Primerica
May 7, 2025
DULUTH, Ga., May 7, 2025 --
Primerica reported first-quarter 2025 revenue of 804.8 million dollars, up 9 percent from a year earlier. Net income rose 14 percent to 169.1 million dollars and diluted earnings per share rose 19 percent to 5.05 dollars. Adjusted operating earnings per share rose 20 percent to 5.02 dollars.
The life-licensed sales force grew 7 percent to 152,167 representatives, although recruiting fell 9 percent to 100,867. The company licensed 12,339 new life insurance representatives and issued 86,415 new term life policies, with productivity of 0.19 policies per life-licensed representative per month. Term Life segment revenue rose 4 percent to 457.8 million dollars.
Investment and savings product sales climbed 28 percent to 3.6 billion dollars, with net client inflows of 839 million dollars and average client asset values up 14 percent to 113.0 billion dollars. Glenn Williams is chief executive.