Company: PRI
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029882
Chunk: 340

Company: Primerica, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 340
---

        Other asset-backed securities

        -

        246,858

        500

        247,358

        Total available-for-sale fixed-maturity securities

        3,951

        2,715,016

        500

        2,719,467

        Short term investments

        -

        276

        -

        276

        Total available-for-sale securities

        3,951

        2,715,292

        500

        2,719,743

        Equity securities

        27,062

        974

        1,644

        29,680

        Trading securities

        -

        18,383

        -

        18,383

        Cash and cash equivalents

        594,148

        -

        -

        594,148

        Separate accounts

        -

        2,395,842

        -

        2,395,842

        Total fair value assets
         
        $
        625,161

        $
        5,130,491

        $
        2,144

        $
        5,757,796

        Fair value liabilities:

        Separate accounts
         
        $
        -

        $
        2,395,842

        $
        -

        $
        2,395,842

        Total fair value liabilities
         
        $
        -

        $
        2,395,842

        $
        -

        $
        2,395,842

       In estimating fair value of our investments, we use a third-party pricing service for approximately all of our securities that are measured at fair value on a recurring basis. The remaining securities are primarily thinly traded securities, such as private placements, and are valued using models based on observable inputs on public corporate spreads having similar characteristics (e.g., sector, average life and quality rating), liquidity and yield based on quality rating, average life and U.S. Treasury yields. All observable data inputs are corroborated by independent third-party data. We also corroborate pricing information provided by our third-party pricing service by performing a review of selected securities. Our review activities include obtaining detailed information about the 

89

assumptions, inputs and methodologies used in pricing the security; documenting this information; and corroborating it by comparison to independently obtained prices and/or independently developed pricing methodologies.Furthermore, we perform internal reasonableness assessments on fair value determinations within our