v3.26.1
Investments - Gross Unrealized Losses for Fixed Maturities (Details)
$ in Millions
Jun. 30, 2026
USD ($)
item
Dec. 31, 2025
USD ($)
item
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value $ 13,295.9 $ 6,056.3
Fixed maturities, Less than twelve months, Gross unrealized losses 196.5 125.7
Fixed maturities, Greater than or equal to twelve months, Fair value 31,012.7 33,571.0
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 5,220.1 5,096.3
Fixed maturities, Total, Fair value 44,308.6 39,627.3
Fixed maturities, Total, Gross unrealized losses 5,416.6 5,222.0
U.S. government and agencies    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 792.8 484.1
Fixed maturities, Less than twelve months, Gross unrealized losses 17.4 11.0
Fixed maturities, Greater than or equal to twelve months, Fair value 818.8 734.1
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 273.9 257.1
Fixed maturities, Total, Fair value 1,611.6 1,218.2
Fixed maturities, Total, Gross unrealized losses 291.3 268.1
Non-U.S. governments    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 28.2 12.8
Fixed maturities, Less than twelve months, Gross unrealized losses 0.8 0.3
Fixed maturities, Greater than or equal to twelve months, Fair value 198.8 310.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 38.7 54.3
Fixed maturities, Total, Fair value 227.0 323.7
Fixed maturities, Total, Gross unrealized losses 39.5 54.6
States and political subdivisions    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 392.6 639.4
Fixed maturities, Less than twelve months, Gross unrealized losses 6.6 8.9
Fixed maturities, Greater than or equal to twelve months, Fair value 4,700.0 4,903.5
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 1,014.2 1,003.0
Fixed maturities, Total, Fair value 5,092.6 5,542.9
Fixed maturities, Total, Gross unrealized losses 1,020.8 1,011.9
Corporate debt securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 4,180.1 1,889.9
Fixed maturities, Less than twelve months, Gross unrealized losses 110.2 95.7
Fixed maturities, Greater than or equal to twelve months, Fair value 18,002.6 19,474.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 3,068.7 2,970.8
Fixed maturities, Total, Fair value 22,182.7 21,364.5
Fixed maturities, Total, Gross unrealized losses 3,178.9 3,066.5
Residential mortgage-backed pass-through securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,001.7 201.2
Fixed maturities, Less than twelve months, Gross unrealized losses 10.9 0.7
Fixed maturities, Greater than or equal to twelve months, Fair value 967.1 1,147.6
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 123.8 117.3
Fixed maturities, Total, Fair value 1,968.8 1,348.8
Fixed maturities, Total, Gross unrealized losses 134.7 118.0
Commercial mortgage-backed securities    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 1,433.2 342.0
Fixed maturities, Less than twelve months, Gross unrealized losses 16.8 2.5
Fixed maturities, Greater than or equal to twelve months, Fair value 3,150.8 3,465.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 302.7 301.6
Fixed maturities, Total, Fair value 4,584.0 3,807.9
Fixed maturities, Total, Gross unrealized losses 319.5 304.1
Collateralized debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 2,112.0 1,919.9
Fixed maturities, Less than twelve months, Gross unrealized losses 10.2 4.7
Fixed maturities, Greater than or equal to twelve months, Fair value 73.2 20.2
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 5.3 5.0
Fixed maturities, Total, Fair value 2,185.2 1,940.1
Fixed maturities, Total, Gross unrealized losses 15.5 9.7
Other debt obligations    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 3,355.3 567.0
Fixed maturities, Less than twelve months, Gross unrealized losses 23.6 1.9
Fixed maturities, Greater than or equal to twelve months, Fair value 3,101.4 3,514.2
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 392.8 387.2
Fixed maturities, Total, Fair value 6,456.7 4,081.2
Fixed maturities, Total, Gross unrealized losses 416.4 389.1
Principal Life Insurance Company    
Gross Unrealized Losses for Fixed Maturities    
Fixed maturities, Less than twelve months, Fair value 12,851.2 5,888.1
Fixed maturities, Less than twelve months, Gross unrealized losses 183.4 117.8
Fixed maturities, Greater than or equal to twelve months, Fair value 30,427.4 32,859.9
Fixed maturities, Greater than or equal to twelve months, Gross unrealized losses 5,144.0 5,032.1
Fixed maturities, Total, Fair value 43,278.6 38,748.0
Fixed maturities, Total, Gross unrealized losses $ 5,327.4 $ 5,149.9
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) 89.00% 88.00%
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less Than Twelve Months | item 1,903 870
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Less Than Twelve Months (percent of carrying value to amortized cost) 99.00% 98.00%
Available-for-sale Securities in Unrealized Loss Positions, Percent Investment Grade, Less Than Twelve Months (as a percent) 94.00% 93.00%
Available-for-sale Securities in Unrealized Loss Position, Aggregate Losses On Investment Grade Investments, Less Than Twelve Months $ 154.6 $ 96.7
Available-for-sale Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Twelve Months or Longer | item 5,460 5,758
Available-for-sale Securities in Unrealized Loss Positions, Average Price, Twelve Months or Longer (percent of carrying value to amortized cost) 86.00% 87.00%
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 $ 1,007.1 $ 996.0
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) 82.00% 83.00%
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 $ 3,005.2 $ 2,919.0
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) 85.00% 87.00%
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 $ 302.0 $ 301.0
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) 91.00% 92.00%
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 $ 367.7 $ 356.7
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% 87.00%