Company: PRI
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029882
Chunk: 159

Company: Primerica, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1
Chunk 159
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 directly attributable to the Term Life Insurance and Investment and Savings Products segments are recorded directly to the applicable segment. Other operating expenses consists primarily of staff compensation, technology and communications, various independent sales force-related costs, non-bank custodial and transfer agent recordkeeping administrative costs, outsourcing and professional fees, and other corporate and administrative fees and expenses. We allocate certain other revenue and operating expenses that are not directly attributable to a specific operating segment using methods expected to reasonably measure the benefit received by each reporting segment. Such methods include time studies, recorded usage, revenue distribution, and sales force representative distribution. These allocated items include fees charged for access to Primerica Online (“POL”) and costs incurred for technology, independent sales force support, occupancy and other general and administrative costs. Costs that are not directly charged or allocated to our two primary operating segments are included in the Corporate and Other Distributed Products segment.Geographical Information. Results of operations by country and long-lived assets — primarily tangible assets reported in other assets in our consolidated balance sheets —from continuing operations were as follows:

        Year ended December 31,

        2024

        2023

        2022

        (In thousands)

        Revenues by country:

        United States
         
        $
        2,694,323

        $
        2,396,774

        $
        2,292,457

        Canada

        394,820

        351,733

        364,994

        Total revenues
         
        $
        3,089,143

        $
        2,748,507

        $
        2,657,451

        December 31, 2024

        December 31, 2023

        (In thousands)

        Long-lived assets by country:

        United States
         
        $
        38,064

        $
        34,968

        Canada

        2,634

        2,636

        Total long-lived assets
         
        $
        40,698

        $
        37,604

84

(5) InvestmentsAFS Securities. The amortized cost, gross unrealized gains and losses, and fair value of AFS fixed-maturity securities were as follows: 

        December 31, 2024

        Amortized cost

        Gross unrealized gains

        Gross unrealized losses

        Fair value

        (In thousands)

        Securities available-for-sale, carried at fair value: