NLI America Offers Stop Loss Insurance Coverage To Clients Of The Principal Financial Group

Nippon Life Insurance Company of America, a leading provider of employee benefit solutions to U.S. companies, today announced it will offer Stop Loss insurance coverage to self-funded health insurance clients of the Principal Financial Group^®.

NLI America’s Stop Loss insurance coverage is designed for companies with 50 or more employees, with a minimum deductible of $10,000. NLI America’s Stop Loss insurance coverage is administered by R.E. Moulton, Inc., a OneAmerica® company. R.E. Moulton has been recognized as a leader in the stop loss insurance industry since the advent of self-funded health plans. R.E. Moulton provides underwriting, policy administration, claims administration and premium collection services for NLI America.

A diverse financial services company, The Principal^® offers insured and self-funded health insurance, as well as wellness programs, to growing businesses.

"NLI America is pleased to offer clients of the Principal Financial Group Stop Loss insurance coverage,” said Akira Hosoda, President and Chief Executive Officer of NLI America. "After receiving consultation from R.E. Moulton, NLI America has created a very competitive Stop Loss insurance product that will provide clients of The Principal^® with greater flexibility to manage employee health care costs.”

NLI America’s Stop Loss insurance coverage can be customized for Principal Financial Group clients and offer such enhanced features as stop loss insurance coverage for health savings accounts and health reimbursement accounts, as well as a full range of risk management services.

"The Principal Financial Group is pleased to work with NLI America to offer Stop Loss insurance coverage options to our self-funded health care clients,” said Rory Kain, director of new business and reinsurance for the National Accounts division of the Principal Financial Group. "Through this agreement, we’re able to further help clients support their employees, while protecting the financial future of their company.”

For more information about NLI America’s Stop Loss insurance product, contact Francine Young, Senior Vice President and Chief Business Development Officer of NLI America, 877.252.7174, ext. 749.

About NLI America

NLI America offers high-quality employee benefits to small and medium-sized companies that value and respect their employees and invest in them accordingly. The company’s group insurance programs provide medical, life, dental, disability, vision and prescription drug benefits. NLI America has a strong reputation for proactive, humane, personal service and comprehensive coverage that redefine value in employee benefit solutions. Headquartered in New York, NLI America has regional offices in Atlanta, Chicago and Los Angeles. NLI America is a highly rated health provider in the U.S., with an "A-” AM Best rating in 2008. NLI America is a subsidiary of Nippon Life Insurance Company of Japan, one of the world’s largest life insurance companies. For information about NLI America, call 1.800.937.6542, or visit www.nlia.com.

NLI America Media Contact

Greg Berardi, Blue Marlin Partners, (415) 239-7826, greg@bluemarlinpartners.com

About the Principal Financial Group

The Principal Financial Group^® (The Principal^®)¹ is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies. A member of the Fortune 500, the Principal Financial Group has $308.0 billion in assets under management² and serves some 19.0 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.

Principal Financial Group Media Contact

Rhonda Clark-Leyda, the Principal Financial Group, (515) 247-6634, clark-leyda.rhonda@principal.com

About R.E. Moulton

R.E. Moulton, Inc., a OneAmerica® company, has been recognized as a leader in the medical stop loss insurance industry since the advent of self-funded health plans. R. E. Moulton’s legacy has been built on innovation, security, flexibility and quality products and services. R. E. Moulton’s reputation, for delivering on its promises, remains the industry standard. As a competitive direct-writing entity for American United Life Insurance Company®, and with a strong portfolio of cost management services, R. E. Moulton’s pioneering spirit has been enhanced. The comprehensive medical stop loss insurance products administered by R. E. Moulton are available to brokers and third party administrators nationwide.

OneAmerica Media Contact

Beth King, APR, (317) 285-4168, beth.king@oneamerica.com

Note: OneAmerica is not a licensed insurance company. The companies of OneAmerica are neither licensed in New York as insurance companies nor do they solicit business for their insurance products in New York.

¹ "The Principal Financial Group" and "The Principal” are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.

² As of June 30, 2008