The company's international asset management and accumulation businesses focus on opportunities created by aging populations, driving demand for retirement solutions.

Principal International has operations in Latin America and Asia, focusing on growing middle classes and affluent segments.

The company completed a coinsurance transaction with Talcott Life & Annuity Re, ceding in-force U.S. retail fixed annuity and ULSG blocks of business.

The company utilizes an integrated risk management framework to identify, assess, monitor, report, manage and aggregate material risks.

The company emphasizes a diverse workforce and inclusive culture, with employee resource groups and global inclusion summits.

The company invests in employee development through experiential learning, growth assignments, and formal programming.

The company acknowledges that volatility, uncertainty, and disruption in capital and credit markets could materially affect liquidity and access to capital.

The company states that conditions in global capital markets and the economy generally may materially and adversely affect the business and results of operations.

The company acknowledges that a downgrade in its financial strength or credit ratings may increase policy surrenders and withdrawals, reduce new sales, and increase the cost of capital.

The company faces competition from various financial services companies and distinguishes itself through distribution relationships, integrated solutions, and focus on high-growth markets.

The company believes its strong ratings are an important factor in marketing its products to distributors and customers.

The company relies on valuable distribution relationships for favored customer access, which is a key competitive advantage.

The company emphasizes managing operating expenses to maintain profitability.

The company is placing an enhanced focus on its voluntary benefits platform to adapt to the shift in the group insurance market.

The company maintains extensive business continuity and disaster recovery planning programs, including scenario planning and assessments.

The company recognizes that cybersecurity threats are among the most critical risks and treats cybersecurity as a Board-level matter.

The company offers digital advice services through its subsidiary, Principal Advised Services, LLC.

The company adopted the guidance commonly referred to as long-duration targeted improvements (“LDTI”), which updates certain requirements in the accounting for long-duration insurance and annuity contracts.

The board authorized a share repurchase program of up to $1.5 billion of outstanding common stock.

The company has historically paid cash dividends on its common stock, and future dividend decisions will be based on results, financial requirements, and the impact of regulatory restrictions.

The company participates in joint ventures, primarily in its international businesses and real estate investment operations.

The company is committed to providing a work environment where every employee feels welcomed, respected, and has an opportunity to thrive.

The company encourages volunteerism through its volunteer time off policy and Dollars for Doers program.

The company emphasizes a commitment to ethical practices and customer focus, driving a strong culture where employees can thrive.

The company's businesses are subject to comprehensive regulation and supervision throughout the U.S. and in international markets.

As a U.S.-based business, the company is subject to certain Executive orders that could affect its business, operations, and increase costs of compliance.

The company's financial results may be adversely impacted by global climate changes.