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Citizens CIA Permanent — Net liability for future policy benefits

Other product segments

Life Insurance Product Line
$1.17B-0.8%
Permanent Limited Pay
$266.61M-1.2%
Accident and Health Insurance Product Line
$1.4M+25.7%

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UNMLong-term Care — Net liability for future policy benefits
$16.52B+6.6%
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GLLife — Net liability for future policy benefits at original discount rates
$14.2B+4.2%
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HMNTerm Life — Net liability for future policy benefits
$143.2M+3.5%
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GLLife — Net liability for future policy benefits—long duration health
$15.03B+1.2%
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CBSegment Life — Net liability for future policy benefits
$14.76B+10.5%
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HMNWhole Life — Net liability for future policy benefits
$274.4M-1.9%

Other financials

Income statement

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Revenue$59.7M+7.3%
Net income$2.3M+240%
EPS (diluted)$0.04+233%

Balance sheet

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Cash & equivalents$18.5M+0.9%
Total debt$7.4M-5.5%
Total equity$238.7M+9.4%
Total assets$1.7B+2.2%

Cash flow

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Operating cash flow-$323.0K-143%
CapEx$326.0K+205%
Free cash flow-$649.0K-201%

Valuation

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Market cap$300.79M+65.2%
P/E16.3×-4.5×
P/S1.2×+0.4×

Profitability

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Net margin7.1%+3.5pp
FCF margin6.3%-4.1pp

Returns & leverage

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Return on equity8.1%+3.9pp
Debt / equity0.0×

Where this comes from

Reported directly by Citizens in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefits.

The official record: Citizens’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Citizens's permanent — net liability for future policy benefits?
Citizens (CIA) reported permanent — net liability for future policy benefits of $786.28M in Q1 2026.
How has Citizens's permanent — net liability for future policy benefits changed year-over-year?
Citizens's permanent — net liability for future policy benefits decreased by 2.2% year-over-year, from $803.73M to $786.28M.
What is the long-term trend for Citizens's permanent — net liability for future policy benefits?
Over 3 years (2022 to 2025), Citizens's permanent — net liability for future policy benefits has grown at a -2.3% compound annual growth rate (CAGR), from $3.44B to $3.21B.
What does permanent — net liability for future policy benefits mean?
Represents the total net reserve held by the company to cover future obligations for permanent life insurance policies. It is a primary indicator of the company's long-term financial commitment and the scale of its insurance liabilities.