Company: PRI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000950170-25-104779
Chunk: 1

Company: Primerica, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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     $
     14,829,833

     $
     14,582,022

     Liabilities and stockholders’ equity:

     Liabilities:

     Future policy benefits
      
     $
     6,719,044

     $
     6,503,064

     Unearned and advance premiums

     16,917

     15,606

     Policy claims and other benefits payable

     507,553

     488,350

     Other policyholders’ funds

     382,089

     402,323

     Note payable

     594,913

     594,512

     Surplus note

     1,258,508

     1,303,556

     Income taxes

     65,537

     115,611

     Operating lease liabilities

     52,323

     55,478

     Other liabilities

     523,517

     549,160

     Payable under securities lending

     83,425

     86,034

     Separate account liabilities

     2,318,492

     2,209,287

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

     Total liabilities

     12,522,318

     12,322,981

     Stockholders’ equity:

     Common stock ($0.01 par value; authorized 500,000 shares in 2025 and 2024; issued and   outstanding 32,545 shares in 2025 and 33,368 shares in 2024)

     326

     334

     Paid-in capital

     -

     -

     Retained earnings

     2,270,995

     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

     174,626

     224,833

     Unrealized foreign currency translation gains (losses)

     (13,803
     )

     (34,767
     )

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

     (124,629
     )

     (162,842
     )

     Total stockholders’ equity

     2,307,515

     2,259,041

     Total liabilities and stock