Principal Financial Group, Inc.

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Company Profile

The Principal Financial Group, Inc. is a global financial company, which offers businesses, individuals and institutional clients financial products and services. It specializes in retirement solutions, insurance, and investment products through the company's diverse family of financial services companies and national network of financial professionals. It operates its business through following segments: Retirement and Income Solutions, Principal Global Investors, Principal International, U.S. Insurance Solutions and Corporate. The Retirement and Income Solutions segment provides retirement and related financial products and services primarily to businesses, their employees and other individuals. The Principal Global Investors segment provides asset management services to asset accumulation business, insurance operations, corporate segment and third party clients and also refers to mutual fund business. The Principal International segment relates tor the operations in Latin America including Brazil, Chile, and Mexico, and Asia which comprised of China, Hong Kong, India and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits insurance, which consists of group dental and vision insurance, individual and group disability insurance, group life insurance and non-medical fee-for-service claims administration, and individual life insurance throughout the United States. The Corporate segment manages the assets representing capital that has not been allocated to any other segment. The company was founded by Edward A. Temple in 1879 and is headquartered in Des Moines, IA.