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Primerica PRI Life Insurance — Ceded Premiums Written

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Other financials

Income statement

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Revenue$865.1M+9.0%
Gross profit$775.2M+17.3%
Net income$202.3M+13.4%
EPS (diluted)$6.45+19.4%

Balance sheet

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Cash & equivalents$600.2M-3.4%
Total debt$46.9M-10.5%
Total equity$2.5B+9.3%
Total assets$14.8B-0.3%

Cash flow

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Operating cash flow$193.8M+19.2%

Valuation

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Market cap$10B+13.9%
Enterprise value$9.44B+15.0%
P/E12.6×-0.4×
P/S2.9×+0.1×

Profitability

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Gross margin98.1%+0.2pp
Net margin23.2%+1.7pp

Returns & leverage

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Return on equity33%+2.3pp
Debt / equity0.0×

Where this comes from

Reported directly by Primerica in its filing.

Tagged under the XBRL concept us-gaap:CededPremiumsWritten.

The source filing: Primerica’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 3:15 PM EST
Fiscal year
FY2025
Accession
0001193125-26-082233
Line itemGross amountCeded to other companiesAssumed from other companiesNet amountPercentage of amount assumed to net
Life insurance in force$969,529,768$827,832,374-$141,697,394
Premiums:
Life insurance$3,462,282$1,678,874-$1,783,408
Accident and health insurance4983-495
Total premiums$3,462,780$1,678,877-$1,783,903
Year ended December 31, 2024
Gross amountCeded to other companiesAssumed from other companiesNet amountPercentage of amount assumed to net
(Dollars in thousands)

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES.

FAQ

What is Primerica's life insurance — ceded premiums written?
Primerica (PRI) reported life insurance — ceded premiums written of $419.72M in Q4 2025.
How has Primerica's life insurance — ceded premiums written changed year-over-year?
Primerica's life insurance — ceded premiums written increased by 0.9% year-over-year, from $416.11M to $419.72M.
What is the long-term trend for Primerica's life insurance — ceded premiums written?
Over 4 years (2021 to 2025), Primerica's life insurance — ceded premiums written has grown at a 1.0% compound annual growth rate (CAGR), from $1.62B to $1.68B.
What does life insurance — ceded premiums written mean?
The portion of direct premiums that the life insurance segment transfers to reinsurers to mitigate risk. This reflects the company's risk management strategy and reliance on reinsurance partners.

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