Primerica Responds to Misinformation About the Company
April 18 2024 - 2:36PM
Business Wire
Primerica, Inc. (NYSE: PRI), a leading provider of financial
services and products in the United States and Canada, today issued
a statement in response to a blogger who published a misleading
opinion about Primerica with the intent to drive down its stock
price.
Their assertions and conclusions about Primerica are false. They
do not accurately portray what Primerica’s licensed sales force
does every day to assist middle-income families. Accordingly, we
believe the blog is a self-interested attempt to profit at the
expense of Primerica’s stockholders.
For over 47 years, we have provided financial products and
services to households in the United States and Canada. We protect
over 5.7 million lives with life insurance and paid over $1.8
billion in claims to the families of our clients last year. We also
have 2.9 million clients who trust us with almost $100 billion of
investments.
Primerica’s unwavering commitment to our clients is reflected in
our high satisfaction and loyalty ratings. We operate with
discipline and integrity, in accordance with the high standards and
applicable laws and regulations of the financial services
industry.
We are confident that we have the right business model, products
and solutions to create value for our clients and our stockholders.
We encourage everyone to get the facts about our company at:
https://investors.primerica.com/
About Primerica, Inc.
Primerica, Inc., headquartered in Duluth, GA, is a leading
provider of financial products and services to middle-income
households in North America. Independent licensed representatives
educate Primerica clients about how to better prepare for a more
secure financial future by assessing their needs and providing
appropriate solutions through term life insurance, which we
underwrite, and mutual funds, annuities and other financial
products, which we distribute primarily on behalf of third parties.
We insured over 5.7 million lives and had over 2.9 million client
investment accounts on December 31, 2023. Primerica, through its
insurance company subsidiaries, was the #3 issuer of Term Life
insurance coverage in the United States and Canada in 2022.
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”.
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version on businesswire.com: https://www.businesswire.com/news/home/20240418601503/en/
Investor Relations Nicole Russell, 470-564-6663
nicole.russell@primerica.com
Public Relations Gana Ahn, 678-431-9266
gana.ahn@primerica.com
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