A strong set of statements provides the guideposts to help a young company become one of those “established” companies that we all look up to. They are the foundation to a culture that attracts and keeps people excited to do something special.
Common Practices. Managerial Courage. Calculated Risk. If a founder’s belief in a hero product starts a company on its journey toward the billion-dollar mark, then it’s stellar decision-making and a determined field that can propel them into momentum and triple digit multimillion-dollar status. But scaling to a billion or more? What does it take to get […]
Primerica, Inc. released its financial results for the fourth quarter of 2021, including total revenues of $724.1 million, a 21% increase over the fourth quarter of 2020. Adjusted net operating income was $117 million and diluted adjusted operating earnings per share were $2.94, a 20% increase for both over the prior year’s quarter. COVID continued […]
Primerica, Inc. announced a 22% increase in total revenues over the third quarter of 2020, reaching $693.2 million.
Primerica, Inc. was honored by Forbes as the 6th ranked term life insurance company on its list of America’s Best Insurance Companies for 2022.
Primerica’s quarterly Middle-Income Financial Security Monitor, a survey measuring the financial situation and sentiments of middle-income families in the U.S. and Canada, showed mixed results regarding the stability of their finances.
Primerica, Inc. reported a second quarter revenue increase of 25% over the same quarter last year. Total revenues reached $654.7 million, with a net income of $128.2 million. Earnings per diluted share (EPS) increased 28% over the same time period last year, reaching $3.22. ROE held at 26.3%. “Sales results in our core businesses remain […]
Primerica, Inc. announced that its anticipated acquisition of senior health insurance distributor e-Telequote is official. Primerica has now acquired 80% of Etelequote Limited’s (collectively, e-TeleQuote) operating subsidiaries.
Primerica Canada recently conducted a study of 837 Canadians with an income between $30,000 and $100,000 and discovered that 75% felt their income was not enough to maintain their cost of living. Of those surveyed, 71% did not believe they were saving enough for a comfortable retirement, and yet there was an overall positivity among […]
Primerica, Inc. reported total revenues of $637.7 million in the first quarter of 2021, a 21% increase over the same quarter of 2020. Net income increased by 35%, to $97.9 million, while earnings per diluted share increased 41% to $2.46. Important to note is that last year’s first quarter results included pre-tax realized losses on […]
Primerica, Inc. has acquired e-Telequote, an independent digital insurance marketplace that allows individuals to purchase Medicare-related insurance policies from home, in a definitive agreement that gives Primerica 80% of e-Telequote at an enterprise value of $600 million and a $450 million implied equity value. The agreement states that Primerica will purchase the remaining 20% over […]
Primerica, Inc. announced it hit a new monthly sales record of more than $1 billion for the first time in company history. The single month Investment and Savings Products (ISP) record occurred in March 2021 and the company expects the first quarter of 2021 ISP sales to reach approximately $2.8 billion. “Over the past year, […]