While the rest of the financial services industry is shrinking and retrenching, Primerica is strong and growing. Just look at our strength:
- Insures more than 4.3 million lives.
- More than 2 million clients maintain investment accounts with us.
- More than 100,000 licensed representatives (as of June 30, 2009).
- Placed in force more than $87 billion in life insurance in 2008.
- An average of $2.5 million in benefit claims is paid every day.
- Investment clients have more than $25 billion in asset values in their Primerica investment accounts (as of June 30, 2009).
- Primerica Life’s financial strength is rated A+ (Superior) by A.M. Best, the oldest and most prominent rating agency in the insurance industry.*
- Year after year, through good times and bad, Primerica is highly profitable. Over the past seven years, we have reported average annual revenue of $2.2 billion and average annual net income of over $500 million.
- We have zero debt.
- Primerica has $4.7 billion in capital.
We are strong and growing, any way you measure it.
We do what’s right: for our clients and for our field force.
* A.M. Best ratings range in order from the highest ratings as follows: A++, A+, A, A-, B++, B+, B, B-, C++, C+, C, C-, D, E, F.
Updated on December 3, 2009.
Tags: A.M. Best, capital, credibility, death benefits, financial services, life insurance companies, net income, Primerica, profits, ratings, term life insurance, zero debt
This entry was posted on Monday, May 4th, 2009 at 3:02 pm and is filed under Primerica. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
May 9th, 2009 at 1:34 pm Mark Abbey Says:
Those are some impressive numbers. Especially considering the economy. Pretty amazing!