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Primerica PRI Reserve for Incurred But Not Reported (IBNR) Claims

Reserve for Incurred But Not Reported (IBNR) Claims at other companies

RenaissanceRe Holdings logo
RenaissanceRe HoldingsRNR
$4.5M-69.9%
Assurant logo
AssurantAIZ
$1.57B-3.8%
RenaissanceRe Holdings logo
RenaissanceRe HoldingsRNR
$2.04B-44.9%
CNA Financial logo
CNA FinancialCNA
CNA Financial logo
CNA FinancialCNA
CNA Financial logo
CNA FinancialCNA

Other financials

Income statement

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Revenue$872.7M+8.4%
Gross profit$775.2M+17.3%
Net income$190.1M+12.4%
EPS (diluted)$5.97+18.2%

Balance sheet

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Cash & equivalents$645.8M+3.3%
Total debt$48.4M-8.6%
Total equity$2.5B+11.7%
Total assets$14.7B+0.6%

Cash flow

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Operating cash flow$156.8M-20.6%

Valuation

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Market cap$8.79B-16.2%
Enterprise value$8.19B-17.5%
P/E11.4×-9.5×
P/S2.6×-0.7×

Profitability

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Gross margin98.1%+0.2pp
Net margin23%+7.1pp

Returns & leverage

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Return on equity32.3%+9.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Primerica in its filing.

Tagged under the XBRL concept us-gaap:OtherPolicyholderFunds.

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

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Questions, answered.

What is Primerica's reserve for incurred but not reported (IBNR) claims?
Primerica (PRI) reported reserve for incurred but not reported (IBNR) claims of $342.43M in Q1 2026.
How has Primerica's reserve for incurred but not reported (IBNR) claims changed year-over-year?
Primerica's reserve for incurred but not reported (IBNR) claims decreased by 13.3% year-over-year, from $394.83M to $342.43M.
What is the long-term trend for Primerica's reserve for incurred but not reported (IBNR) claims?
Over 5 years (2020 to 2025), Primerica's reserve for incurred but not reported (IBNR) claims has grown at a -4.5% compound annual growth rate (CAGR), from $447.77M to $356.43M.
What does reserve for incurred but not reported (IBNR) claims mean?
Money reserved for insurance claims that have happened but have not yet been reported to the company.
How do you interpret reserve for incurred but not reported (IBNR) claims?
Rising reserves may signal an increase in claims frequency or severity, whereas declining reserves may suggest favorable loss development trends.
How does reserve for incurred but not reported (IBNR) claims compare across companies?
Commonly reported by all insurance underwriters; peer comparison focuses on the accuracy of historical estimation.