Principal Financial

Principal Financial Group was founded in 1879 and is headquartered in Des Moines, Iowa. Principal Financial provides individuals, business, and institutional clients a range of financial products and services that includes life insurance, annuities, retirement solutions, banking, group insurance, estate planning, disability insurance, business banking and mutual funds.

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Products Offered
Flexible Premium Deferred Annuity Plus Income Annuity (SPIA) Principal Guaranteed Fixed Annuity The Principal Freedom 2 Variable Annuity The Principal Freedom Variable Annuity The Principal Investment Plus Variable Annuity The Principal Variable Annuity

General Information
Website	www.principal.com
Type	Insurance Company
Founded	1879
Ownership
Country	USA

Contact Information
Address	711 High Street Des Moines, IA 50392
Phone	800-986-3343
Fax	515-247-5930

Information & Articles about Principal Financial

Annuity Industry Pioneer Jerry Golden at Work on his Latest Venture

Jerry Golden--often referred to as the father of variable life insurance and variable annuities--has had a distinguished career as an innovator and entrepreneur in both the insurance and personal retirement businesses.

Jerry most recently spent four years as president of the Income Management Strategies Division at MassMutual after selling his business to the company in June, 2005.

Since leaving MassMutual in May, 2009, Jerry has been actively developing a new venture which will deliver yet another set of innovations to the personal retirement marketplace.

Thirteen Insurance Companies Exit Equity Indexed Annuity Market

There are fewer insurance companies offering equity indexed annuity products.

Thirteen insurers have exited the market since the end of 2008.

Included among the exits are some better known names such as Principal Financial Group, Genworth Financial, Transamerica, Monumental Life and Protective Life.

Many of the companies exiting the market have equity indexed sales that are not a significant part of their overall business.

Barrons Remains Optimistic on Several Life Insurers Receiving TARP Funds

Barrons--a weekly trade publication for the investment community--has written favorably on parts of the U.S. life insurance sector over the past several months.

In particular, Barrons had singled-out perceived opportunities with shares of Hartford Financial Services Group and Prudential Financial.

The publication remains bullish on several of the companies that were recently approved for TARP funds.

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