Primerica, Inc. Files 8-K on Financials
Ticker: PRI · Form: 8-K · Filed: May 6, 2024 · CIK: 1475922
| Field | Detail |
|---|---|
| Company | Primerica, Inc. (PRI) |
| Form Type | 8-K |
| Filed Date | May 6, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-k
Related Tickers: PRI
TL;DR
Primerica dropped its 8-K. Check financials.
AI Summary
On May 6, 2024, Primerica, Inc. filed an 8-K report detailing its financial condition and results of operations. The filing includes financial statements and exhibits, indicating a regular disclosure of the company's performance. No specific financial figures or significant events were highlighted in the provided excerpt.
Why It Matters
This filing provides investors with updated information on Primerica's financial health and operational performance, crucial for investment decisions.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial information and does not appear to contain any negative or high-risk events.
Key Players & Entities
- Primerica, Inc. (company) — Registrant
- May 6, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Duluth, Georgia (location) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing for Primerica, Inc.?
The primary purpose is to report on Primerica, Inc.'s Results of Operations and Financial Condition, as well as Regulation FD Disclosure and Financial Statements and Exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on May 6, 2024.
In which state is Primerica, Inc. incorporated?
Primerica, Inc. is incorporated in Delaware.
What is the address of Primerica, Inc.'s Principal Executive Offices?
The address of Primerica, Inc.'s Principal Executive Offices is 1 Primerica Parkway, Duluth, Georgia 30099.
What is Primerica, Inc.'s telephone number?
Primerica, Inc.'s telephone number is (770) 381-1000.
Filing Stats: 1,179 words · 5 min read · ~4 pages · Grade level 13.4 · Accepted 2024-05-06 16:44:40
Filing Documents
- pri-20240506.htm (8-K) — 62KB
- pri-ex99_1.htm (EX-99.1) — 544KB
- pri-ex99_2.htm (EX-99.2) — 5103KB
- img164271198_0.jpg (GRAPHIC) — 7KB
- img165194719_0.jpg (GRAPHIC) — 21KB
- img186806321_0.jpg (GRAPHIC) — 17KB
- 0000950170-24-053626.txt ( ) — 6071KB
- pri-20240506.xsd (EX-101.SCH) — 29KB
- pri-20240506_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On May 6, 2024, Primerica, Inc. (the "Company") announced its results of operations for the quarter ended March 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1. The information provided pursuant to this Item 2.02, including Exhibit 99.1 in Item 9.01, is "furnished" and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such section, and shall not be incorporated by reference in any filing made by the Company under the Exchange Act or the Securities Act of 1933, as amended (the "Securities Act"), except to the extent expressly set forth by specific reference in any such filings. Use of Non-GAAP Financial Measures In addition to reporting financial results in accordance with U.S. generally accepted accounting principles ("GAAP"), the Company presents certain non-GAAP financial measures. Specifically, the Company presents adjusted direct premiums, other ceded premiums, adjusted operating revenues, adjusted operating income before income taxes, adjusted net operating income, adjusted stockholders' equity and diluted adjusted operating earnings per share. Adjusted direct premiums and other ceded premiums are net of amounts ceded under coinsurance transactions that were executed concurrent with our initial public offering (the "IPO coinsurance transactions") for all periods presented. We exclude amounts ceded under the IPO coinsurance transactions in measuring adjusted direct premiums and other ceded premiums to present meaningful comparisons of the actual premiums economically maintained by the Company. Amounts ceded under the IPO coinsurance transactions will continue to decline over time as policies terminate within this block of business. Adjusted operating revenues, adjusted operating income before income taxes, adjusted net operating income and dilut
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On May 6, 2024, the Company posted to the "Investor Relations" section of its website certain supplemental financial information relating to the quarter ended March 31, 2024. A copy of the supplemental financial information is attached hereto as Exhibit 99.2. The information provided pursuant to this Item 7.01, including Exhibit 99.2 in Item 9.01, is "furnished" and shall not be deemed to be "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of such section, and shall not be incorporated by reference in any filing made by the Company under the Exchange Act or the Securities Act, except to the extent expressly set forth by specific reference in any such filings.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 99.1 Press Release dated May 6, 2024 – Primerica Reports First Quarter 2024 Results 99.2 Primerica, Inc. Supplemental Financial Information – First Quarter 2024 104 Cover Page from this Current Report on Form 8-K, formatted in Inline XBRL 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 6, 2024 PRIMERICA, INC. /s/ Tracy Tan Tracy Tan Executive Vice President and Chief Financial Officer 4