Primerica reported FY 2025 net income of USD 751.2 million (up 60.0%) on total revenues of USD 3.3 billion (up 7.0%), with income from continuing operations of USD 751.2 million (up 4.0%) and income from continuing operations before income taxes of USD 974.6 million (up 4.0%). Net premiums were USD 1.8 billion (up 3.0%), commissions and fees were USD 1.3 billion (up 18.0%), and net investment income was USD 167.2 million (up 7.0%). Total benefits and expenses were USD 2.3 billion (up 8.0%), including sales commissions of USD 686.9 million (up 20.0%) and amortization of DAC of USD 322.9 million (up 8.0%). The effective tax rate from continuing operations was 22.9% in FY 2025 (vs. 23.3%), which the company said was driven by the deduction of purchased transferable federal income tax credits. In Term Life Insurance, FY 2025 segment revenue was USD 1.8 billion (up 3.0%) and income before income taxes was USD 621.1 million (up 3.0%); face amount in force ended the year at USD 967.6 billion, with issued face amount of USD 111.9 billion and terminations of USD 103.1 billion. The life-licensed independent sales force ended FY 2025 at 151,524, with 358,316 new recruits and 48,722 new life-licensed representatives; new policies issued were 331,787 and the average monthly rate of new policies per life-licensed representative was 0.18. In Investment and Savings Products, FY 2025 segment revenue was USD 1.2 billion (up 18.0%) and income before income taxes was USD 355.5 million (up 18.0%); total product sales were USD 14.9 billion (up 24.0%), including USD 5.2 billion of U.S. retail mutual funds, USD 5.1 billion of annuities and other, and USD 2.8 billion of managed investments. Client asset values ended FY 2025 at USD 128.9 billion, and total average client asset values were USD 119.6 billion (up 13.0%), while the total average number of fee-generating positions was 3.339 million (up 3.0%). Primerica also reported that its Senior Health business was disposed of as of September 30, 2024 and is reported in discontinued operations for all periods presented; FY 2024 included a discontinued-operations loss of USD 249.6 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Primerica Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-082233), on February 27, 2026, and is solely responsible for the information contained therein.
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