gross unrealized losses 3,394.2 3,696.5
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 799.3 1,938.4
Fixed maturities, Less than twelve months, Gross unrealized losses 8.3 33.2
Fixed maturities, Greater than or equal to twelve months, Fair value 1,177.2 1,214.0
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 146.6 182.6
Fixed maturities, Total, Fair value 1,976.5 3,152.4
Fixed maturities, Total, Gross unrealized losses 154.9 215.8
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 388.0 691.7
Fixed maturities, Less than twelve months, Gross unrealized losses 3.4 8.2
Fixed maturities, Greater than or equal to twelve months, Fair value 3,734.2 3,860.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 346.1 442.6
Fixed maturities, Total, Fair value 4,122.2 4,551.8
Fixed maturities, Total, Gross unrealized losses 349.5 450.8
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,630.5 582.2
Fixed maturities, Less than twelve months, Gross unrealized losses 6.6 1.3
Fixed maturities, Greater than or equal to twelve months, Fair value 12.1 29.8
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 4.3 5.0
Fixed maturities, Total, Fair value 1,642.6 612.0
Fixed maturities, Total, Gross unrealized losses 10.9 6.3
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,243.4 1,732.5
Fixed maturities, Less than twelve months, Gross unrealized losses 11.3 21.8
Fixed maturities, Greater than or equal to twelve months, Fair value 3,571.9 3,698.5
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 454.9 557.2
Fixed maturities, Total, Fair value 4,815.3 5,431.0
Fixed maturities, Total, Gross unrealized losses 466.2 579.0
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 8,832.4 10,805.4
Fixed maturities, Less than twelve months, Gross unrealized losses 225.4 252.3
Fixed maturities, Greater than or equal to twelve months, Fair value 32,802.5 34,145.3
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 5,498.5 6,121.5
Fixed maturities, Total, Fair value 41,634.9 44,950.7
Fixed maturities, Total, Gross unrealized losses $ 5,723.9 $ 6,373.8
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) 97.00% 97.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Average Price (percent of carrying value to amortized cost) 88.00% 88.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 1,361 1,747
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 97.00% 98.00%
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 96.00% 96.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 223.2 $ 245.4
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 5,949 6,219
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 86.00% 85.00%
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 $ 1,079.2 $ 1,108.0
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) 81.00% 81.00%
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 $ 3,146.5 $ 3,470.0
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) 86.00% 85.00%
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 $ 345.2 $ 441.5
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) 92.00% 90.00%
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 $ 411.6 $ 490.8
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) 85.00% 83.00%