Principal Financial Group, Inc. (NASDAQ:PFG) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET

Company Participants

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

Conference Call Participants

Joel Hurwitz - Dowling & Partners
Ryan Krueger - KBW
Wesley Carmichael - Autonomous Research
Jimmy Bhullar - JPMorgan
John Barnidge - Piper Sandler
Elyse Greenspan - Wells Fargo
Suneet Kamath - Jefferies
Thomas Gallager - Evercore ISI
Wilma Burdis - Raymond James
Joshua Shanker - Bank of America
Michael Ward - Citigroup

Operator

Good morning and welcome to the Principal Financial Group Second Quarter 2024 Financial Results Conference Call. There will be a question-and-answer period 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 second 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. Reconciliations 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.

As a reminder, we are hosting our 2024 Investor Day on Monday, November 18th in New York. We look forward to seeing many of you at this event. Dan?

Daniel Houston

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