Principal Financial Group Inc. in Des Moines has reported improved fourth-quarter operating earnings of $217.9 million, up 9.1% from the year earlier.
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Operating revenues in the quarter were $2.47 billion, up 11.2%.
The company's life and health insurance group had operating earnings of $63.2 million, up 19.4%, primarily due to solid growth and improved loss ratios in the health and specialty benefits divisions, the company said on Monday.
Operating revenues for the group rose to a record $1.12 billion, compared with $1.06 billion the year earlier.
