Company: PRI
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029882
Chunk: 310

Company: Primerica, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 310
---
    Other liabilities

    549,160

    579,045

    Payable under securities lending

    86,034

    99,785

    Separate account liabilities

    2,209,287

    2,395,842

    Liabilities from discontinued operations entities

    -

    65,844

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

    Total liabilities

    12,322,981

    12,961,765

    Stockholders’ equity:

    Common stock ($0.01 par value; authorized 500,000 shares in 2024 and 2023; issued and   outstanding 33,368 shares in 2024 and 34,996 shares in 2023)

    334

    350

    Paid-in capital

    -

    -

    Retained earnings

    2,231,483

    2,276,946

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

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

    224,833

    (39,086
    )

    Unrealized foreign currency translation gains (losses)

    (34,767
    )

    (2,235
    )

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

    (162,842
    )

    (170,008
    )

    Total stockholders’ equity

    2,259,041

    2,065,967

    Total liabilities and stockholders’ equity
     
    $
    14,582,022

    $
    15,027,732

See accompanying notes to consolidated financial statements.

69

PRIMERICA, INC. AND SUBSIDIARIES

Consolidated Statements of Income

    Year ended December 31,

    2024

    2023

    2022

    (In thousands, except per-share amounts)

    Revenues:

    Direct premiums
     
    $
    3,393,604

    $
    3,312,125

    $
    3,230,120

    Ceded premiums

    (1,664,433
    )

    (1,651,811
    )

    (1,629,892
    )

    Net premiums

    1,729