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Primerica PRI Term Life Insurance Segment Revenues — Net Investment Income

Discontinued — last reported Q4 '22

Similar metrics at other companies

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CINFLife Insurance Segment — Investment income, net of expenses
$50.5M+6.3%
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PRUIndividual Life — Supplementary Insurance Information Net Investment Income
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PRUGroup Insurance — Net Investment Income
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CINFLife Insurance — Supplementary Insurance Information Net Investment Income
$38M-0.7%

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:NetInvestmentIncome.

The official record: Primerica’s 10-K, filed February 28, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Primerica's term life insurance segment revenues — net investment income?
Primerica (PRI) reported term life insurance segment revenues — net investment income of $14.19M in Q4 2022.
How has Primerica's term life insurance segment revenues — net investment income changed year-over-year?
Primerica's term life insurance segment revenues — net investment income increased by 39.6% year-over-year, from $10.16M to $14.19M.
What does term life insurance segment revenues — net investment income mean?
The profit earned from investing the premiums collected by the term life insurance business.
How do you interpret term life insurance segment revenues — net investment income?
Higher net investment income indicates effective management of the insurance float and favorable market returns.
How does term life insurance segment revenues — net investment income compare across companies?
Standard metric for all insurance companies, representing the 'spread' earned on insurance float.