Company: PRI
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029882
Chunk: 390

Company: Primerica, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 390
---
 172,243

      52,636

      134,847

      Income from continuing operations

      720,129

      591,182

      559,752

      Loss from discontinued operations, net of income taxes

      (249,611
      )

      (14,581
      )

      (87,684
      )

      Net income
       
      $
      470,518

      $
      576,601

      $
      472,068

     * Eliminated in consolidation. See the accompanying notes to condensed financial statements.See the report of independent registered public accounting firm.

122

Schedule IICondensed Financial Information of RegistrantPRIMERICA, INC. (Parent Only)Condensed Statements of Comprehensive Income (Loss) 

      Year ended December 31,

      2024

      2023

      2022

      (In thousands)

      Net income
       
      $
      470,518

      $
      576,601

      $
      472,068

      Other comprehensive income (loss) before income taxes:

      Unrealized investment gains (losses):

      Equity in unrealized holding gains (losses) on investment securities   held by subsidiaries

      6,866

      69,663

      (299,847
      )

      Change in unrealized holding gains (losses) on investment securities

      465

      1,600

      (5,201
      )

      Reclassification adjustment for realized investment (gains) losses   included in net income

      (85
      )

      (84
      )

      (872
      )

      Equity in effect of change in discount rate assumptions on the liability for    future policy benefit of subsidiaries

      263,919

      (169,502
      )

      1,368,596

      Foreign currency translation adjustments:

      Equity in unrealized foreign currency translation gains (losses) of subsidiaries

      (32,532
      )

      10,044

      (20,826
      )

      Total other comprehensive income (loss) before income taxes

      238,633

      (88,279
      )

      1,041,850

      Income tax expense (benefit) related to items of other comprehensive   income (loss)

      80

      319

      (1,275
      )