Primerica Leaders from U.S. and Canada Convene in Dallas to Discuss Year Ahead
January 04 2023 - 08:00AM
Business Wire
2023 to focus on continuing to expand
distribution capabilities to meet the needs of more North American
families.
Primerica, Inc. (NYSE: PRI), a leading provider of financial
services in the United States and Canada, will kick off the new
year with approximately eight hundred of its top sales leaders
meeting in Dallas, Texas on January 4-5, 2023. Along with
discussing company-wide initiatives for 2023, the annual leadership
meeting will celebrate 2022 milestones and discuss opportunities
ahead for the year.
“During 2022, as we continue to protect the financial future of
a record number of households, Primerica grew to more than 135K1
life-licensed representatives. We issued $104 billion of term life
insurance raising our term life insurance coverage in force to $916
billion. Most importantly, we paid approximately $1.9 billion in
death claims to help relieve financial stress for families during a
time of significant emotional loss,” said Glenn Williams, Primerica
CEO. “In addition, we assisted clients with almost $10 billion of
investments toward their future goals, bringing our client asset
values to $84 billion. “
Williams continued, “As we enter 2023, we will lead innovation
in our industry with a new generation of term life insurance
products and a broad offering of investment and other products to
bring more value to middle income families facing difficult
economic conditions.”
The 2022 growth of Primerica’s distribution capabilities was
driven by 358K recruits. This included just over 45K newly
life-licensed representatives and nearly 2.5K newly
securities-licensed representatives, bringing the company’s total
number of licensed securities representatives to just over 26K.
About Primerica, Inc.
Primerica is a leading provider of financial services to
middle-income households in the United States and Canada. Licensed
financial representatives educate Primerica clients about how to
prepare for a more secure financial future by assessing their needs
and providing appropriate products like term life insurance, mutual
funds, annuities, and other financial products. Primerica insured
over 5.7 million lives and had over 2.7 million client investment
accounts as of December 31, 2021. Primerica was the #2 issuer of
Term Life insurance coverage in the United States and Canada in
2021 through its insurance company subsidiaries. Primerica stock is
included in the S&P MidCap 400 and the Russell 1000 stock
indices and is traded on The New York Stock Exchange under the
symbol “PRI”.
1 All production results contained herein are preliminary.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230104005170/en/
Public Relations Susan Chana, 404-229-8302
susan.chana@primerica.com
Investor Relations Nicole Russell, 470-564-6663
nicole.russell@primerica.com
Primerica (NYSE:PRI)
Historical Stock Chart
From May 2023 to Jun 2023
Primerica (NYSE:PRI)
Historical Stock Chart
From Jun 2022 to Jun 2023