Company: PRI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000950170-25-066724
Chunk: 0

Company: Primerica, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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PRIMERICA, INC. AND SUBSIDIARIES

Condensed Consolidated Balance Sheets  – Unaudited

     March 31, 2025

     December 31, 2024

     (In thousands, except per-share amounts)

     Assets:

     Investments:

     Fixed-maturity securities available-for-sale, at fair value (amortized cost: $3,245,824 in 2025   and $3,152,483 in 2024)
      
     $
     3,076,471

     $
     2,946,126

     Fixed-maturity security held-to-maturity, at amortized cost (fair value: $1,232,473 in 2025 and   $1,227,428 in 2024)

     1,285,340

     1,303,880

     Equity securities, at fair value (historical cost: $21,990 in 2025 and $22,935 in 2024)

     27,029

     27,144

     Trading securities, at fair value (cost: $3,499 in 2025 and $3,562 in 2024)

     3,024

     3,011

     Policy loans and other invested assets

     52,939

     50,881

     Total investments

     4,444,803

     4,331,042

     Cash and cash equivalents

     625,072

     687,821

     Accrued investment income

     28,960

     28,100

     Reinsurance recoverables

     2,722,544

     2,744,165

     Deferred policy acquisition costs, net

     3,742,693

     3,680,430

     Agent balances, due premiums and other receivables

     281,709

     282,607

     Intangible asset

     45,275

     45,275

     Income taxes

     126,929

     122,664

     Operating lease right-of-use assets

     45,122

     47,023

     Other assets

     407,805

     403,608

     Separate account assets

     2,118,098

     2,209,287

     Total assets