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Company:
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PRIMERICA, INC. (PRI)
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Form Type:
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4
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Filing Date:
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5/31/2022
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CIK:
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0001475922
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Address:
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1 PRIMERICA PARKWAY
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City, State, Zip:
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DULUTH, Georgia 30099
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Telephone:
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(770) 381-1000
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$184.53
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Change:
-0.48 (-0.26%)
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Trade Time:
May 26
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Market Cap:
$6.68B
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Description of Business
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Primerica, Inc. ("Primerica", "we", "us" or the "Parent Company") is a leading
provider of financial products to middle-income households in the United States
and Canada with 135,208 life insurance-licensed sales representatives as of
December 31, 2022. These independent licensed representatives ("independent
sales representatives" or "independent sales force") assist our clients in
meeting their needs for term life insurance, which we underwrite, and mutual
funds, annuities, managed investments and other financial products, which we
distribute primarily on behalf of third parties. We insured over 5.7 million
lives and had approximately 2.8 million client investment accounts as of
December 31, 2022. Our business model uniquely positions us to reach underserved
middle-income consumers in a cost-effective manner and has proven itself in both
favorable and challenging economic environments.
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