Info

Principal Financial Group is a provider of retirement savings, investment and insurance products and services with $311.1 billion in assets under management (AUM) and approximately 19 million customers worldwide as of December 31, 2007. The Company’s United States and international operations concentrate primarily on asset accumulation and asset management. In addition, it offers a range of individual and group life insurance, group health insurance, individual and group disability insurance and group dental and vision insurance. It primarily focuses on small- and medium-sized businesses, providing a range of retirement and employee benefit solutions to meet the needs of the business, the business owner and their employees. It is also one provider of non-medical insurance product solutions. PFG operates in four segments: U.S. Asset Accumulation, Global Asset Management, International Asset Management and Accumulation, and Life and Health Insurance.(Source: 10-K)