Company: PRI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000950170-25-066724
Chunk: 1

Company: Primerica, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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     $
     14,589,010

     $
     14,582,022

     Liabilities and stockholders’ equity:

     Liabilities:

     Future policy benefits
      
     $
     6,637,937

     $
     6,503,064

     Unearned and advance premiums

     17,474

     15,606

     Policy claims and other benefits payable

     494,734

     488,350

     Other policyholders’ funds

     394,830

     402,323

     Note payable

     594,713

     594,512

     Surplus note

     1,285,032

     1,303,556

     Income taxes

     115,706

     115,611

     Operating lease liabilities

     52,907

     55,478

     Other liabilities

     523,610

     549,160

     Payable under securities lending

     97,560

     86,034

     Separate account liabilities

     2,118,098

     2,209,287

     Commitments and contingent liabilities (see Commitments and Contingent Liabilities note)

     Total liabilities

     12,332,601

     12,322,981

     Stockholders’ equity:

     Common stock ($0.01 par value; authorized 500,000 shares in 2025 and 2024; issued and   outstanding 33,022 shares in 2025 and 33,368 shares in 2024)

     331

     334

     Paid-in capital

     -

     -

     Retained earnings

     2,253,434

     2,231,483

     Accumulated other comprehensive income (loss), net of income tax:

     Effect of change in discount rate assumptions on the liability for future policy benefits

     171,599

     224,833

     Unrealized foreign currency translation gains (losses)

     (35,191
     )

     (34,767
     )

     Net unrealized investment gains (losses) on available-for-sale securities

     (133,764
     )

     (162,842
     )

     Total stockholders’ equity

     2,256,409

     2,259,041

     Total liabilities and stockholders