Primerica Q4 2023 Earnings Report
Key Takeaways
Primerica reported a 6% increase in total revenues, reaching $726.3 million, and a 9% increase in earnings per diluted share (EPS) to $4.30. The life-licensed sales force grew to a record 141,572, up 5% year-over-year. Investment and Savings Product sales increased by 13%, and client asset values rose by 15%.
Life-licensed sales force reached a record 141,572, a 5% increase year-over-year.
Issued Term Life policies increased by 12%, with the total face amount issued up by 16%.
Investment and Savings Product sales rose by 13%.
Client asset values increased by 15%.
Primerica
Primerica
Primerica Revenue by Segment
Forward Guidance
Primerica's management believes 2024 holds exciting opportunities to build momentum as the company works toward its biennial convention in July.
Revenue & Expenses
Visualization of income flow from segment revenue to net income