Principal Financial Group, Inc. (NASDAQ:PFG) Q1 2024 Results Earnings Conference Call April 26, 2024 10:00 AM ET

Company Participants

Humphrey Lee - Vice President of Investor Relations
Daniel Houston - Chairman, President and Chief Executive Officer
Deanna Strable - Executive Vice President and Chief Financial Officer
Kamal Bhatia - President and Chief Executive Officer, Principal Asset Management
Christopher Littlefield - President, Retirement and Income Solutions
Amy Friedrich - President, Benefits and Protection

Conference Call Participants

Ryan Krueger - Keefe, Bruyette & Woods
Suneet Kamath - Jefferies LLC
Wes Carmichael - Autonomous Research
Joel Hurwitz - Dowling & Partners
John Barnidge - Piper Sandler
Wilma Burdis - Raymond James
Thomas Gallager - Evercore ISI
Jimmy Bhullar - J.P. Morgan Securities, Inc.
Michael Ward - Citigroup

Operator

Good morning. And welcome to the Principal Financial Group First Quarter 2024 Financial Results. There will be a question-and-answer session after the speakers have completed their prepared remarks. [Operator Instructions].

I would now like to turn the conference call over to Humphrey Lee, Vice President of Investor Relations.

Humphrey Lee

Thank you and good morning. Welcome to Principal Financial Group's first quarter 2024 earnings conference call. As always, materials related to today's call are available on our website at investors.principal.com.

Following a reading of the Safe Harbor provision, CEO, Dan Houston, and CFO, Deanna Strable, will deliver some prepared remarks. We will then open up the call for questions. Other members of senior management will also be available for Q&A.

Some of the comments made during this conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act. The company does not revise or update them to reflect new information, subsequent events or changes in strategy.

Risks and uncertainties that could cause actual results to differ materially from those expressed or implied are discussed in the company's most recent annual report on Form 10-K filed by the company with the US Securities and Exchange Commission.

Additionally, some of the comments made during this conference call may refer to non-GAAP financial measures. Reconciliation of the non-GAAP financial measures to the most directly comparable US GAAP financial measures may be found in our earnings release, financial supplement and slide presentation. Dan?

Daniel Houston

Thanks, Humphrey. And welcome to everyone on the call. This morning, I will discuss key milestones and highlights from the first quarter as we continue to execute our strategy with discipline and focus, and deliver strong results for our customers and shareholders. Deanna will follow with additional details on our results and our capital position.