Primerica, Inc(NYSE:PRI)
Primerica, Inc., together with its subsidiaries, provides financial products to middle-income households in the United States and Canada. The company operates in three segments: Term Life Insurance; Investment and Savings Products; and Corporate and Other Distributed Products. It underwrites individ...
Website: http://www.primerica.com
Founded: 1977
Full Time Employees: 2,201
Sector: Financial Services
Industry: Insurance-Life
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
direct premiums | 871,246,000 | 869,030,000 | 868,651,000 | 866,254,000 | 858,845,000 | 854,748,000 | 852,452,000 | 845,358,000 | 841,047,000 | 834,275,000 | 831,681,000 | 828,296,000 | 817,872,000 | 812,481,000 | 810,079,000 | 808,894,000 | 798,666,000 | 794,344,000 | 785,277,000 | 780,299,000 | 762,227,000 | 750,818,000 | 736,606,000 | 717,088,000 | 702,637,000 | 697,060,000 | 692,258,000 | 687,262,000 | 677,286,000 | 673,605,000 | 670,222,000 | 667,191,000 | 656,087,000 | 650,906,000 | 646,079,000 | 637,426,000 | 627,698,000 | 616,587,000 | 612,189,000 | 597,130,000 | 591,855,000 | 587,882,000 | 588,248,000 | 577,458,000 | 578,905,000 | 577,482,000 | 576,740,000 | 568,205,000 | 577,867,000 | 576,095,000 | 577,208,000 | 570,899,000 | 569,592,000 | 567,273,000 | 570,073,000 | 561,037,000 | 555,778,000 | 560,739,000 | 560,881,000 | 552,069,000 | 547,444,000 | 547,455,000 | 537,845,000 |
ceded premiums | -414,859,000 | -420,843,000 | -414,104,000 | -433,408,000 | -410,521,000 | -414,463,000 | -412,645,000 | -427,561,000 | -409,764,000 | -410,182,000 | -411,015,000 | -425,266,000 | -405,347,000 | -406,088,000 | -404,870,000 | -419,048,000 | -399,885,000 | -405,147,000 | -401,295,000 | -413,850,000 | -395,973,000 | -397,676,000 | -393,716,000 | -402,549,000 | -386,825,000 | -390,365,000 | -388,982,000 | -400,588,000 | -389,795,000 | -392,291,000 | -391,175,000 | -403,449,000 | -394,249,000 | -397,319,000 | -397,641,000 | -406,043,000 | -399,769,000 | -399,676,000 | -406,683,000 | -395,333,000 | -396,838,000 | -393,987,000 | -406,854,000 | -397,540,000 | -401,358,000 | -402,198,000 | -410,546,000 | -402,715,000 | -408,615,000 | -407,488,000 | -417,450,000 | -410,604,000 | -414,784,000 | -414,991,000 | -415,815,000 | -418,163,000 | -419,630,000 | -425,643,000 | -435,564,000 | -422,238,000 | -437,054,000 | -447,213,000 | -148,119,000 |
net premiums | 456,387,000 | 448,187,000 | 454,547,000 | 432,846,000 | 448,324,000 | 440,285,000 | 439,807,000 | 417,797,000 | 431,283,000 | 424,093,000 | 420,666,000 | 403,030,000 | 412,525,000 | 406,393,000 | 405,209,000 | 389,846,000 | 398,781,000 | 389,197,000 | 383,982,000 | 366,449,000 | 366,254,000 | 353,142,000 | 342,890,000 | 314,539,000 | 315,812,000 | 306,695,000 | 303,276,000 | 286,674,000 | 287,491,000 | 281,314,000 | 279,047,000 | 263,742,000 | 261,838,000 | 253,587,000 | 248,438,000 | 231,383,000 | 227,929,000 | 216,911,000 | 205,506,000 | 201,797,000 | 195,017,000 | 193,895,000 | 181,394,000 | 179,918,000 | 177,547,000 | 175,284,000 | 166,194,000 | 165,490,000 | 169,252,000 | 168,607,000 | 159,758,000 | 160,295,000 | 154,808,000 | 152,282,000 | 154,258,000 | 142,874,000 | 136,148,000 | 135,096,000 | 125,317,000 | 129,831,000 | 110,390,000 | 100,242,000 | 389,726,000 |
commissions and fees | 356,741,000 | 347,386,000 | 325,490,000 | 306,032,000 | 296,957,000 | 293,850,000 | 271,901,000 | 279,769,000 | 255,021,000 | 246,837,000 | 238,902,000 | 233,130,000 | 231,547,000 | 226,720,000 | 225,468,000 | 240,688,000 | 251,800,000 | 288,284,000 | 269,796,000 | 250,688,000 | 234,044,000 | 204,112,000 | 185,302,000 | 171,788,000 | 190,069,000 | 188,302,000 | 179,719,000 | 178,468,000 | 167,315,000 | 171,961,000 | 170,879,000 | 167,940,000 | 166,827,000 | 154,106,000 | 144,627,000 | 148,317,000 | 144,268,000 | 134,282,000 | 136,902,000 | 128,821,000 | 132,793,000 | 132,368,000 | 139,150,000 | 132,835,000 | 135,268,000 | 132,928,000 | 132,039,000 | 126,933,000 | 123,909,000 | 118,443,000 | 116,857,000 | 111,988,000 | 112,772,000 | 104,337,000 | 106,761,000 | 103,905,000 | 97,282,000 | 100,883,000 | 108,698,000 | 106,116,000 | 89,737,000 | 93,226,000 | 91,690,000 |
investment income net of investment expenses | 56,506,000 | 56,399,000 | 56,907,000 | 55,549,000 | 56,340,000 | 53,434,000 | 57,017,000 | 54,111,000 | 53,591,000 | 53,771,000 | 51,036,000 | 49,006,000 | 47,500,000 | 44,839,000 | 40,629,000 | 37,099,000 | 34,420,000 | 35,825,000 | 35,741,000 | 36,030,000 | 35,198,000 | 37,954,000 | 37,657,000 | 36,784,000 | 28,892,000 | 35,531,000 | 35,444,000 | 36,637,000 | 34,785,000 | 32,228,000 | 30,214,000 | 29,082,000 | 27,390,000 | 27,287,000 | 27,153,000 | 25,829,000 | 25,612,000 | 24,356,000 | 24,994,000 | 25,392,000 | 21,639,000 | 22,487,000 | 21,782,000 | ||||||||||||||||||||
interest expense on surplus note | -13,223,000 | -14,277,000 | -14,476,000 | -14,621,000 | -14,669,000 | -15,300,000 | -15,908,000 | -15,659,000 | -15,785,000 | -16,126,000 | -16,306,000 | -16,608,000 | -16,435,000 | -16,309,000 | -16,283,000 | -15,815,000 | -15,515,000 | -15,825,000 | -15,741,000 | -15,495,000 | -15,146,000 | -15,223,000 | -14,704,000 | -14,074,000 | -13,472,000 | -13,113,000 | -12,769,000 | -11,769,000 | -10,674,000 | -10,467,000 | -9,592,000 | -9,052,000 | -8,373,000 | -7,828,000 | -7,231,000 | -6,087,000 | -5,718,000 | -4,957,000 | -4,605,000 | -4,154,000 | -4,094,000 | -3,772,000 | -2,707,000 | ||||||||||||||||||||
net investment income | 43,283,000 | 42,122,000 | 42,431,000 | 40,928,000 | 41,671,000 | 38,134,000 | 41,109,000 | 38,452,000 | 37,806,000 | 37,645,000 | 34,730,000 | 32,398,000 | 31,065,000 | 28,530,000 | 24,346,000 | 21,284,000 | 18,905,000 | 20,000,000 | 20,000,000 | 20,535,000 | 20,052,000 | 22,731,000 | 22,953,000 | 22,710,000 | 15,420,000 | 22,418,000 | 22,675,000 | 24,868,000 | 24,111,000 | 21,761,000 | 20,622,000 | 20,030,000 | 19,017,000 | 19,459,000 | 19,922,000 | 19,742,000 | 19,894,000 | 19,399,000 | 20,389,000 | 21,238,000 | 17,545,000 | 18,715,000 | 19,075,000 | 21,173,000 | 22,728,000 | 20,465,000 | 21,681,000 | 21,599,000 | 22,407,000 | 22,103,000 | 21,027,000 | 23,216,000 | 24,221,000 | 26,881,000 | 23,605,000 | 26,097,000 | 25,643,000 | 27,103,000 | 27,229,000 | 28,626,000 | 27,855,000 | 27,991,000 | 82,576,000 |
realized investment gains | -847,000 | 214,000 | 170,000 | -2,338,000 | -82,000 | 133,000 | 311,000 | 565,000 | 7,000 | 5,000 | -3,000 | 337,000 | -985,000 | 520,000 | 292,000 | 56,000 | 577,000 | 789,000 | 1,410,000 | 701,000 | 1,766,000 | 2,649,000 | 642,000 | 1,742,000 | -10,030,000 | ||||||||||||||||||||||||||||||||||||||
other investment gains | 1,243,000 | 427,000 | 482,000 | -528,000 | 839,000 | -1,312,000 | 1,898,000 | -664,000 | 1,298,000 | 829,000 | -1,792,000 | -665,000 | -3,623,000 | 2,326,000 | -2,991,000 | -1,948,000 | 174,000 | ||||||||||||||||||||||||||||||||||||||||||||||
investment gains | 396,000 | 641,000 | 652,000 | -2,866,000 | 757,000 | -1,179,000 | 2,209,000 | -99,000 | 1,305,000 | 834,000 | -1,795,000 | -328,000 | -4,608,000 | 2,846,000 | -2,699,000 | -1,892,000 | 751,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other | 15,886,000 | 15,349,000 | 16,732,000 | 16,394,000 | 17,134,000 | 17,020,000 | 19,103,000 | 67,456,000 | 17,415,000 | 16,929,000 | 18,429,000 | 20,155,000 | 19,507,000 | 22,450,000 | 20,965,000 | 18,756,000 | 20,989,000 | 24,617,000 | 18,051,000 | 16,313,000 | 15,595,000 | 15,694,000 | 16,674,000 | 15,036,000 | 13,665,000 | 13,779,000 | 14,698,000 | 13,825,000 | 13,223,000 | 13,940,000 | 14,359,000 | 14,790,000 | 13,897,000 | 14,710,000 | 14,291,000 | 14,150,000 | 12,939,000 | 13,069,000 | 13,007,000 | 11,889,000 | 12,132,000 | 11,105,000 | 10,651,000 | 9,929,000 | 10,916,000 | 10,791,000 | 10,385,000 | 10,043,000 | 10,773,000 | 10,711,000 | 11,197,000 | 10,660,000 | 11,642,000 | 11,716,000 | 11,580,000 | 11,594,000 | 12,526,000 | 12,887,000 | 11,816,000 | 11,452,000 | 12,239,000 | 12,466,000 | 11,893,000 |
total revenues | 872,693,000 | 853,685,000 | 839,852,000 | 793,334,000 | 804,843,000 | 788,110,000 | 774,129,000 | 803,375,000 | 742,830,000 | 726,338,000 | 710,932,000 | 688,385,000 | 690,036,000 | 686,939,000 | 673,289,000 | 668,682,000 | 691,226,000 | 724,094,000 | 693,239,000 | 654,686,000 | 637,711,000 | 598,328,000 | 568,461,000 | 525,815,000 | 524,936,000 | 531,959,000 | 520,653,000 | 504,902,000 | 494,987,000 | 487,325,000 | 484,781,000 | 467,815,000 | 459,923,000 | 442,941,000 | 427,300,000 | 413,696,000 | 405,164,000 | 383,626,000 | 379,244,000 | 362,962,000 | 354,126,000 | 355,824,000 | 350,867,000 | 345,139,000 | 345,385,000 | 339,187,000 | 331,130,000 | 324,328,000 | 327,240,000 | 319,457,000 | 312,307,000 | 308,445,000 | 304,501,000 | 299,088,000 | 300,525,000 | 286,601,000 | 275,855,000 | 275,791,000 | 275,095,000 | 276,352,000 | 241,236,000 | 234,299,000 | 606,942,000 |
yoy | 8.43% | 8.32% | 8.49% | -1.25% | 8.35% | 8.50% | 8.89% | 16.70% | 7.65% | 5.74% | 5.59% | 2.95% | -0.17% | -5.13% | -2.88% | 2.14% | 8.39% | 21.02% | 21.95% | 24.51% | 21.48% | 12.48% | 9.18% | 4.14% | 6.05% | 9.16% | 7.40% | 7.93% | 7.62% | 10.02% | 13.45% | 13.08% | 13.52% | 15.46% | 12.67% | 13.98% | 14.41% | 7.81% | 8.09% | 5.16% | 2.53% | 4.90% | 5.96% | 6.42% | 5.54% | 6.18% | 6.03% | 5.15% | 7.47% | 6.81% | 3.92% | 7.62% | 10.38% | 8.45% | 9.24% | 3.71% | 14.35% | 17.71% | -54.68% | ||||
qoq | 2.23% | 1.65% | 5.86% | -1.43% | 2.12% | 1.81% | -3.64% | 8.15% | 2.27% | 2.17% | 3.28% | -0.24% | 0.45% | 2.03% | 0.69% | -3.26% | -4.54% | 4.45% | 5.89% | 2.66% | 6.58% | 5.25% | 8.11% | 0.17% | -1.32% | 2.17% | 3.12% | 2.00% | 1.57% | 0.52% | 3.63% | 1.72% | 3.83% | 3.66% | 3.29% | 2.11% | 5.61% | 1.16% | 4.49% | 2.50% | -0.48% | 1.41% | 1.66% | -0.07% | 1.83% | 2.43% | 2.10% | -0.89% | 2.44% | 2.29% | 1.25% | 1.30% | 1.81% | -0.48% | 4.86% | 3.90% | 0.02% | 0.25% | -0.45% | 14.56% | 2.96% | -61.40% | |
benefits and expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefits and claims | 171,254,000 | 166,420,000 | 172,152,000 | 152,494,000 | 174,862,000 | 167,449,000 | 164,363,000 | 150,030,000 | 166,321,000 | 168,739,000 | 162,062,000 | 148,911,000 | 168,702,000 | 154,130,000 | 171,293,000 | 153,257,000 | 187,069,000 | 187,192,000 | 183,425,000 | 168,347,000 | 183,789,000 | 180,944,000 | 160,166,000 | 139,646,000 | 134,813,000 | 127,784,000 | 128,684,000 | 115,068,000 | 122,284,000 | 116,836,000 | 118,787,000 | 105,069,000 | 116,890,000 | 108,258,000 | 105,864,000 | 99,512,000 | 102,385,000 | 93,022,000 | 88,984,000 | 90,977,000 | 85,694,000 | 88,599,000 | 82,521,000 | 82,500,000 | 82,578,000 | 81,235,000 | 72,412,000 | 75,191,000 | 75,548,000 | 81,912,000 | 69,770,000 | 74,246,000 | 71,151,000 | 70,738,000 | 68,925,000 | 67,933,000 | 63,688,000 | 64,101,000 | 57,272,000 | 57,635,000 | 49,811,000 | 45,124,000 | 170,735,000 |
future policy benefits remeasurement loss | -7,377,000 | -5,107,000 | -23,114,000 | -5,895,000 | -3,273,000 | 1,374,000 | -23,019,000 | -4,329,000 | 55,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred policy acquisition costs | 84,260,000 | 82,812,000 | 81,498,000 | 80,043,000 | 78,550,000 | 76,905,000 | 75,539,000 | 73,643,000 | 72,049,000 | 70,378,000 | 69,405,000 | 68,110,000 | 67,358,000 | 93,776,000 | 90,925,000 | 85,379,000 | 86,063,000 | 68,575,000 | 62,214,000 | 54,286,000 | 66,105,000 | 53,342,000 | 47,491,000 | 53,177,000 | 70,311,000 | 67,279,000 | 63,883,000 | 58,762,000 | 64,628,000 | 66,184,000 | 59,534,000 | 53,847,000 | 60,165,000 | 56,305,000 | 53,384,000 | 47,861,000 | 51,850,000 | 45,428,000 | 38,720,000 | 43,129,000 | 44,335,000 | 40,797,000 | 36,384,000 | 36,213,000 | 39,544,000 | 36,944,000 | 32,696,000 | 35,193,000 | 35,627,000 | 32,192,000 | 30,112,000 | 31,252,000 | 34,628,000 | 29,234,000 | 28,205,000 | 26,531,000 | 35,875,000 | 30,532,000 | 27,385,000 | 25,556,000 | 23,844,000 | 22,899,000 | 91,756,000 |
sales commissions | 195,210,000 | 187,823,000 | 174,688,000 | 166,291,000 | 158,118,000 | 157,703,000 | 142,254,000 | 142,154,000 | 131,138,000 | 116,747,000 | 116,200,000 | 113,623,000 | 110,874,000 | 103,162,000 | 105,915,000 | 119,763,000 | 133,924,000 | 139,843,000 | 129,268,000 | 131,303,000 | 121,894,000 | 102,587,000 | 91,950,000 | 85,492,000 | 96,607,000 | 94,238,000 | 89,061,000 | 90,099,000 | 83,799,000 | 85,322,000 | 84,588,000 | 82,954,000 | 82,519,000 | 76,823,000 | 72,022,000 | 75,440,000 | 73,704,000 | 66,700,000 | 70,146,000 | 66,643,000 | 67,535,000 | 67,402,000 | 71,499,000 | 68,457,000 | 68,790,000 | 67,500,000 | 67,364,000 | 65,121,000 | 61,163,000 | 58,388,000 | 57,638,000 | 55,048,000 | 54,007,000 | 49,370,000 | 51,475,000 | 49,717,000 | 43,816,000 | 46,971,000 | 50,163,000 | 50,356,000 | 42,264,000 | 43,511,000 | 43,881,000 |
insurance expenses | 66,567,000 | 70,168,000 | 64,131,000 | 64,362,000 | 64,805,000 | 66,256,000 | 63,529,000 | 62,685,000 | 63,149,000 | 57,421,000 | 57,821,000 | 59,093,000 | 61,125,000 | 58,884,000 | 57,552,000 | 59,461,000 | 59,509,000 | 53,359,000 | 51,901,000 | 48,579,000 | 48,766,000 | 49,545,000 | 46,109,000 | 43,753,000 | 48,709,000 | 45,992,000 | 44,854,000 | 44,570,000 | 43,402,000 | 41,671,000 | 41,925,000 | 43,451,000 | 41,109,000 | 35,103,000 | 37,637,000 | 36,920,000 | 37,621,000 | 32,837,000 | 33,026,000 | 33,311,000 | 29,668,000 | 30,261,000 | 29,094,000 | 34,641,000 | 27,262,000 | 31,495,000 | 28,192,000 | 28,502,000 | 28,339,000 | 25,083,000 | 28,094,000 | 27,052,000 | 25,764,000 | 23,744,000 | 24,589,000 | 22,444,000 | 16,938,000 | 15,465,000 | 19,154,000 | 9,552,000 | 11,999,000 | 10,083,000 | 37,529,000 |
insurance commissions | 5,618,000 | 5,621,000 | 5,499,000 | 5,751,000 | 6,124,000 | 7,795,000 | 7,180,000 | 7,399,000 | 9,634,000 | 9,030,000 | 7,911,000 | 9,142,000 | 8,138,000 | 7,279,000 | 7,666,000 | 7,594,000 | 7,721,000 | 8,542,000 | 8,412,000 | 8,838,000 | 8,740,000 | 9,263,000 | 9,694,000 | 6,333,000 | 6,844,000 | 6,624,000 | 6,980,000 | 5,829,000 | 5,619,000 | 5,612,000 | 6,584,000 | 6,417,000 | 5,877,000 | 5,459,000 | 5,593,000 | 5,157,000 | 4,899,000 | 4,709,000 | 4,472,000 | 4,147,000 | 4,387,000 | 4,619,000 | 4,145,000 | 3,190,000 | 3,344,000 | 4,045,000 | 3,881,000 | 4,083,000 | 5,653,000 | 5,329,000 | 5,424,000 | 6,066,000 | 5,917,000 | 6,684,000 | 6,458,000 | 8,496,000 | 5,169,000 | 4,909,000 | 4,219,000 | 5,000,000 | 5,099,000 | 4,233,000 | 6,371,000 |
interest expense | 5,861,000 | 5,968,000 | 5,985,000 | 6,000,000 | 6,004,000 | 6,070,000 | 6,093,000 | 6,099,000 | 6,771,000 | 6,586,000 | 6,632,000 | 6,686,000 | 6,690,000 | 6,768,000 | 6,802,000 | 6,814,000 | 6,853,000 | 8,804,000 | 7,529,000 | 7,141,000 | 7,145,000 | 7,225,000 | 7,221,000 | 7,200,000 | 7,192,000 | 7,222,000 | 7,209,000 | 7,201,000 | 7,180,000 | 7,192,000 | 7,216,000 | 7,229,000 | 7,173,000 | 7,144,000 | 7,073,000 | 7,143,000 | 7,127,000 | 7,184,000 | 7,178,000 | 7,173,000 | 7,471,000 | 8,718,000 | 8,642,000 | 8,676,000 | 8,700,000 | 8,712,000 | 8,552,000 | 8,606,000 | 8,704,000 | 8,726,000 | 8,793,000 | 8,795,000 | 8,857,000 | 8,828,000 | 8,506,000 | 6,910,000 | 6,973,000 | 7,000,000 | 6,998,000 | 6,997,000 | 6,968,000 | 6,928,000 | |
other operating expenses | 101,882,000 | 92,906,000 | 87,334,000 | 89,791,000 | 98,338,000 | 86,046,000 | 83,612,000 | 88,566,000 | 100,944,000 | 84,572,000 | 79,353,000 | 83,189,000 | 89,536,000 | 80,442,000 | 73,791,000 | 79,730,000 | 86,435,000 | 77,292,000 | 79,864,000 | 66,726,000 | 72,963,000 | 63,782,000 | 59,347,000 | 56,152,000 | 65,914,000 | 60,676,000 | 54,843,000 | 55,913,000 | 65,707,000 | 56,584,000 | 54,712,000 | 55,083,000 | 63,227,000 | 45,761,000 | 45,527,000 | 45,274,000 | 52,736,000 | 45,309,000 | 44,838,000 | 47,370,000 | 42,643,000 | 40,475,000 | 41,757,000 | 44,653,000 | 46,038,000 | 45,236,000 | 42,293,000 | 40,800,000 | 55,240,000 | 41,273,000 | 45,030,000 | 45,754,000 | 43,231,000 | 39,934,000 | 40,446,000 | 41,105,000 | 40,709,000 | 42,962,000 | 41,743,000 | 40,111,000 | 39,372,000 | 65,183,000 | 36,268,000 |
total benefits and expenses | 623,275,000 | 606,611,000 | 568,173,000 | 558,837,000 | 583,528,000 | 569,598,000 | 519,551,000 | 795,578,000 | 563,594,000 | 529,297,000 | 512,131,000 | 499,489,000 | 526,899,000 | 519,393,000 | 587,390,000 | 531,382,000 | 588,223,000 | 657,798,000 | 546,137,000 | 485,220,000 | 509,402,000 | 466,688,000 | 421,978,000 | 391,753,000 | 430,390,000 | 409,815,000 | 395,514,000 | 377,442,000 | 392,619,000 | 379,401,000 | 373,346,000 | 354,050,000 | 376,960,000 | 334,853,000 | 327,100,000 | 317,307,000 | 330,322,000 | 295,189,000 | 287,364,000 | 292,750,000 | 281,733,000 | 280,871,000 | 274,042,000 | 278,330,000 | 276,256,000 | 275,167,000 | 255,390,000 | 257,496,000 | 270,274,000 | 252,903,000 | 244,861,000 | 248,213,000 | 243,555,000 | 228,532,000 | 228,604,000 | 223,136,000 | 213,168,000 | 211,940,000 | 206,934,000 | 195,207,000 | 179,357,000 | 197,961,000 | 386,540,000 |
income before income taxes | 249,418,000 | 7,797,000 | 179,236,000 | 197,041,000 | 198,801,000 | 188,896,000 | 163,137,000 | 167,546,000 | 85,899,000 | 137,300,000 | 103,003,000 | 66,296,000 | 147,102,000 | 169,466,000 | 128,309,000 | 131,640,000 | 146,483,000 | 134,062,000 | 94,546,000 | 122,144,000 | 125,139,000 | 127,460,000 | 102,368,000 | 107,924,000 | 111,435,000 | 113,765,000 | 82,963,000 | 108,088,000 | 100,200,000 | 96,389,000 | 74,842,000 | 88,437,000 | 91,880,000 | 70,212,000 | 56,966,000 | 66,554,000 | 67,446,000 | 60,232,000 | 60,946,000 | 70,556,000 | 71,921,000 | 63,465,000 | 62,687,000 | 63,851,000 | 68,161,000 | 81,145,000 | 61,879,000 | 36,338,000 | 220,402,000 | ||||||||||||||
income taxes | 59,322,000 | 6,626,000 | 41,332,000 | 45,106,000 | 46,738,000 | 44,392,000 | 38,031,000 | 35,706,000 | 34,092,000 | 31,737,000 | 24,239,000 | 31,788,000 | 35,663,000 | 41,304,000 | 30,437,000 | 31,556,000 | 34,382,000 | 32,552,000 | 22,077,000 | 28,587,000 | 28,916,000 | 30,014,000 | 23,203,000 | 21,380,000 | 26,296,000 | 27,065,000 | 17,248,000 | -60,354,000 | 33,565,000 | 33,282,000 | 22,772,000 | 30,400,000 | 32,554,000 | 25,036,000 | 24,446,000 | 25,603,000 | 27,652,000 | 23,408,000 | 23,664,000 | 22,407,000 | 26,469,000 | 23,347,000 | 19,766,000 | 23,364,000 | 23,956,000 | 21,387,000 | 20,675,000 | 24,957,000 | 25,741,000 | 21,709,000 | 21,502,000 | 23,250,000 | 24,138,000 | 28,678,000 | 22,284,000 | 14,330,000 | 77,116,000 | ||||||
net income | 190,096,000 | 197,047,000 | 206,793,000 | 178,344,000 | 169,051,000 | 167,071,000 | 164,373,000 | 1,171,000 | 137,904,000 | 151,935,000 | 152,063,000 | 144,504,000 | 125,106,000 | 131,840,000 | 51,807,000 | 105,563,000 | 78,764,000 | 34,508,000 | 111,439,000 | 128,162,000 | 97,872,000 | 100,084,000 | 112,101,000 | 101,510,000 | 72,469,000 | 93,557,000 | 96,223,000 | 97,446,000 | 79,165,000 | 86,544,000 | 85,139,000 | 86,700,000 | 65,715,000 | 168,442,000 | 66,635,000 | 63,107,000 | 52,070,000 | 58,037,000 | 59,326,000 | 45,176,000 | 47,947,000 | 49,350,000 | 49,173,000 | 43,401,000 | 45,465,000 | 41,595,000 | 49,271,000 | 45,080,000 | 37,200,000 | 43,190,000 | 43,490,000 | 38,845,000 | 40,271,000 | 45,599,000 | 46,180,000 | 41,756,000 | 41,185,000 | 40,601,000 | 44,023,000 | 52,467,000 | 39,595,000 | 22,008,000 | 143,286,000 |
yoy | 12.45% | 17.94% | 25.81% | 15130.06% | 22.59% | 9.96% | 8.10% | -99.19% | 10.23% | 15.24% | 193.52% | 36.89% | 58.84% | 282.06% | -53.51% | -17.63% | -19.52% | -65.52% | -0.59% | 26.26% | 35.05% | 6.98% | 16.50% | 4.17% | -8.46% | 8.10% | 13.02% | 12.39% | 20.47% | -48.62% | 27.77% | 37.39% | 26.21% | 190.23% | 12.32% | 39.69% | 8.60% | 17.60% | 20.65% | 4.09% | 5.46% | 18.64% | -0.20% | -3.72% | 22.22% | -3.69% | 13.29% | 16.05% | -7.63% | -5.28% | -5.83% | -6.97% | -2.22% | 12.31% | 4.90% | -20.41% | 4.02% | 84.48% | -69.28% | ||||
qoq | -3.53% | -4.71% | 15.95% | 5.50% | 1.19% | 1.64% | 13936.98% | -99.15% | -9.23% | -0.08% | 5.23% | 15.51% | -5.11% | 154.48% | -50.92% | 34.02% | 128.25% | -69.03% | -13.05% | 30.95% | -2.21% | -10.72% | 10.43% | 40.07% | -22.54% | -2.77% | -1.26% | 23.09% | -8.53% | 1.65% | -1.80% | 31.93% | -60.99% | 152.78% | 5.59% | 21.20% | -10.28% | -2.17% | 31.32% | -5.78% | -2.84% | 0.36% | 13.30% | -4.54% | 9.30% | -15.58% | 9.30% | 21.18% | -13.87% | -0.69% | 11.96% | -3.54% | -11.68% | -1.26% | 10.59% | 1.39% | 1.44% | -7.77% | -16.09% | 32.51% | 79.91% | -84.64% | |
net income margin % | 21.78% | 23.08% | 24.62% | 22.48% | 21.00% | 21.20% | 21.23% | 0.15% | 18.56% | 20.92% | 21.39% | 20.99% | 18.13% | 19.19% | 7.69% | 15.79% | 11.39% | 4.77% | 16.08% | 19.58% | 15.35% | 16.73% | 19.72% | 19.31% | 13.81% | 17.59% | 18.48% | 19.30% | 15.99% | 17.76% | 17.56% | 18.53% | 14.29% | 38.03% | 15.59% | 15.25% | 12.85% | 15.13% | 15.64% | 12.45% | 13.54% | 13.87% | 14.01% | 12.57% | 13.16% | 12.26% | 14.88% | 13.90% | 11.37% | 13.52% | 13.93% | 12.59% | 13.23% | 15.25% | 15.37% | 14.57% | 14.93% | 14.72% | 16.00% | 18.99% | 16.41% | 9.39% | 23.61% |
earnings per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | 5.98 | 4.203 | 6.36 | 5.41 | 5.06 | 2.2 | 4.84 | 0.03 | 3.94 | 4.3 | 4.23 | 3.97 | 3.39 | 3.51 | 1.38 | 2.8 | 2.07 | 0.88 | 2.83 | 3.23 | 2.47 | 2.53 | 2.82 | 2.52 | 1.75 | 2.25 | 2.28 | 2.28 | 1.84 | 1.99 | 1.95 | 1.96 | 1.46 | 3.69 | 1.46 | 1.36 | 1.12 | 1.22 | 1.23 | 0.92 | 0.97 | 0.98 | 0.94 | 0.82 | 0.84 | 0.75 | 0.89 | 0.81 | |||||||||||||||
diluted earnings per share | 5.97 | 4.198 | 6.35 | 5.4 | 5.05 | 2.195 | 4.83 | 0.03 | 3.93 | 4.29 | 4.23 | 3.97 | 3.38 | 3.5 | 1.37 | 2.79 | 2.06 | 0.88 | 2.82 | 3.22 | 2.46 | 2.52 | 2.81 | 2.51 | 1.75 | 2.24 | 2.28 | 2.28 | 1.83 | 1.99 | 1.94 | 1.95 | 1.46 | 3.68 | 1.46 | 1.36 | 1.11 | 1.22 | 1.23 | 0.92 | 0.97 | 0.98 | 0.94 | 0.82 | 0.85 | 0.75 | 0.89 | 0.81 | |||||||||||||||
weighted-average shares used for eps calculation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 31,681 | 32,632 | 32,404 | 32,870 | 33,292 | 34,142 | 33,834 | 34,383 | 34,883 | 35,954 | 35,760 | 36,215 | 36,710 | 37,997 | 37,438 | 38,386 | 39,221 | 39,530 | 39,561 | 39,531 | 39,456 | 40,065 | 39,588 | 40,132 | 41,131 | 42,181 | 41,964 | 42,483 | 42,824 | 43,854 | 43,452 | 44,066 | 44,740 | 45,598 | 45,318 | 45,984 | 46,301 | 47,008 | 47,658 | 48,550 | 50,881 | 50,082 | 51,787 | 52,643 | 54,567 | 54,713 | 54,927 | 55,211 | 55,834 | 54,957 | 56,511 | 56,598 | 61,059 | 60,060 | 61,531 | 65,133 | 72,283 | 73,658 | 73,457 | 72,671 | 72,259 | 71,843,588 | |
diluted | 31,728 | 32,680 | 32,451 | 32,911 | 33,342 | 34,199 | 33,891 | 34,383 | 34,937 | 36,027 | 35,822 | 36,290 | 36,804 | 38,106 | 37,541 | 38,501 | 39,332 | 39,652 | 39,679 | 39,653 | 39,581 | 40,185 | 39,710 | 40,246 | 41,239 | 42,314 | 42,100 | 42,619 | 42,942 | 43,985 | 43,589 | 44,207 | 44,855 | 45,689 | 45,408 | 46,071 | 46,374 | 47,051 | 47,708 | 48,574 | 50,913 | 50,104 | 51,812 | 52,691 | 54,598 | 54,744 | 54,950 | 55,233 | 56,625 | 54,958 | 57,849 | 58,407 | 62,401 | 61,563 | 62,687 | 66,275 | 73,107 | 74,199 | 74,201 | 73,826 | 72,919 | 72,734,365 | |
income from continuing operations before income taxes | 247,074,000 | 271,679,000 | 234,497,000 | 221,315,000 | 218,512,000 | 254,578,000 | 72,393,000 | 74,953,000 | 76,825,000 | 66,809,000 | 69,129,000 | 64,020,000 | 75,740,000 | 66,832,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
income taxes from continuing operations | 50,027,000 | 64,886,000 | 56,153,000 | 52,264,000 | 50,835,000 | 59,841,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 197,047,000 | 206,793,000 | 178,344,000 | 169,051,000 | 167,677,000 | 194,737,000 | 47,947,000 | 49,350,000 | 49,173,000 | 43,401,000 | 45,465,000 | 41,613,000 | 49,271,000 | 43,485,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
loss from discontinued operations, net of income taxes | -606,000 | -30,364,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
continuing operations | 6.14 | 6.36 | 5.41 | 5.06 | 5 | 5.73 | 0.97 | 0.98 | 0.94 | 0.82 | 0.84 | 0.75 | 0.89 | 0.78 | |||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | -0.07 | -0.89 | 0.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contract acquisition costs | 15,724,000 | 13,533,000 | 15,079,000 | 12,568,000 | 12,602,000 | 14,984,000 | 14,952,000 | 13,446,000 | 19,384,000 | 20,649,000 | 29,264,000 | 23,524,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill and other long-lived assets | 253,607,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
future policy benefits remeasurement (gain) loss | -282,250 | 179,000 | -1,867,000 | -508,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment loss | 60,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests | -2,384,000 | -2,655,000 | -360,000 | -1,017,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to primerica, inc. | 151,935,000 | 152,063,000 | 144,504,000 | 125,106,000 | 131,840,000 | 51,807,000 | 107,947,000 | 81,419,000 | 34,868,000 | 112,456,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share attributable to common stockholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total impairment gains | -177.5 | 149 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other net realized investment gains | 867.25 | 1,679 | 1,293 | 496 | 517 | 92 | 740 | 343 | 358 | 536 | 251 | -54 | 137 | -816 | 828 | 338 | 1,411 | 548 | 588 | 345 | 443 | 4,243 | 1,244 | 1,099 | 1,305 | 1,229 | 1,521 | 2,086 | 234 | 1,052 | 412 | 1,096 | -60 | 3,469 | 2,357 | 1,196 | 4,034 | 4,448 | 2,345 | 4,957 | 803 | 2,101 | 594 | 1,283 | 1,629 | ||||||||||||||||||
net gains recognized on equity securities | 279.25 | -418 | 112 | 1,424 | 2,117 | 573 | 1,547 | -6,672 | 515 | 813 | 977 | 2,901 | -1,788 | 739 | 539 | -1,945 | |||||||||||||||||||||||||||||||||||||||||||||||
net realized investment gains | 969 | 1,410 | 701 | 1,766 | 2,649 | 642 | 1,742 | -10,030 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total impairment losses | -704 | -154 | 15 | -23 | -545 | -3,701 | -108 | -1,064 | -161 | -54 | -49 | -337 | -668 | -484 | -211 | -478 | -803 | -2,027 | -4,460 | -1,564 | -632 | -237 | -3,160 | -515 | -221 | -149 | -657 | -347 | -5 | -86 | -138 | -162 | -203 | -701 | -748 | -1,117 | -66 | -267 | -268 | -1,808 | -10,561 | ||||||||||||||||||||||
impairment losses recognized in other comprehensive income before income taxes | 5 | 142 | 460 | 4 | 15 | 76 | 487 | 47 | 136 | 553 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net impairment losses recognized in earnings | 15 | -23 | -545 | -3,701 | -108 | -1,064 | -161 | -49 | -54 | -49 | -332 | -526 | -484 | -211 | -478 | -803 | -2,027 | -4,460 | -1,564 | -632 | -237 | -3,160 | -515 | -221 | -149 | -197 | -347 | -1 | -71 | -138 | -162 | -127 | -214 | -701 | -981 | -66 | -267 | -268 | -1,255 | -10,561 | |||||||||||||||||||||||
realized investment gains, including other-than- temporary impairment losses | 765,000 | 285,000 | 1,067,000 | 2,847,000 | -1,651,000 | -126,000 | 1,313,000 | -1,656,000 | 1,079,000 | 22,000 | 104,000 | 134,000 | -35,000 | 3,440,000 | -783,000 | -3,361,000 | -259,000 | 597,000 | 1,284 | -1,074 | -281 | ||||||||||||||||||||||||||||||||||||||||||
net realized investment gains, including other-than- temporary impairment losses | 765 | 285 | 1,067 | 2,847 | -1,651 | -126 | 1,313 | -1,656 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total impairment losses recognized on invested assets | -38 | -49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per share | 0.25 | 0.25 | 0.2 | 0.2 | 0.19 | 0.19 | 0.18 | 0.17 | 0.17 | 0.16 | 0.16 | 0.16 | 0.16 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.11 | 0.11 | 0.11 | 0.09 | 0.07 | ||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of income taxes | -18,000 | 1,595,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment gains, including other-than-temporary impairment losses | 1,284,000 | -1,074,000 | -281,000 | 831,000 | 263,000 | 899,000 | -407,000 | 3,468,000 | 2,286,000 | 1,058,000 | 3,872,000 | 4,321,000 | 2,131,000 | 4,256,000 | -178,000 | 2,035,000 | 327,000 | 1,015,000 | 374,000 | 31,057,000 | |||||||||||||||||||||||||||||||||||||||||||
earnings per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.67 | 0.78 | 0.76 | 0.67 | 0.68 | 0.74 | 0.73 | 0.62 | 0.58 | 0.54 | 0.58 | 0.69 | 0.53 | 0.29 | |||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 0.67 | 0.78 | 0.74 | 0.65 | 0.66 | 0.72 | 0.72 | 0.61 | 0.57 | 0.53 | 0.58 | 0.68 | 0.52 | 0.29 | |||||||||||||||||||||||||||||||||||||||||||||||||
pro forma basis using weighted-average shares, including the shares issued or issuable upon lapse of restrictions following our april 1, 2010 corporate reorganization as though they had been issued and outstanding on january 1, 2010. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma basis using weighted-average shares during the period following our corporate reorganization on april 1, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma earnings per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 1.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma shares used in computing earnings per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 75,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 75,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
portion of impairment losses recognized in other comprehensive income before income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other realized investment gains | 41,618 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total realized investment gains, including other-than-temporary impairment losses | 31,057 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed-maturity securities available-for-sale, at fair value | 3,444,026,000 | 3,147,647,000 | 3,096,708,000 | 3,076,471,000 | 2,946,126,000 | 2,994,955,000 | 2,796,030,000 | 2,782,140,000 | 2,719,467,000 | 2,589,000,000 | 2,541,310,000 | 2,558,626,000 | 2,495,456,000 | 2,457,989,000 | 2,554,465,000 | 2,705,131,000 | 2,702,567,000 | 2,595,504,000 | 2,514,585,000 | 2,538,197,000 | 2,464,611,000 | 2,453,076,000 | 2,357,154,000 | 2,242,037,000 | 2,356,996,000 | 2,292,260,000 | 2,216,260,000 | 2,088,702,000 | 2,069,635,000 | 2,010,900,000 | 1,985,890,000 | 1,961,982,000 | 1,927,842,000 | 1,888,506,000 | 1,888,983,000 | 1,832,228,000 | 1,761,174,000 | 1,726,774,000 | 1,705,705,000 | 1,731,459,000 | 1,683,166,000 | 1,724,743,000 | 1,789,937,000 | 1,759,120,000 | |||||||||||||||||||
fixed-maturity security held-to-maturity, at amortized cost | 1,130,730,000 | 1,241,540,000 | 1,258,800,000 | 1,285,340,000 | 1,303,880,000 | 1,330,430,000 | 1,353,370,000 | 1,376,400,000 | 1,386,980,000 | 1,417,460,000 | 1,433,520,000 | 1,460,000,000 | 1,444,920,000 | 1,433,760,000 | 1,415,940,000 | 1,390,310,000 | 1,379,100,000 | 1,376,090,000 | 1,368,740,000 | 1,362,210,000 | 1,346,350,000 | 1,323,740,000 | 1,278,580,000 | 1,237,270,000 | 1,184,370,000 | 1,140,250,000 | 1,087,790,000 | 1,036,110,000 | 970,390,000 | 891,860,000 | 843,810,000 | 796,450,000 | |||||||||||||||||||||||||||||||
equity securities, at fair value | 27,728,000 | 26,186,000 | 24,867,000 | 27,029,000 | 27,144,000 | 28,411,000 | 26,026,000 | 26,647,000 | 29,680,000 | 29,123,000 | 33,601,000 | 33,984,000 | 35,404,000 | 33,079,000 | 35,877,000 | 39,531,000 | 42,551,000 | 40,946,000 | 39,377,000 | 39,638,000 | 38,023,000 | 33,856,000 | 33,689,000 | 34,125,000 | 40,684,000 | 40,081,000 | 38,897,000 | 37,848,000 | 37,679,000 | 39,317,000 | 39,842,000 | 40,632,000 | |||||||||||||||||||||||||||||||
trading securities, at fair value | 32,451,000 | 12,803,000 | 2,969,000 | 3,024,000 | 3,011,000 | 3,235,000 | 3,158,000 | 3,253,000 | 18,383,000 | 18,160,000 | 18,379,000 | 18,497,000 | 3,698,000 | 3,718,000 | 8,976,000 | 12,717,000 | 24,355,000 | 26,251,000 | 33,498,000 | 35,046,000 | 16,300,000 | 13,470,000 | 22,399,000 | 44,997,000 | 43,233,000 | 13,616,000 | 23,375,000 | 26,556,000 | 13,610,000 | 15,955,000 | 23,079,000 | 28,781,000 | 6,228,000 | 11,513,000 | 15,541,000 | 12,737,000 | 12,259,000 | 8,012,000 | 7,620,000 | 5,358,000 | 6,534,000 | 7,927,000 | 7,345,000 | 7,711,000 | 9,135,000 | 9,236,000 | 10,934,000 | 12,991,000 | 11,185,000 | 12,359,000 | 9,417,000 | 7,762,000 | 17,081,000 | 29,038,000 | 5,812,000 | 9,640,000 | 19,685,000 | 35,877,000 | 46,176,000 | 22,767,000 | 24,002,000 | 14,124,000 | 14,866,000 |
policy loans and other invested assets | 56,336,000 | 54,099,000 | 52,955,000 | 52,939,000 | 50,881,000 | 52,842,000 | 49,791,000 | 50,835,000 | 51,175,000 | 49,840,000 | 49,605,000 | 50,003,000 | 48,713,000 | 48,787,000 | 46,226,000 | 26,122,000 | 24,865,000 | 25,774,000 | |||||||||||||||||||||||||||||||||||||||||||||
total investments | 4,691,271,000 | 4,482,275,000 | 4,436,299,000 | 4,444,803,000 | 4,331,042,000 | 4,409,873,000 | 4,228,375,000 | 4,239,546,000 | 4,205,961,000 | 4,123,634,000 | 4,097,991,000 | 4,191,297,000 | 4,097,597,000 | 3,977,333,000 | 4,064,795,000 | 4,221,684,000 | 4,264,428,000 | 4,106,907,000 | 4,025,974,000 | 4,056,127,000 | 3,895,483,000 | 3,854,747,000 | 3,723,293,000 | 3,590,228,000 | 3,658,210,000 | 3,520,189,000 | 3,399,849,000 | 3,228,229,000 | 3,130,986,000 | 2,988,934,000 | 2,923,575,000 | 2,860,377,000 | 2,745,143,000 | 2,668,935,000 | 2,620,466,000 | 2,459,531,000 | 2,305,773,000 | 2,245,643,000 | 2,197,564,000 | 2,178,503,000 | 2,120,079,000 | 2,139,743,000 | 2,114,768,000 | 2,068,316,000 | 2,064,590,000 | 1,892,213,000 | 1,856,172,000 | 1,835,403,000 | 1,762,092,000 | 1,757,989,000 | 1,912,632,000 | 1,956,536,000 | 1,990,899,000 | 1,908,779,000 | 2,011,695,000 | 2,021,504,000 | 2,165,845,000 | 2,182,962,000 | 2,214,821,000 | 2,153,584,000 | 2,209,369,000 | 2,065,058,000 | 2,073,747,000 |
cash and cash equivalents | 645,811,000 | 644,855,000 | 621,198,000 | 625,072,000 | 687,821,000 | 550,142,000 | 627,292,000 | 593,399,000 | 613,148,000 | 468,762,000 | 561,585,000 | 515,090,000 | 489,240,000 | 438,025,000 | 400,119,000 | 359,779,000 | 392,501,000 | 325,578,000 | 774,591,000 | 439,944,000 | 547,569,000 | 330,877,000 | 360,351,000 | 273,085,000 | 256,876,000 | 237,746,000 | 244,975,000 | 279,626,000 | 262,138,000 | 225,378,000 | 159,280,000 | 190,585,000 | 279,962,000 | 177,418,000 | 154,499,000 | 185,762,000 | 195,323,000 | 213,091,000 | 175,717,000 | 152,294,000 | 160,561,000 | 153,933,000 | 180,207,000 | 192,516,000 | 164,999,000 | 150,621,000 | 158,438,000 | 149,189,000 | 147,468,000 | 118,087,000 | 202,512,000 | 112,216,000 | 185,823,000 | 108,062,000 | 155,536,000 | 136,078,000 | 154,027,000 | 114,051,000 | 115,277,000 | 126,038,000 | 74,759,000 | 210,506,000 | 929,153,000 |
accrued investment income | 31,400,000 | 28,949,000 | 29,247,000 | 28,960,000 | 28,100,000 | 26,389,000 | 25,687,000 | 24,991,000 | 23,958,000 | 23,797,000 | 22,928,000 | 22,153,000 | 20,885,000 | 19,949,000 | 19,326,000 | 19,541,000 | 18,702,000 | 19,499,000 | 18,698,000 | 19,964,000 | 17,618,000 | 18,448,000 | 16,940,000 | 18,582,000 | 17,361,000 | 18,260,000 | 17,434,000 | 18,450,000 | 17,057,000 | 18,202,000 | 16,808,000 | 18,129,000 | 16,665,000 | 17,847,000 | 16,585,000 | 17,654,000 | 17,449,000 | 16,100,000 | 17,930,000 | 17,080,000 | 17,800,000 | 17,026,000 | 18,442,000 | 17,401,000 | 18,930,000 | 17,874,000 | 19,689,000 | 18,127,000 | 19,595,000 | 18,256,000 | 21,391,000 | 19,540,000 | 21,646,000 | 20,220,000 | 22,904,000 | 21,579,000 | 24,372,000 | 23,446,000 | 25,104,000 | 22,328,000 | 24,033,000 | 21,369,000 | 23,803,000 |
reinsurance recoverables | 2,480,051,000 | 2,596,597,000 | 2,698,144,000 | 2,722,544,000 | 2,744,165,000 | 2,873,528,000 | 2,833,055,000 | 2,920,417,000 | 3,015,777,000 | 2,954,245,000 | 3,084,520,000 | 3,179,074,000 | 4,015,909,000 | 4,033,897,000 | 4,069,039,000 | 4,240,481,000 | 4,268,419,000 | 4,278,322,000 | 4,239,510,000 | 4,345,483,000 | 4,273,904,000 | 4,229,088,000 | 4,217,129,000 | 4,132,897,000 | 4,169,823,000 | 4,166,362,000 | 4,185,850,000 | 4,202,903,000 | 4,141,569,000 | 4,196,021,000 | 4,199,275,000 | 4,263,111,000 | 4,205,173,000 | ||||||||||||||||||||||||||||||
deferred policy acquisition costs | 3,954,334,000 | 3,863,442,000 | 3,817,119,000 | 3,742,693,000 | 3,680,430,000 | 3,636,964,000 | 3,566,126,000 | 3,503,940,000 | 3,447,234,000 | 3,374,627,000 | 3,319,844,000 | 3,256,845,000 | 3,081,886,000 | 3,049,102,000 | 3,028,511,000 | 2,994,367,000 | 2,943,782,000 | 2,877,921,000 | 2,808,347,000 | 2,712,169,000 | 2,629,644,000 | 2,532,409,000 | 2,434,462,000 | 2,346,656,000 | 2,325,750,000 | 2,281,560,000 | 2,238,315,000 | 2,181,741,000 | 2,133,920,000 | 2,107,814,000 | 2,053,445,000 | 1,998,985,000 | 1,951,892,000 | 1,900,122,000 | 1,833,877,000 | 1,767,681,000 | 1,672,454,000 | 1,619,236,000 | 1,559,833,000 | 1,500,259,000 | 1,465,175,000 | 1,430,508,000 | 1,377,022,000 | 1,351,180,000 | 1,321,415,000 | 1,293,974,000 | 1,242,983,000 | 1,208,466,000 | 1,179,143,000 | 1,133,542,000 | 1,098,124,000 | 1,066,422,000 | 1,036,020,000 | 990,558,000 | 948,087,000 | 1,050,637,000 | 1,004,545,000 | 966,094,000 | 908,600,000 | 853,211,000 | 798,335,000 | 745,322,000 | 702,429,000 |
agent balances, due premiums and other receivables | 280,220,000 | 301,114,000 | 300,498,000 | 281,709,000 | 282,607,000 | 300,697,000 | 288,766,000 | 287,459,000 | 273,066,000 | 287,138,000 | 269,369,000 | 259,759,000 | 254,276,000 | 266,831,000 | 250,940,000 | 251,477,000 | 257,675,000 | 271,626,000 | 273,493,000 | 268,660,000 | 259,448,000 | 280,915,000 | 270,421,000 | 226,830,000 | 227,100,000 | 246,977,000 | 238,367,000 | 226,061,000 | 265,258,000 | 295,885,000 | 291,329,000 | 277,797,000 | 229,522,000 | 240,731,000 | 223,923,000 | 215,567,000 | 226,539,000 | ||||||||||||||||||||||||||
intangible asset | 45,275,000 | 45,275,000 | 45,275,000 | 45,275,000 | 45,275,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 130,773,000 | 128,313,000 | 131,807,000 | 126,929,000 | 128,479,000 | 118,379,000 | 120,126,000 | 106,033,000 | 107,697,000 | 106,310,000 | 90,719,000 | 92,352,000 | 89,373,000 | 74,556,000 | 75,069,000 | 74,683,000 | 72,707,000 | 69,408,000 | 66,744,000 | 67,801,000 | 65,777,000 | 62,252,000 | 53,440,000 | 50,909,000 | 49,130,000 | 43,601,000 | 39,764,000 | 37,731,000 | 29,313,000 | 30,844,000 | 177,457,000 | 152,315,000 | 156,212,000 | 157,685,000 | 40,827,000 | 38,676,000 | 35,548,000 | 31,999,000 | 26,047,000 | 21,359,000 | 96,408,000 | 82,755,000 | 88,503,000 | 136,028,000 | 130,283,000 | 142,780,000 | 127,732,000 | 129,776,000 | 56,114,000 | ||||||||||||||
operating lease right-of-use assets | 40,936,000 | 42,986,000 | 44,149,000 | 45,122,000 | 47,023,000 | 48,190,000 | 50,646,000 | 52,135,000 | 53,693,000 | 55,203,000 | 57,040,000 | 38,575,000 | 40,500,000 | 42,343,000 | 44,438,000 | 46,129,000 | 47,942,000 | 48,943,000 | 44,037,000 | 45,318,000 | 46,567,000 | 47,685,000 | 48,487,000 | 49,192,000 | 47,265,000 | 48,442,000 | 49,381,000 | 50,506,000 | |||||||||||||||||||||||||||||||||||
other assets | 254,797,000 | 400,078,000 | 387,605,000 | 407,805,000 | 403,608,000 | 394,494,000 | 357,115,000 | 356,025,000 | 382,549,000 | 359,010,000 | 372,733,000 | 391,605,000 | 428,259,000 | 403,452,000 | 428,355,000 | 429,362,000 | 441,253,000 | 442,495,000 | 469,050,000 | 467,336,000 | 456,967,000 | 420,051,000 | 401,129,000 | 392,498,000 | 384,634,000 | 390,986,000 | 394,058,000 | 410,841,000 | 341,172,000 | 352,897,000 | 363,201,000 | 364,256,000 | 359,347,000 | 379,883,000 | 386,279,000 | 356,139,000 | 356,713,000 | 351,340,000 | 343,701,000 | 307,185,000 | 314,830,000 | 290,483,000 | 279,207,000 | 273,403,000 | 283,609,000 | 298,597,000 | 303,759,000 | 282,780,000 | 261,225,000 | 271,535,000 | 307,241,000 | 302,126,000 | 328,651,000 | 281,818,000 | 269,057,000 | 268,485,000 | 308,307,000 | 291,490,000 | 310,572,000 | 307,342,000 | 106,541,000 | 107,271,000 | 100,303,000 |
separate account assets | 2,122,558,000 | 2,313,874,000 | 2,318,492,000 | 2,118,098,000 | 2,209,287,000 | 2,401,137,000 | 2,253,966,000 | 2,334,911,000 | 2,395,842,000 | 2,183,435,000 | 2,358,823,000 | 2,329,968,000 | 2,305,717,000 | 2,206,608,000 | 2,358,987,000 | 2,696,891,000 | 2,799,992,000 | 2,672,606,000 | 2,745,827,000 | 2,638,901,000 | 2,659,520,000 | 2,468,328,000 | 2,377,654,000 | 2,128,924,000 | 2,485,745,000 | 2,427,852,000 | 2,437,291,000 | 2,368,760,000 | 2,195,501,000 | 2,419,997,000 | 2,389,007,000 | 2,419,707,000 | 2,572,872,000 | 2,486,960,000 | 2,424,937,000 | 2,356,320,000 | 2,347,816,000 | 2,311,124,000 | 2,264,108,000 | 2,063,899,000 | 2,086,598,000 | 2,324,980,000 | 2,386,265,000 | 2,440,303,000 | 2,469,118,000 | 2,581,659,000 | 2,458,739,000 | 2,503,829,000 | 2,512,886,000 | 2,435,740,000 | 2,614,669,000 | 2,618,115,000 | 2,630,630,000 | 2,500,640,000 | 2,541,313,000 | 2,408,598,000 | 2,276,705,000 | 2,544,429,000 | 2,582,881,000 | 2,446,786,000 | 2,301,896,000 | 2,098,936,000 | 2,222,267,000 |
total assets | 14,677,426,000 | 14,847,758,000 | 14,829,833,000 | 14,589,010,000 | 14,582,022,000 | 14,815,168,000 | 14,565,704,000 | 14,909,354,000 | 15,027,732,000 | 14,433,059,000 | 14,751,736,000 | 14,795,692,000 | 15,348,877,000 | 15,042,143,000 | 15,329,005,000 | 15,934,813,000 | 16,123,223,000 | 15,816,135,000 | 15,519,871,000 | 15,113,860,000 | 14,905,285,000 | 14,300,530,000 | 13,964,549,000 | 13,270,911,000 | 13,688,531,000 | 13,451,734,000 | 13,317,706,000 | 13,076,629,000 | 12,595,048,000 | 12,707,529,000 | 12,496,641,000 | 12,492,739,000 | 12,460,703,000 | 12,206,839,000 | 11,945,298,000 | 11,669,997,000 | 11,368,683,000 | 11,204,608,000 | 11,012,788,000 | 10,612,119,000 | 10,562,865,000 | 10,781,181,000 | 10,724,214,000 | 10,738,114,000 | 10,742,654,000 | 10,593,549,000 | 10,388,124,000 | 10,329,950,000 | 10,199,680,000 | 10,005,425,000 | 10,433,316,000 | 10,337,877,000 | 10,434,439,000 | 9,951,077,000 | 10,073,916,000 | 9,998,544,000 | 10,007,507,000 | 10,170,366,000 | 10,174,625,000 | 9,884,306,000 | 9,454,696,000 | 9,117,247,000 | 9,973,491,000 |
liabilities and stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
future policy benefits | 6,728,920,000 | 6,816,778,000 | 6,719,044,000 | 6,637,937,000 | 6,503,064,000 | 6,919,418,000 | 6,436,332,000 | 6,548,050,000 | 6,742,025,000 | 6,045,151,000 | 6,491,564,000 | 6,561,624,000 | 7,390,800,000 | 7,314,688,000 | 7,276,278,000 | 7,216,597,000 | 7,138,649,000 | 7,057,599,000 | 6,984,272,000 | 6,885,115,000 | 6,790,557,000 | 6,664,061,000 | 6,567,169,000 | 6,472,397,000 | 6,446,569,000 | 6,374,327,000 | 6,314,403,000 | 6,240,864,000 | 6,168,157,000 | 6,132,750,000 | 6,057,112,000 | 6,004,101,000 | 5,954,524,000 | 5,894,882,000 | 5,812,217,000 | 5,736,313,000 | 5,629,967,000 | 5,581,043,000 | 5,518,834,000 | 5,431,711,000 | 5,388,042,000 | 5,361,580,000 | 5,289,016,000 | 5,264,608,000 | 5,214,878,000 | 5,180,013,000 | 5,103,278,000 | 5,063,103,000 | 5,022,048,000 | 4,943,743,000 | 4,898,538,000 | 4,850,488,000 | 4,797,815,000 | 4,723,359,000 | 4,676,374,000 | 4,614,860,000 | 4,557,535,000 | 4,532,615,000 | 4,470,185,000 | 4,409,183,000 | 4,349,375,000 | 4,286,258,000 | 4,248,277,000 |
unearned and advance premiums | 17,015,000 | 16,225,000 | 16,917,000 | 17,474,000 | 15,606,000 | 16,186,000 | 17,076,000 | 15,855,000 | 14,876,000 | 15,387,000 | 16,283,000 | 16,703,000 | 15,422,000 | 16,153,000 | 16,932,000 | 17,368,000 | 16,437,000 | 19,208,000 | 20,229,000 | 18,184,000 | 17,136,000 | 18,308,000 | 18,619,000 | 16,905,000 | 15,470,000 | 16,577,000 | 17,111,000 | 17,341,000 | 15,587,000 | ||||||||||||||||||||||||||||||||||
policy claims and other benefits payable | 488,886,000 | 477,785,000 | 507,553,000 | 494,734,000 | 488,350,000 | 496,835,000 | 478,773,000 | 517,468,000 | 513,803,000 | 475,403,000 | 495,141,000 | 498,483,000 | 538,250,000 | 496,563,000 | 481,229,000 | 574,850,000 | 585,382,000 | 557,125,000 | 471,290,000 | 526,654,000 | 519,711,000 | 467,609,000 | 412,446,000 | 330,489,000 | 339,954,000 | 316,535,000 | 322,417,000 | 308,422,000 | 313,862,000 | 287,640,000 | 286,890,000 | 308,319,000 | 307,401,000 | 284,451,000 | 267,630,000 | 268,397,000 | 246,514,000 | 235,265,000 | 243,813,000 | 238,157,000 | 222,720,000 | 254,047,000 | 259,148,000 | 264,832,000 | 285,939,000 | 238,598,000 | 243,576,000 | 253,304,000 | 248,592,000 | 238,967,000 | 254,333,000 | 254,533,000 | 242,265,000 | 236,717,000 | 248,904,000 | 241,754,000 | 242,363,000 | 233,964,000 | 241,193,000 | 229,895,000 | 235,897,000 | 216,457,000 | 233,792,000 |
other policyholders’ funds | 342,427,000 | 368,232,000 | 382,089,000 | 394,830,000 | 402,323,000 | 398,464,000 | 412,570,000 | 421,027,000 | 435,094,000 | 447,876,000 | 458,774,000 | 481,561,000 | 483,769,000 | 492,479,000 | 501,628,000 | 515,830,000 | 501,823,000 | 478,592,000 | 485,855,000 | 475,511,000 | 447,765,000 | 425,537,000 | 424,018,000 | 390,040,000 | 388,663,000 | 381,818,000 | 377,737,000 | 377,360,000 | 370,644,000 | 394,046,000 | 386,571,000 | 384,436,000 | 377,998,000 | 371,508,000 | 377,313,000 | 373,733,000 | 348,975,000 | 351,740,000 | 352,650,000 | 356,123,000 | 351,879,000 | 352,212,000 | 342,322,000 | 344,313,000 | 343,298,000 | 336,902,000 | 340,175,000 | 337,977,000 | 334,553,000 | 337,931,000 | 350,345,000 | 345,721,000 | 346,352,000 | 347,763,000 | 346,461,000 | 340,766,000 | 340,986,000 | 346,136,000 | 353,800,000 | 357,253,000 | 368,385,000 | 388,158,000 | 390,147,000 |
note payable | 595,516,000 | 595,114,000 | 594,913,000 | 594,713,000 | 594,512,000 | 594,311,000 | 594,110,000 | 593,909,000 | 593,709,000 | 593,508,000 | 593,307,000 | 593,106,000 | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | 300,000,000 | ||||||||||||||||||||||||||||||||||||||||||
surplus note | 1,130,485,000 | 1,241,263,000 | 1,258,508,000 | 1,285,032,000 | 1,303,556,000 | 1,330,090,000 | 1,353,014,000 | 1,376,028,000 | 1,386,592,000 | 1,417,056,000 | 1,433,101,000 | 1,459,565,000 | 1,444,469,000 | 1,433,293,000 | 1,415,457,000 | 1,389,811,000 | 1,378,585,000 | 1,375,559,000 | 1,368,194,000 | 1,361,648,000 | 1,345,772,000 | 1,323,146,000 | 1,277,970,000 | 1,236,644,000 | 1,183,728,000 | 1,139,592,000 | 1,087,117,000 | 1,035,421,000 | 969,685,000 | 891,139,000 | 843,073,000 | 795,697,000 | 736,381,000 | 688,055,000 | 634,980,000 | 534,435,000 | 453,247,000 | 430,233,000 | 404,079,000 | 365,220,000 | 356,000,000 | 328,000,000 | 238,000,000 | 220,000,000 | 189,830,000 | ||||||||||||||||||
operating lease liabilities | 48,369,000 | 50,892,000 | 52,323,000 | 52,907,000 | 55,478,000 | 56,930,000 | 58,756,000 | 60,494,000 | 61,358,000 | 61,783,000 | 62,309,000 | 43,955,000 | 45,995,000 | 47,935,000 | 50,249,000 | 52,078,000 | 53,920,000 | 55,002,000 | 50,194,000 | 51,521,000 | 52,806,000 | 53,889,000 | 54,680,000 | 55,315,000 | 53,487,000 | 54,703,000 | 55,662,000 | 56,712,000 | |||||||||||||||||||||||||||||||||||
other liabilities | 531,546,000 | 515,052,000 | 523,517,000 | 523,610,000 | 549,160,000 | 549,209,000 | 613,303,000 | 581,342,000 | 583,434,000 | 575,143,000 | 579,840,000 | 615,780,000 | 580,780,000 | 611,646,000 | 596,409,000 | 631,786,000 | 615,710,000 | 613,641,000 | 590,831,000 | 582,198,000 | 566,068,000 | 519,363,000 | 519,745,000 | 498,699,000 | 510,443,000 | 511,190,000 | 496,027,000 | 505,514,000 | 486,772,000 | 511,623,000 | 495,242,000 | 506,535,000 | 451,398,000 | 463,926,000 | 428,176,000 | 449,734,000 | 436,621,000 | 422,556,000 | 418,469,000 | 416,417,000 | 400,173,000 | 367,337,000 | 381,369,000 | 392,810,000 | 365,900,000 | 346,538,000 | 375,864,000 | 377,690,000 | 329,566,000 | 344,649,000 | 366,669,000 | 358,577,000 | 424,706,000 | 329,538,000 | 331,112,000 | 382,068,000 | 390,297,000 | 364,533,000 | 397,562,000 | 386,182,000 | 370,332,000 | 376,374,000 | 283,879,000 |
payable under securities lending | 85,020,000 | 104,535,000 | 83,425,000 | 97,560,000 | 86,034,000 | 85,236,000 | 90,995,000 | 76,648,000 | 99,785,000 | 77,956,000 | 77,643,000 | 74,452,000 | 100,938,000 | 80,754,000 | 96,603,000 | 93,171,000 | 94,529,000 | 105,264,000 | 80,613,000 | 87,190,000 | 72,154,000 | 48,883,000 | 29,973,000 | 28,896,000 | 28,723,000 | 39,933,000 | 43,867,000 | 64,914,000 | 52,562,000 | 70,632,000 | 82,096,000 | 89,433,000 | 89,786,000 | 106,978,000 | 115,875,000 | 93,326,000 | 95,843,000 | 91,901,000 | 87,383,000 | 71,482,000 | 83,220,000 | 63,899,000 | 55,622,000 | 50,211,000 | 67,614,000 | 93,569,000 | 109,094,000 | 89,852,000 | 75,852,000 | 86,272,000 | 133,325,000 | 139,927,000 | 177,666,000 | 143,963,000 | 142,507,000 | 149,358,000 | 185,483,000 | 163,342,000 | 186,089,000 | 181,726,000 | |||
separate account liabilities | 2,122,558,000 | 2,313,874,000 | 2,318,492,000 | 2,118,098,000 | 2,209,287,000 | 2,401,137,000 | 2,253,966,000 | 2,334,911,000 | 2,395,842,000 | 2,183,435,000 | 2,358,823,000 | 2,329,968,000 | 2,305,717,000 | 2,206,608,000 | 2,358,987,000 | 2,696,891,000 | 2,799,992,000 | 2,672,606,000 | 2,745,827,000 | 2,638,901,000 | 2,659,520,000 | 2,468,328,000 | 2,377,654,000 | 2,128,924,000 | 2,485,745,000 | 2,427,852,000 | 2,437,291,000 | 2,368,760,000 | 2,195,501,000 | 2,419,997,000 | 2,389,007,000 | 2,419,707,000 | 2,572,872,000 | 2,486,960,000 | 2,424,937,000 | 2,356,320,000 | 2,347,816,000 | 2,311,124,000 | 2,264,108,000 | 2,063,899,000 | 2,086,598,000 | 2,324,980,000 | 2,386,265,000 | 2,440,303,000 | 2,469,118,000 | 2,581,659,000 | 2,458,739,000 | 2,503,829,000 | 2,512,886,000 | 2,435,740,000 | 2,614,669,000 | 2,618,115,000 | 2,630,630,000 | 2,500,640,000 | 2,541,313,000 | 2,408,598,000 | 2,276,705,000 | 2,544,429,000 | 2,582,881,000 | 2,446,786,000 | 2,301,896,000 | 2,098,936,000 | 2,222,267,000 |
commitments and contingent liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 12,157,552,000 | 12,551,868,000 | 12,522,318,000 | 12,332,601,000 | 12,322,981,000 | 12,868,340,000 | 12,443,944,000 | 12,723,446,000 | 12,961,765,000 | 12,120,564,000 | 12,736,272,000 | 12,874,591,000 | 13,627,378,000 | 13,422,171,000 | 13,551,248,000 | 14,004,012,000 | 14,033,440,000 | 13,709,562,000 | 13,501,108,000 | 13,236,667,000 | 13,069,400,000 | 12,580,084,000 | 12,321,869,000 | 11,740,797,000 | 12,036,040,000 | 11,843,923,000 | 11,731,781,000 | 11,555,243,000 | 11,133,535,000 | 11,264,073,000 | 11,096,057,000 | 11,066,238,000 | 11,041,602,000 | 10,926,309,000 | 10,676,045,000 | 10,423,499,000 | 10,147,790,000 | 9,997,142,000 | 9,840,030,000 | 9,466,347,000 | 9,416,184,000 | 9,583,555,000 | 9,484,793,000 | 9,492,988,000 | 9,448,172,000 | 9,290,818,000 | 9,134,591,000 | 9,107,923,000 | 9,004,175,000 | 8,859,161,000 | 9,125,463,000 | 9,062,461,000 | 9,097,028,000 | 8,674,211,000 | 8,686,601,000 | 8,575,903,000 | 8,435,874,000 | 8,623,404,000 | 8,683,983,000 | 8,452,814,000 | 8,058,382,000 | 7,799,651,000 | 8,226,792,000 |
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 313,000 | 321,000 | 326,000 | 331,000 | 334,000 | 335,000 | 340,000 | 346,000 | 350,000 | 353,000 | 358,000 | 364,000 | 368,000 | 370,000 | 378,000 | 388,000 | 394,000 | 395,000 | 394,000 | 394,000 | 393,000 | 394,000 | 397,000 | 405,000 | 412,000 | 415,000 | 420,000 | 424,000 | 427,000 | 430,000 | 432,000 | 440,000 | 443,000 | 444,000 | 450,000 | 455,000 | 460,000 | 466,000 | 473,000 | 483,000 | 486,000 | 501,000 | 516,000 | 522,000 | 537,000 | 542,000 | 546,000 | 548,000 | 547,000 | 545,000 | 567,000 | 564,000 | 653,000 | 649,000 | 728,000 | ||||||||
paid-in capital | 5,224,000 | 17,454,000 | 12,880,000 | 8,138,000 | 28,606,000 | 66,510,000 | 102,825,000 | 137,855,000 | 180,250,000 | 195,314,000 | 259,937,000 | 323,996,000 | 353,337,000 | 429,257,000 | 447,949,000 | 462,838,000 | 472,633,000 | 464,783,000 | 456,050,000 | 609,100,000 | 602,269,000 | 691,885,000 | 693,717,000 | 842,613,000 | 707,912,000 | 898,945,000 | 894,018,000 | 889,654,000 | 883,168,000 | 882,676,000 | 870,706,000 | 1,312,072,000 | |||||||||||||||||||||||||||||||
retained earnings | 2,440,207,000 | 2,319,750,000 | 2,270,995,000 | 2,253,434,000 | 2,231,483,000 | 2,132,015,000 | 2,122,832,000 | 2,285,937,000 | 2,276,946,000 | 2,215,378,000 | 2,190,223,000 | 2,151,771,000 | 1,973,403,000 | 1,887,952,000 | 1,948,244,000 | 1,980,467,000 | 2,004,506,000 | 1,988,324,000 | 1,894,539,000 | 1,785,038,000 | 1,705,786,000 | 1,629,114,000 | 1,569,689,000 | 1,565,803,000 | 1,593,281,000 | 1,553,285,000 | 1,537,535,000 | 1,506,943,000 | 1,489,520,000 | 1,452,841,000 | 1,409,104,000 | 1,416,564,000 | 1,375,090,000 | 1,228,546,000 | 1,224,375,000 | 1,182,039,000 | 1,090,388,000 | 1,040,860,000 | 989,685,000 | 952,804,000 | 912,749,000 | 871,440,000 | 830,624,000 | 795,740,000 | 756,738,000 | 721,788,000 | 679,182,000 | 640,840,000 | 609,778,000 | 572,714,000 | 535,609,000 | 503,173,000 | 468,223,000 | 426,936,000 | 383,847,000 | 566,021,000 | 526,847,000 | 488,520,000 | 446,767,000 | 395,057,000 | 342,920,000 | 304,075,000 | 300,531,000 |
accumulated other comprehensive income, net of income tax: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of change in discount rate assumptions on the liability for future policy benefits | 223,792,000 | 89,692,000 | 174,626,000 | 171,599,000 | 224,833,000 | -71,241,000 | 201,441,000 | 92,853,000 | -39,086,000 | 377,635,000 | 55,386,000 | -11,679,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign currency translation gains | -23,387,000 | -22,191,000 | -13,803,000 | -35,191,000 | -34,767,000 | -10,771,000 | -15,507,000 | -11,691,000 | -2,235,000 | -11,269,000 | -4,253,000 | -11,198,000 | -11,404,000 | -15,437,000 | 2,648,000 | 11,769,000 | 8,611,000 | 8,068,000 | 13,960,000 | 6,570,000 | 1,578,000 | -14,820,000 | -21,132,000 | -34,776,000 | -5,765,000 | -12,265,000 | -8,258,000 | -14,897,000 | -21,064,000 | -5,300,000 | -10,309,000 | -4,406,000 | 3,995,000 | 4,492,000 | -5,401,000 | -12,082,000 | -8,227,000 | -5,091,000 | -3,933,000 | -19,801,000 | -11,684,000 | 4,467,000 | 1,345,000 | 21,681,000 | 30,281,000 | 41,749,000 | 33,403,000 | 41,974,000 | 48,671,000 | 43,158,000 | 51,358,000 | 55,487,000 | 58,234,000 | 50,458,000 | 54,585,000 | 52,642,000 | 48,210,000 | 60,316,000 | 59,221,000 | 56,492,000 | |||
net unrealized investment gains on available-for-sale securities | -121,051,000 | -91,682,000 | -124,629,000 | -133,764,000 | -162,842,000 | -103,510,000 | -187,346,000 | -181,537,000 | -170,008,000 | -269,602,000 | -226,250,000 | -208,157,000 | -240,868,000 | -252,913,000 | -175,746,000 | -66,439,000 | 63,777,000 | 84,701,000 | 96,990,000 | 77,053,000 | 128,128,000 | ||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 2,519,874,000 | 2,295,890,000 | 2,307,515,000 | 2,256,409,000 | 2,259,041,000 | 1,946,828,000 | 2,121,760,000 | 2,185,908,000 | 2,018,763,000 | 1,877,193,000 | 1,835,885,000 | 1,720,446,000 | 1,642,680,000 | 1,530,114,000 | 1,652,491,000 | 1,607,811,000 | 1,585,925,000 | 1,521,386,000 | 1,461,513,000 | 1,443,456,000 | 1,400,584,000 | 1,426,501,000 | 1,419,101,000 | 1,280,530,000 | 1,269,253,000 | 1,246,498,000 | 1,220,893,000 | 1,207,466,000 | 1,172,758,000 | 1,145,772,000 | 1,146,681,000 | 1,197,626,000 | 1,239,421,000 | 1,245,126,000 | 1,294,482,000 | 1,302,731,000 | 1,253,533,000 | 1,222,027,000 | 1,195,505,000 | 1,146,264,000 | 1,307,853,000 | 1,275,416,000 | 1,337,411,000 | 1,276,866,000 | 1,387,315,000 | 1,422,641,000 | 1,571,633,000 | 1,546,962,000 | 1,490,642,000 | 1,431,492,000 | 1,396,314,000 | 1,317,596,000 | 1,746,699,000 | ||||||||||
total liabilities and stockholders’ equity | 14,677,426,000 | 14,847,758,000 | 14,829,833,000 | 14,589,010,000 | 14,582,022,000 | 14,815,168,000 | 14,565,704,000 | 14,909,354,000 | 15,519,871,000 | 15,113,860,000 | 14,905,285,000 | 14,300,530,000 | 13,964,549,000 | 13,270,911,000 | 13,688,531,000 | 13,451,734,000 | 13,317,706,000 | 13,076,629,000 | 12,595,048,000 | 12,707,529,000 | 12,496,641,000 | 12,492,739,000 | 12,460,703,000 | 12,206,839,000 | 11,945,298,000 | 11,669,997,000 | 11,368,683,000 | 11,204,608,000 | 11,012,788,000 | 10,612,119,000 | 10,562,865,000 | 10,781,181,000 | 10,724,214,000 | 10,738,114,000 | 10,742,654,000 | 10,593,549,000 | 10,388,124,000 | 10,329,950,000 | 10,199,680,000 | 10,005,425,000 | 10,433,316,000 | 10,337,877,000 | 10,434,439,000 | 9,951,077,000 | 10,073,916,000 | 9,998,544,000 | 10,007,507,000 | 10,170,366,000 | 10,174,625,000 | 9,884,306,000 | 9,454,696,000 | 9,117,247,000 | 9,973,491,000 | ||||||||||
short-term investments available-for-sale, at fair value | 271,000 | 276,000 | 20,051,000 | 21,576,000 | 70,187,000 | 69,406,000 | 3,311,000 | 43,700,000 | 85,243,000 | 40,037,000 | 40,325,000 | 50,758,000 | 8,230,000 | 8,171,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
income tax receivable | 6,920,000 | 4,035,000 | 1,020,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 122,664,000 | 116,594,000 | 101,333,000 | 81,799,000 | 69,255,000 | 69,472,000 | 59,336,000 | 48,614,000 | 31,796,000 | 30,112,000 | 35,859,000 | 37,140,000 | 32,335,000 | 36,082,000 | 32,450,000 | 17,256,000 | 98,300,000 | 93,002,000 | |||||||||||||||||||||||||||||||||||||||||||||
assets from discontinued operations entities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax payable | 57,987,000 | 22,669,000 | 36,876,000 | 15,311,000 | 21,048,000 | 20,224,000 | 22,699,000 | 24,896,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities from discontinued operations entities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets | 45,275,000 | 45,275,000 | 172,400,000 | 175,025,000 | 177,650,000 | 180,275,000 | 182,900,000 | 185,525,000 | 188,150,000 | 190,775,000 | 193,400,000 | 195,825,000 | 204,550,000 | 45,275,000 | 45,275,000 | 45,275,000 | 45,275,000 | 45,275,000 | 45,275,000 | 45,275,000 | 45,559,000 | 46,409,000 | 47,260,000 | 48,111,000 | 48,961,000 | 49,812,000 | 50,662,000 | 51,513,000 | 52,364,000 | 53,214,000 | 54,065,000 | 55,766,000 | 56,617,000 | 57,467,000 | 58,318,000 | 59,168,000 | 60,019,000 | 60,870,000 | 61,720,000 | 65,350,000 | 66,521,000 | 67,692,000 | 68,863,000 | 69,432,000 | 69,654,000 | 69,502,000 | 69,816,000 | 69,376,000 | 70,226,000 | 71,077,000 | 71,928,000 | 72,778,000 | 73,629,000 | 74,479,000 | 75,357,000 | 76,241,000 | 77,126,000 | 78,010,000 | |||||
renewal commissions receivable | 171,022,000 | 176,298,000 | 190,258,000 | 191,818,000 | 191,224,000 | 194,409,000 | 200,043,000 | 198,027,000 | 193,661,000 | 213,175,000 | 231,751,000 | 268,952,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 127,707,000 | 127,707,000 | 127,707,000 | 127,707,000 | 127,707,000 | 127,707,000 | 127,707,000 | 187,707,000 | 179,154,000 | 179,154,000 | 224,180,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
temporary stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests in consolidated entities | 2,233,000 | 4,616,000 | 7,271,000 | 7,631,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
permanent stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity attributable to primerica, inc.: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total permanent stockholders’ equity | 2,065,967,000 | 2,312,495,000 | 2,015,464,000 | 1,921,101,000 | 1,721,499,000 | 1,619,972,000 | 1,775,524,000 | 1,926,185,000 | 2,082,512,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and temporary and permanent stockholders’ equity | 15,027,732,000 | 14,433,059,000 | 14,751,736,000 | 14,795,692,000 | 15,348,877,000 | 15,042,143,000 | 15,329,005,000 | 15,934,813,000 | 16,123,223,000 | 15,816,135,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable - short term | 15,000,000 | 389,702,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable - long term | 592,905,000 | 592,102,000 | 374,606,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note payable - short term | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note payable - long term | 592,705,000 | 592,504,000 | 592,303,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
policy loans | 30,295,000 | 30,612,000 | 28,079,000 | 29,449,000 | 30,278,000 | 30,199,000 | 30,605,000 | 31,471,000 | 31,799,000 | 32,927,000 | 33,982,000 | 33,527,000 | 30,783,000 | 31,501,000 | 30,902,000 | 30,954,000 | 32,532,000 | 32,816,000 | 34,905,000 | 34,316,000 | 32,969,000 | 30,801,000 | 30,817,000 | 29,825,000 | 28,627,000 | 28,599,000 | 29,112,000 | 27,679,000 | 28,095,000 | 27,566,000 | 28,378,000 | 26,580,000 | 26,806,000 | 25,795,000 | 25,784,000 | 25,009,000 | 24,613,000 | 24,669,000 | 24,187,000 | 25,670,000 | 25,982,000 | 25,979,000 | 25,049,000 | 25,721,000 | 26,229,000 | ||||||||||||||||||
other debt obligations - long term | 125,000,000 | 125,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
temporary stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
permanent stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total permanent stockholders' equity | 2,098,942,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable | 374,511,000 | 374,415,000 | 374,320,000 | 374,226,000 | 374,131,000 | 374,037,000 | 373,942,000 | 373,848,000 | 373,755,000 | 373,661,000 | 373,567,000 | 373,474,000 | 373,381,000 | 373,288,000 | 373,196,000 | 373,103,000 | 373,011,000 | 372,827,000 | 372,735,000 | 372,643,000 | 374,585,000 | 374,572,000 | 374,558,000 | 374,545,000 | 374,532,000 | 374,519,000 | 374,506,000 | 374,494,000 | 374,481,000 | 374,469,000 | 374,457,000 | 374,445,000 | 374,433,000 | 374,421,000 | |||||||||||||||||||||||||||||
net unrealized investment gains on available-for-sale securities: | 105,758,000 | 93,726,000 | -1,318,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized investment gains not other-than-temporarily impaired | 64,595,000 | 66,422,000 | 56,288,000 | 29,022,000 | -7,253,000 | -4,381,000 | 1,493,000 | 14,040,000 | 39,686,000 | 47,192,000 | 49,883,000 | 47,535,000 | 71,827,000 | 68,472,000 | 48,747,000 | 32,107,000 | 49,889,000 | 61,743,000 | 83,402,000 | 74,308,000 | 78,131,000 | 92,050,000 | 78,911,000 | 67,379,000 | 72,773,000 | 74,844,000 | 112,264,000 | 114,958,000 | 119,836,000 | 107,187,000 | 107,598,000 | 97,082,000 | 99,257,000 | 105,647,000 | 96,543,000 | 98,322,000 | |||||||||||||||||||||||||||
net unrealized investment losses other-than-temporarily impaired | -32,000 | -46,000 | -60,000 | -106,000 | -117,000 | -134,000 | -136,000 | -137,000 | -113,000 | -144,000 | -54,000 | -55,000 | -65,000 | -66,000 | -69,000 | -71,000 | -73,000 | -462,000 | -462,000 | -462,000 | -462,000 | -1,347,000 | -1,347,000 | -1,347,000 | -1,047,000 | -1,047,000 | -1,045,000 | -1,035,000 | -1,364,000 | -2,031,000 | -1,981,000 | -1,665,000 | -2,363,000 | -2,275,000 | -2,275,000 | -2,275,000 | |||||||||||||||||||||||||||
equity securities available-for-sale, at fair value | 41,107,000 | 45,171,000 | 45,936,000 | 46,437,000 | 47,539,000 | 49,040,000 | 49,554,000 | 47,839,000 | 45,780,000 | 49,961,000 | 51,807,000 | 53,390,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unearned premiums | 439,000 | 452,000 | 468,000 | 486,000 | 476,000 | 500,000 | 511,000 | 526,000 | 560,000 | 594,000 | 628,000 | 665,000 | 730,000 | 821,000 | 912,000 | 1,012,000 | 1,236,000 | 1,465,000 | 1,802,000 | 4,501,000 | 7,689,000 | 10,214,000 | 6,056,000 | 6,765,000 | 9,476,000 | 11,427,000 | 7,022,000 | 6,477,000 | 8,102,000 | 9,493,000 | 5,563,000 | 4,765,000 | 3,692,000 | 6,355,000 | |||||||||||||||||||||||||||||
fixed-maturity securities held-to-maturity, at amortized cost | 737,150,000 | 688,840,000 | 635,690,000 | 535,160,000 | 454,000,000 | 431,000,000 | 404,860,000 | 365,220,000 | 356,000,000 | 328,000,000 | 238,000,000 | 220,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized investment gains | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from reinsurers | 4,238,978,000 | 4,191,754,000 | 4,219,547,000 | 4,161,537,000 | 4,147,284,000 | 4,160,266,000 | 4,110,628,000 | 4,103,949,000 | 4,137,425,000 | 4,094,456,000 | 4,115,533,000 | 4,130,637,000 | 4,077,734,000 | 4,074,527,000 | 4,055,054,000 | 4,033,138,000 | 3,993,258,000 | 4,005,539,000 | 4,005,194,000 | 3,993,603,000 | 3,903,028,000 | 3,895,162,000 | 3,855,890,000 | 3,819,738,000 | 3,795,348,000 | 3,770,966,000 | 3,731,634,000 | 3,668,585,000 | 3,603,532,000 | 3,595,239,000 | |||||||||||||||||||||||||||||||||
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized investment gains: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premiums and other receivables | 213,329,000 | 204,406,000 | 193,841,000 | 198,846,000 | 189,924,000 | 180,642,000 | 181,660,000 | 183,179,000 | 175,680,000 | 170,577,000 | 175,789,000 | 182,702,000 | 181,317,000 | 180,347,000 | 170,656,000 | 177,791,000 | 167,746,000 | 159,085,000 | 163,845,000 | 181,190,000 | 178,917,000 | 171,925,000 | 168,026,000 | 194,937,000 | 188,127,000 | 190,499,000 | |||||||||||||||||||||||||||||||||||||
current income tax payable | 6,476,000 | 15,014,000 | 15,019,000 | 28,407,000 | 33,177,000 | 43,224,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed-maturity securities available for sale, at fair value | 1,787,926,000 | 1,804,163,000 | 1,771,572,000 | 1,755,712,000 | 1,688,096,000 | 1,682,121,000 | 1,837,929,000 | 1,887,014,000 | 1,912,456,000 | 1,823,729,000 | 1,948,497,000 | 1,959,156,000 | 2,098,065,000 | 2,099,236,000 | 2,119,658,000 | 2,081,361,000 | 2,137,762,000 | 2,006,795,000 | 2,011,949,000 | ||||||||||||||||||||||||||||||||||||||||||||
fixed-maturity securities held to maturity, at amortized cost | 189,830,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities available for sale, at fair value | 50,133,000 | 50,436,000 | 47,086,000 | 39,894,000 | 37,016,000 | 37,725,000 | 40,277,000 | 37,147,000 | 36,693,000 | 31,811,000 | 31,702,000 | 26,712,000 | 22,102,000 | 22,786,000 | 23,252,000 | 23,213,000 | 21,483,000 | 19,274,000 | 21,158,000 | ||||||||||||||||||||||||||||||||||||||||||||
common stock of | 597,000 | 599,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other invested assets | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock of .01 par value. authorized 500,000 in 2011 and 2010 and issued 73,740 shares in 2011 and 72,843 shares in 2010 | 737,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock of .01 par value. authorized 500,000 in 2011 and 2010 and issued 73,603 shares in 2011 and 72,843 shares in 2010 | 736,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock of .01 par value. authorized 500,000 shares in 2011 and 2010 and issued 73,188 shares in 2011 and 72,843 shares in 2010 | 732,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from affiliates | 1,927,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due to affiliates | 842,075,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock of .01 par value. authorized 500,000 in 2010 and issued 72,727 in 2010 | 727,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of income tax expense of (93,137) in 2010 and (94,043) in 2009 | 169,991,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock of .01 par value. authorized 500,000 in 2010 and issued 72,730 in 2010 | 727,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of income tax expense of (78,941) in 2010 and (94,043) in 2009 | 142,088,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of income tax benefit of 71,661 in 2010 and 94,043 in 2009 | 134,096,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 190,096,000 | 206,792,000 | 178,344,000 | 169,051,000 | 167,071,000 | 164,373,000 | 1,170,000 | 137,904,000 | 151,935,000 | 152,063,000 | 147,497,000 | 125,106,000 | 131,840,000 | 51,807,000 | 105,563,000 | 78,764,000 | 34,508,000 | 111,439,000 | 128,161,000 | 97,872,000 | 100,084,000 | 112,101,000 | 101,510,000 | 72,469,000 | 93,557,000 | 96,223,000 | 97,446,000 | 79,165,000 | 86,544,000 | 85,136,000 | 86,699,000 | 65,715,000 | 168,442,000 | 66,637,000 | 63,106,000 | 52,070,000 | 58,038,000 | 59,326,000 | 45,176,000 | 47,947,000 | 49,351,000 | 49,172,000 | 43,401,000 | 45,465,000 | 41,595,000 | 49,272,000 | 45,080,000 | 37,200,000 | 43,190,000 | 43,490,000 | 38,845,000 | 40,271,000 | 45,599,000 | 46,180,000 | 41,756,000 | 41,185,000 | 40,601,000 | 44,023,000 | 52,467,000 | 52,889,000 | 39,595,000 | 22,008,000 | 143,286,000 |
adjustments to reconcile net income to cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in future policy benefits and other policy liabilities | 42,356,000 | -60,499,000 | 46,955,000 | 46,754,000 | 65,164,000 | 51,173,000 | 8,138,000 | 19,794,000 | 65,334,000 | 18,773,000 | 28,232,000 | -9,799,000 | 100,594,000 | 79,412,000 | -29,880,000 | 75,770,000 | 128,167,000 | 163,723,000 | 47,962,000 | 122,881,000 | 174,867,000 | 143,665,000 | 191,553,000 | 63,975,000 | 91,208,000 | 63,781,000 | 77,110,000 | 65,733,000 | 78,829,000 | 75,767,000 | 42,865,000 | 69,052,000 | 90,036,000 | 76,981,000 | 67,981,000 | 71,124,000 | 62,340,000 | 54,419,000 | 60,985,000 | 77,180,000 | 42,104,000 | 69,714,000 | 53,674,000 | 46,017,000 | 109,972,000 | 52,694,000 | 54,542,000 | 61,405,000 | 69,807,000 | 31,428,000 | 65,701,000 | 68,928,000 | 60,422,000 | 42,736,000 | 70,976,000 | 22,128,000 | |||||||
deferral of policy acquisition costs | -126,814,000 | -132,370,000 | -136,300,000 | -139,042,000 | -136,374,000 | -140,051,000 | -136,402,000 | -134,768,000 | -131,454,000 | -128,848,000 | -128,028,000 | -126,640,000 | -119,381,000 | -126,768,000 | -126,306,000 | -130,881,000 | -129,998,000 | -136,487,000 | -143,410,000 | -142,297,000 | -135,024,000 | -137,877,000 | -127,573,000 | -112,160,000 | -103,882,000 | -107,924,000 | -107,220,000 | -105,080,000 | -102,718,000 | -107,738,000 | -110,512,000 | -111,422,000 | -105,637,000 | -108,721,000 | -105,725,000 | -102,666,000 | -98,252,000 | -96,220,000 | -86,925,000 | -82,851,000 | -84,765,000 | -83,147,000 | -75,434,000 | -72,918,000 | -70,714,000 | -73,268,000 | -73,045,000 | -67,441,000 | -69,040,000 | -68,168,000 | -62,874,000 | -58,531,000 | -68,472,000 | -74,032,000 | -67,119,000 | -76,197,000 | -79,161,000 | -81,146,000 | -72,524,000 | -76,134,000 | -69,214,000 | -66,103,000 | -93,303,000 |
amortization of deferred policy acquisition costs | 84,260,000 | 81,499,000 | 80,042,000 | 78,550,000 | 76,905,000 | 75,539,000 | 73,643,000 | 72,049,000 | 70,378,000 | 69,405,000 | 68,675,000 | 67,358,000 | 93,776,000 | 90,925,000 | 85,379,000 | 86,063,000 | 68,575,000 | 62,214,000 | 54,285,000 | 66,105,000 | 53,342,000 | 47,491,000 | 53,177,000 | 70,311,000 | 67,279,000 | 63,883,000 | 58,762,000 | 64,628,000 | 66,184,000 | 59,535,000 | 53,846,000 | 60,165,000 | 56,305,000 | 53,384,000 | 47,860,000 | 51,850,000 | 45,428,000 | 38,720,000 | 43,129,000 | 44,335,000 | 40,797,000 | 36,382,000 | 36,213,000 | 39,544,000 | 36,944,000 | 32,697,000 | 35,193,000 | 35,627,000 | 32,192,000 | 30,112,000 | 31,252,000 | 34,628,000 | 29,234,000 | 28,205,000 | 26,531,000 | 35,875,000 | 30,532,000 | 27,385,000 | 25,556,000 | 29,536,000 | 23,844,000 | 22,899,000 | 91,756,000 |
change in income taxes | -52,092,000 | 1,565,000 | -52,221,000 | 2,274,000 | 144,185,000 | -38,461,000 | -89,492,000 | 30,335,000 | 38,631,000 | -13,683,000 | -52,503,000 | 18,713,000 | 65,684,000 | -18,917,000 | -25,078,000 | 4,725,000 | 18,693,000 | -13,901,000 | -28,863,000 | 25,497,000 | 2,837,000 | -54,234,000 | 30,908,000 | 15,481,000 | 3,029,000 | -3,567,000 | -10,829,000 | 6,180,000 | -2,948,000 | -710,000 | -421,000 | 6,444,000 | -24,310,000 | 16,369,000 | -707,000 | 6,489,000 | 15,292,000 | 15,451,000 | 20,855,000 | -30,649,000 | 3,827,000 | 8,946,000 | 18,576,000 | -16,682,000 | 3,276,000 | -410,000 | 14,906,000 | -8,928,000 | 7,803,000 | -17,645,000 | 5,725,000 | -20,096,000 | 6,958,000 | -1,688,000 | 2,119,000 | -12,459,000 | 7,553,000 | -15,660,000 | 8,630,000 | -10,239,000 | -13,619,000 | 1,063,000 | |
investment losses | -396,000 | -652,000 | 2,866,000 | -757,000 | 1,179,000 | -2,209,000 | 99,000 | -1,305,000 | 1,892,000 | -751,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion and amortization of investments | -672,000 | -931,000 | -704,000 | -875,000 | -636,000 | -885,000 | -823,000 | -1,040,000 | -1,385,000 | -11,000 | -329,000 | -309,000 | 357,000 | 662,000 | 954,000 | 1,356,000 | 1,320,000 | 1,275,000 | 1,411,000 | 1,112,000 | -28,000 | -181,000 | 471,000 | 489,000 | -217,000 | -87,000 | -296,000 | -120,000 | -498,000 | -721,000 | -549,000 | -126,000 | -545,000 | -367,000 | -344,000 | -340,000 | -368,000 | -126,000 | -597,000 | -249,000 | -110,000 | -546,000 | -438,000 | -2,790,000 | -1,026,000 | -412,000 | -597,000 | -1,630,000 | -1,133,000 | -1,265,000 | -526,000 | -1,080,000 | -1,382,000 | -26,000 | -278,000 | -488,000 | -420,000 | -43,000 | -1,867,000 | -143,000 | -481,000 | -764,000 | -490,000 |
depreciation and amortization | 3,866,000 | 4,313,000 | 5,250,000 | 4,774,000 | 4,323,000 | 4,595,000 | 7,318,000 | 7,165,000 | 7,166,000 | 7,357,000 | 8,894,000 | 8,547,000 | 8,543,000 | 8,278,000 | 8,665,000 | 8,688,000 | 10,145,000 | 8,925,000 | 5,358,000 | 5,408,000 | 5,211,000 | 4,667,000 | 3,879,000 | 3,940,000 | 5,015,000 | 4,795,000 | 4,334,000 | 4,156,000 | 3,295,000 | 3,128,000 | 2,950,000 | 3,044,000 | 3,228,000 | 3,329,000 | 3,585,000 | 3,409,000 | 3,771,000 | 3,969,000 | 3,139,000 | 2,797,000 | 2,828,000 | 2,740,000 | 2,633,000 | 3,655,000 | 2,894,000 | 2,833,000 | 2,884,000 | 2,621,000 | 2,843,000 | 2,915,000 | 2,424,000 | 2,540,000 | 2,644,000 | 2,420,000 | 2,491,000 | 2,875,000 | 2,591,000 | 2,608,000 | 2,657,000 | 2,652,000 | 2,597,000 | 2,382,000 | 2,432,000 |
change in reinsurance recoverables | 53,893,000 | 114,727,000 | 45,522,000 | 43,276,000 | 36,696,000 | 43,749,000 | 62,521,000 | 47,987,000 | 57,027,000 | 50,068,000 | 82,467,000 | 47,766,000 | 21,918,000 | 16,898,000 | 161,504,000 | 31,582,000 | 10,738,000 | -45,900,000 | 110,775,000 | -67,301,000 | -30,411,000 | -6,287,000 | -71,793,000 | 8,306,000 | 2,825,000 | 15,558,000 | 23,652,000 | -54,860,000 | 37,923,000 | 8,618,000 | 57,694,000 | -66,974,000 | |||||||||||||||||||||||||||||||
change in agent balances, due premiums and other receivables | -4,952,000 | -5,654,000 | -13,939,000 | 1,114,000 | 16,607,000 | -14,113,000 | -1,349,000 | -13,444,000 | 13,920,000 | -17,541,000 | -9,654,000 | -5,486,000 | 12,645,000 | -15,891,000 | 526,000 | 2,245,000 | 17,003,000 | 2,573,000 | -9,805,000 | -3,725,000 | 21,467,000 | -13,262,000 | -40,827,000 | 274,000 | 19,873,000 | -8,687,000 | -15,241,000 | -7,910,000 | 30,627,000 | -4,556,000 | -13,532,000 | 3,752,000 | 11,952,000 | -16,808,000 | -8,356,000 | -5,119,000 | |||||||||||||||||||||||||||
trading securities sold, matured, called or (acquired) | -19,812,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation | 12,593,000 | 4,325,000 | 2,226,000 | 13,251,000 | 5,532,000 | 3,875,000 | 3,054,000 | 12,614,000 | 2,289,000 | 2,037,000 | 2,456,000 | 12,129,000 | 2,709,000 | 1,061,000 | 6,154,000 | 12,437,000 | 2,008,000 | 642,000 | 2,539,000 | 11,653,000 | 3,290,000 | 2,219,000 | 2,357,000 | 11,161,000 | 2,464,000 | 2,069,000 | 2,104,000 | 10,896,000 | 1,873,000 | 1,986,000 | 1,890,000 | 11,502,000 | 1,776,000 | 1,824,000 | 1,924,000 | 9,743,000 | 1,723,000 | 2,548,000 | 7,483,000 | 2,022,000 | 2,060,000 | 1,915,000 | 8,943,000 | 3,649,000 | 8,497,000 | 2,988,000 | 2,848,000 | 3,099,000 | 2,737,000 | 2,756,000 | 5,196,000 | -977,000 | 6,725,000 | 8,169,000 | 5,027,000 | 3,864,000 | 4,126,000 | 173,000 | 3,425,000 | 3,087,000 | 3,075,000 | ||
change in other operating assets and liabilities | -25,536,000 | -1,866,000 | 3,954,000 | -21,711,000 | -10,000 | -39,097,000 | 36,448,000 | 4,562,000 | 9,799,000 | -1,151,000 | -15,560,000 | 43,127,000 | -27,556,000 | 15,993,000 | -30,428,000 | 14,452,000 | 10,554,000 | 14,679,000 | -13,685,000 | 22,942,000 | 49,100,000 | -18,997,000 | 20,243,000 | -10,730,000 | 14,289,000 | 737,000 | -13,309,000 | 19,398,000 | -12,931,000 | -6,461,000 | -7,698,000 | 27,616,000 | -6,200,000 | 33,066,000 | -35,761,000 | -7,474,000 | 6,802,000 | -5,512,000 | -15,099,000 | 21,505,000 | -5,349,000 | -13,644,000 | -13,747,000 | 21,870,000 | 8,009,000 | -39,082,000 | -7,317,000 | 49,077,000 | -19,823,000 | -19,743,000 | -6,841,000 | ||||||||||||
net cash from operating activities | 156,790,000 | 202,892,000 | 162,576,000 | 197,466,000 | 270,640,000 | 207,266,000 | 173,284,000 | 210,898,000 | 241,058,000 | 139,767,000 | 135,746,000 | 175,946,000 | 206,387,000 | 166,796,000 | 170,183,000 | 214,299,000 | 221,835,000 | 160,328,000 | 155,335,000 | 119,458,000 | 239,464,000 | 87,528,000 | 184,903,000 | 131,522,000 | 164,182,000 | 136,246,000 | 118,664,000 | 66,421,000 | 192,787,000 | 121,245,000 | 117,636,000 | 46,399,000 | 178,725,000 | 89,929,000 | 67,323,000 | 52,547,000 | 60,987,000 | 68,984,000 | 34,917,000 | 118,097,000 | 55,686,000 | 18,904,000 | 66,402,000 | 104,848,000 | 62,342,000 | 32,714,000 | 37,740,000 | 97,342,000 | 38,053,000 | -11,868,000 | 64,372,000 | 12,585,000 | 94,584,000 | 28,933,000 | -16,124,000 | 80,472,000 | 17,680,000 | -13,496,000 | 3,246,000 | 42,309,000 | -37,722,000 | -77,017,000 | 113,487,000 |
capital expenditures | -9,065,000 | -5,192,000 | -3,536,000 | -8,722,000 | -2,580,000 | -14,044,000 | -4,218,000 | -8,386,000 | -20,266,000 | -3,397,000 | -2,373,000 | -7,861,000 | -1,855,000 | -9,590,000 | -6,684,000 | -7,676,000 | -3,256,000 | -9,330,000 | -1,920,000 | -10,182,000 | -5,172,000 | -3,078,000 | -9,451,000 | -9,921,000 | -5,449,000 | -4,085,000 | -9,309,000 | -6,594,000 | -2,504,000 | -4,859,000 | -4,074,000 | -2,080,000 | 1,213,000 | -1,771,000 | -3,060,000 | -3,134,000 | -731,000 | -2,918,000 | -7,761,000 | -1,475,000 | -968,000 | -3,321,000 | -1,635,000 | -1,455,000 | -1,852,000 | -2,686,000 | -1,491,000 | -5,345,000 | -2,557,000 | -7,228,000 | -8,688,000 | 0 | 0 | 0 | 0 | -2,279,000 | -372,000 | -682,000 | -580,000 | -3,287,000 | -2,586,000 | -2,869,000 | -1,122,000 |
free cash flows | 147,725,000 | 197,700,000 | 159,040,000 | 188,744,000 | 268,060,000 | 193,222,000 | 169,066,000 | 202,512,000 | 220,792,000 | 136,370,000 | 133,373,000 | 168,085,000 | 204,532,000 | 157,206,000 | 163,499,000 | 206,623,000 | 218,579,000 | 150,998,000 | 153,415,000 | 109,276,000 | 234,292,000 | 84,450,000 | 175,452,000 | 121,601,000 | 158,733,000 | 132,161,000 | 109,355,000 | 59,827,000 | 190,283,000 | 116,386,000 | 113,562,000 | 44,319,000 | 179,938,000 | 88,158,000 | 64,263,000 | 49,413,000 | 60,256,000 | 66,066,000 | 27,156,000 | 116,622,000 | 54,718,000 | 15,583,000 | 64,767,000 | 103,393,000 | 60,490,000 | 30,028,000 | 36,249,000 | 91,997,000 | 35,496,000 | -19,096,000 | 55,684,000 | 12,585,000 | 94,584,000 | 28,933,000 | -16,124,000 | 78,193,000 | 17,308,000 | -14,178,000 | 2,666,000 | 39,022,000 | -40,308,000 | -79,886,000 | 112,365,000 |
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale investments sold, matured or called: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed-maturity securities — sold | 1,993,000 | 16,999,000 | 97,000 | 1,232,000 | 678,000 | 5,303,000 | 1,650,000 | 1,846,000 | 10,555,000 | 5,179,000 | 488,000 | 17,542,000 | 4,371,000 | 1,227,000 | 32,552,000 | 3,589,000 | 85,002,000 | 10,810,000 | 4,835,000 | 4,663,000 | 32,870,000 | 25,392,000 | 8,730,000 | 11,335,000 | 15,670,000 | 6,467,000 | 15,952,000 | 14,873,000 | 9,053,000 | 24,416,000 | 14,694,000 | 28,538,000 | 6,615,000 | 44,821,000 | 25,104,000 | 26,511,000 | 40,513,000 | 40,306,000 | 23,278,000 | 45,685,000 | 21,094,000 | ||||||||||||||||||||||
fixed-maturity securities — matured or called | 152,692,000 | 114,237,000 | 136,903,000 | 98,809,000 | 121,932,000 | 83,366,000 | 129,026,000 | 86,418,000 | 63,236,000 | 47,348,000 | 72,608,000 | 80,251,000 | 76,425,000 | 72,116,000 | 114,840,000 | 96,336,000 | 114,061,000 | 131,804,000 | 113,694,000 | 94,576,000 | 94,094,000 | 117,485,000 | 101,043,000 | 116,525,000 | 98,620,000 | 94,842,000 | 101,535,000 | 108,972,000 | 102,605,000 | 106,833,000 | 63,661,000 | 60,523,000 | 52,474,000 | 46,430,000 | 58,759,000 | 50,435,000 | 86,609,000 | 46,049,000 | 52,992,000 | 75,751,000 | 72,979,000 | 77,254,000 | 91,596,000 | ||||||||||||||||||||
equity securities — sold | 0 | 25,000 | 1,000 | 301,000 | 2,735,000 | 10,000 | 5,000 | 4,000 | 2,000 | 26,000 | 73,000 | 2,251,000 | 0 | 0 | 27,000 | 3,109,000 | 155,000 | 119,000 | |||||||||||||||||||||||||||||||||||||||||||||
equity securities — matured or called | 0 | 829,000 | 1,000,000 | 0 | 103,000 | -52,000 | 4,324,000 | 63,000 | 0 | 0 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale investments acquired: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed-maturity securities | -364,423,000 | -141,327,000 | -135,980,000 | -191,017,000 | -167,888,000 | -181,019,000 | -146,627,000 | -168,644,000 | -67,125,000 | -151,854,000 | -84,570,000 | -108,713,000 | -109,162,000 | -91,322,000 | -129,069,000 | -250,932,000 | -298,445,000 | -218,985,000 | -136,908,000 | -247,253,000 | -86,189,000 | -182,085,000 | -121,168,000 | -132,681,000 | -188,946,000 | -159,737,000 | -198,122,000 | -86,301,000 | -126,520,000 | -85,195,000 | -109,510,000 | -105,464,000 | -95,382,000 | -77,718,000 | -55,886,000 | -169,000,000 | -62,740,000 | -79,453,000 | -122,264,000 | -106,917,000 | -98,773,000 | -106,706,000 | -113,508,000 | -152,544,000 | -78,306,000 | -43,096,000 | -34,958,000 | -121,953,000 | -160,944,000 | -101,730,000 | -107,467,000 | -131,314,000 | -61,352,000 | -91,720,000 | -176,073,000 | -85,223,000 | |||||||
equity securities — acquired | -60,000 | -57,000 | -57,000 | -55,000 | -54,000 | -50,000 | -50,000 | -283,000 | -47,000 | -46,000 | -52,000 | -45,000 | -44,000 | -493,000 | -2,134,000 | -473,000 | -291,000 | -3,093,000 | -47,000 | -73,000 | -59,000 | -80,000 | -352,000 | -91,000 | -375,000 | -278,000 | -113,000 | -61,000 | -69,000 | ||||||||||||||||||||||||||||||||||
purchases of property and equipment and other investing activities | -9,065,000 | -5,192,000 | -3,536,000 | -8,722,000 | -2,580,000 | -14,044,000 | -4,218,000 | -8,386,000 | -20,266,000 | -3,397,000 | -2,373,000 | -7,861,000 | -1,855,000 | -9,590,000 | -6,684,000 | -7,676,000 | -3,256,000 | -9,330,000 | -1,920,000 | -10,182,000 | -5,172,000 | -3,078,000 | -9,451,000 | -9,921,000 | -5,449,000 | -4,085,000 | -9,309,000 | -6,594,000 | -2,504,000 | -4,859,000 | -4,074,000 | -2,080,000 | 1,213,000 | -1,771,000 | -3,060,000 | -3,134,000 | -731,000 | -2,918,000 | -7,761,000 | -1,475,000 | -968,000 | -3,321,000 | -1,635,000 | -1,455,000 | -1,852,000 | -2,686,000 | -1,491,000 | -5,345,000 | -2,557,000 | -7,228,000 | -8,688,000 | ||||||||||||
cash collateral received (returned) on loaned securities | 144,000 | 21,110,000 | -14,135,000 | 11,526,000 | 798,000 | -5,760,000 | 14,347,000 | -23,136,000 | 21,829,000 | 313,000 | 3,191,000 | -26,486,000 | 20,184,000 | -15,849,000 | 3,432,000 | -1,358,000 | -10,735,000 | 24,651,000 | -6,577,000 | 15,036,000 | 23,271,000 | 18,910,000 | 1,077,000 | 173,000 | -11,210,000 | -3,934,000 | -21,047,000 | 12,352,000 | -18,070,000 | -11,464,000 | -7,337,000 | -353,000 | -17,192,000 | -8,897,000 | 22,549,000 | 19,680,000 | 3,942,000 | 4,518,000 | 15,901,000 | -11,738,000 | 19,322,000 | 8,276,000 | 5,411,000 | -17,403,000 | -25,955,000 | -15,525,000 | 19,242,000 | 14,000,000 | -10,420,000 | -47,053,000 | -6,602,000 | -37,739,000 | 33,703,000 | ||||||||||
sales (purchases) of short-term investments using securities lending collateral | -144,000 | -21,110,000 | 14,135,000 | -11,526,000 | -798,000 | 5,760,000 | -14,347,000 | 23,136,000 | -21,829,000 | -313,000 | -3,191,000 | 26,486,000 | -20,184,000 | 15,849,000 | -3,432,000 | 1,358,000 | 10,735,000 | -24,651,000 | 6,577,000 | -15,036,000 | -23,271,000 | -18,910,000 | -1,077,000 | -173,000 | 11,210,000 | 3,934,000 | 21,047,000 | -12,352,000 | 18,070,000 | 11,464,000 | 7,337,000 | 353,000 | 17,192,000 | 8,897,000 | -22,549,000 | -19,680,000 | -3,942,000 | -4,518,000 | -15,901,000 | 11,738,000 | -19,322,000 | -8,276,000 | -5,411,000 | 17,403,000 | 25,955,000 | 15,525,000 | -19,242,000 | -14,000,000 | 10,420,000 | 47,053,000 | 6,602,000 | 37,739,000 | -33,703,000 | -1,456,000 | 6,851,000 | ||||||||
cash received from redemption of deposit asset | 131,418,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -87,445,000 | -15,340,000 | -1,719,000 | -98,752,000 | -50,680,000 | -125,061,000 | 29,779,000 | -86,288,000 | -2,246,000 | -101,598,000 | 44,979,000 | -31,186,000 | -103,257,000 | -7,973,000 | 23,854,000 | -112,672,000 | -200,826,000 | -589,489,000 | 70,174,000 | -203,242,000 | 4,548,000 | -60,811,000 | 3,478,000 | -744,000 | -87,125,000 | -57,997,000 | -82,040,000 | 25,278,000 | -100,678,000 | -10,060,000 | -49,978,000 | -72,085,000 | -49,041,000 | -558,000 | -44,941,000 | -33,741,000 | -29,260,000 | 17,030,000 | 47,967,000 | -97,809,000 | 32,492,000 | 33,460,000 | -26,608,000 | 11,322,000 | -9,562,000 | -13,178,000 | -4,227,000 | -89,693,000 | -4,367,000 | 94,643,000 | 34,901,000 | 12,300,000 | -72,399,000 | 94,790,000 | 31,958,000 | 103,755,000 | 22,284,000 | 15,083,000 | -12,423,000 | -105,063,000 | 41,818,000 | 778,952,000 | |
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid | -38,117,000 | -33,819,000 | -34,209,000 | -34,736,000 | -30,208,000 | -30,515,000 | -25,835,000 | -26,256,000 | -22,870,000 | -23,336,000 | -23,599,000 | -23,910,000 | -20,389,000 | -20,571,000 | -21,178,000 | -21,645,000 | -18,685,000 | -18,671,000 | -18,660,000 | -18,620,000 | -15,850,000 | -15,882,000 | -16,084,000 | -16,530,000 | -14,162,000 | -14,323,000 | -14,517,000 | -14,628,000 | -10,859,000 | -10,917,000 | -11,086,000 | -11,278,000 | -9,019,000 | -9,122,000 | -8,798,000 | -8,882,000 | -8,510,000 | -8,151,000 | -8,295,000 | -7,892,000 | -8,042,000 | -8,356,000 | -8,517,000 | -6,463,000 | -6,645,000 | -6,666,000 | -6,738,000 | -6,138,000 | -6,126,000 | -6,385,000 | -6,409,000 | ||||||||||||
common stock repurchased | -135,002,000 | -128,964,000 | -133,018,000 | -117,990,000 | -47,780,000 | -128,824,000 | -142,712,000 | -109,109,000 | -72,546,000 | -106,479,000 | -110,762,000 | -85,275,000 | -31,952,000 | -97,392,000 | -127,952,000 | -99,010,000 | -13,352,000 | -41,503,000 | -86,513,000 | -90,063,000 | -43,968,000 | -70,338,000 | -57,106,000 | -53,625,000 | -42,751,000 | -33,619,000 | -87,448,000 | -46,328,000 | -17,287,000 | -57,709,000 | -45,184,000 | -29,858,000 | -41,012,000 | -40,613,000 | -49,945,000 | -18,963,000 | -71,409,000 | -70,963,000 | -38,749,000 | -76,069,000 | -30,694,000 | -21,972,000 | -19,187,000 | 0 | -3,078,000 | -98,209,000 | -9,124,000 | ||||||||||||||||
tax withholdings on share-based compensation | -5,987,000 | -42,000 | -9,000 | -8,646,000 | -1,313,000 | -842,000 | -31,000 | -7,460,000 | -340,000 | 0 | -500,000 | -9,739,000 | -146,000 | -126,000 | -11,000 | -4,852,000 | -79,000 | -88,000 | -519,000 | -5,966,000 | -73,000 | -53,000 | 1,000 | -5,614,000 | -169,000 | -340,000 | -13,000 | -6,664,000 | -582,000 | -892,000 | -1,000 | -5,236,000 | -30,000 | -207,000 | -2,000 | -6,495,000 | 0 | -717,000 | -3,040,000 | -1,574,000 | -25,000 | -35,000 | -6,041,000 | ||||||||||||||||||||
finance leases | -58,000 | -68,000 | -69,000 | -68,000 | -64,000 | -62,000 | -65,000 | -65,000 | -66,000 | -66,000 | -65,000 | -68,000 | -67,000 | -66,000 | -65,000 | -64,000 | -63,000 | -68,000 | -67,000 | -66,000 | -65,000 | -69,000 | -73,000 | -67,000 | -70,000 | -71,000 | -70,000 | -70,000 | |||||||||||||||||||||||||||||||||||
net cash from financing activities | -179,164,000 | -162,893,000 | -167,305,000 | -161,440,000 | -79,365,000 | -160,243,000 | -168,643,000 | -142,890,000 | -95,822,000 | -129,881,000 | -134,926,000 | -118,992,000 | -52,554,000 | -118,155,000 | -152,570,000 | -134,571,000 | 45,699,000 | -18,827,000 | 105,754,000 | -24,652,000 | -29,340,000 | -57,507,000 | -102,669,000 | -112,274,000 | -58,369,000 | -85,072,000 | -71,706,000 | -74,987,000 | -54,192,000 | -45,428,000 | -98,535,000 | -62,842,000 | -27,204,000 | -67,038,000 | -53,984,000 | -45,235,000 | -49,286,000 | -48,438,000 | -60,875,000 | -27,891,000 | -79,111,000 | -78,551,000 | -49,715,000 | -87,768,000 | -36,941,000 | -28,203,000 | -22,971,000 | -4,988,000 | -4,865,000 | -166,525,000 | -8,562,000 | -98,349,000 | 53,246,000 | -163,970,000 | -2,013,000 | -202,011,000 | -2,274,000 | -2,270,000 | -757,000 | -752,000 | -750,000 | -675,666,000 | -612,725,000 |
effect of foreign exchange rate changes on cash | -597,000 | -1,002,000 | 2,574,000 | -23,000 | -2,916,000 | 888,000 | -527,000 | -1,469,000 | 1,396,000 | -1,111,000 | 696,000 | 82,000 | 639,000 | -2,762,000 | -1,127,000 | 222,000 | 215,000 | -1,025,000 | 3,384,000 | 811,000 | 2,020,000 | 1,316,000 | 1,554,000 | -2,295,000 | 442,000 | -406,000 | 431,000 | 776,000 | -1,157,000 | 341,000 | -428,000 | -849,000 | 64,000 | 586,000 | 339,000 | 215,000 | -209,000 | -202,000 | 1,414,000 | -664,000 | -1,920,000 | -87,000 | -2,388,000 | -885,000 | -1,461,000 | 850,000 | -1,293,000 | -940,000 | 560,000 | -675,000 | -415,000 | -143,000 | 2,330,000 | -7,227,000 | 5,637,000 | -165,000 | 2,286,000 | -543,000 | -827,000 | 8,593,000 | 7,788,000 | -7,782,000 | 24,179,000 |
change in cash and cash equivalents | -110,416,000 | 23,657,000 | -3,874,000 | -62,749,000 | 137,679,000 | -77,150,000 | 33,893,000 | -19,749,000 | 144,386,000 | -92,823,000 | 46,495,000 | 25,850,000 | 51,215,000 | 37,906,000 | 40,340,000 | -32,722,000 | 66,923,000 | -449,013,000 | 334,647,000 | -107,625,000 | 216,692,000 | -29,474,000 | 87,266,000 | 16,209,000 | 19,130,000 | -7,229,000 | -34,651,000 | 17,488,000 | 36,760,000 | 66,098,000 | -31,305,000 | -89,377,000 | 102,544,000 | 22,919,000 | -31,263,000 | -26,214,000 | -17,768,000 | 37,374,000 | 23,423,000 | -8,267,000 | 7,147,000 | -26,274,000 | -12,309,000 | 27,517,000 | 14,378,000 | -7,817,000 | 9,249,000 | 1,721,000 | 29,381,000 | -84,425,000 | 90,296,000 | -73,607,000 | 77,761,000 | -47,474,000 | 19,458,000 | -17,949,000 | |||||||
cash and cash equivalents, beginning of period | 756,227,000 | 0 | 0 | 687,821,000 | 0 | 0 | 0 | 613,148,000 | 0 | 0 | 0 | 489,240,000 | 0 | 0 | 0 | 392,501,000 | 0 | 0 | 0 | 547,569,000 | 0 | 0 | 0 | 256,876,000 | 0 | 0 | 0 | 262,138,000 | 0 | 0 | 0 | 279,962,000 | 0 | 0 | 0 | 211,976,000 | 0 | 0 | 152,294,000 | 0 | -519,000 | 0 | 192,516,000 | 0 | 0 | 0 | 149,189,000 | 0 | 0 | 0 | 112,216,000 | 0 | 0 | 0 | 136,078,000 | 0 | 0 | 0 | 126,038,000 | 0 | 0 | 625,260,000 | |
cash and cash equivalents, end of period | 645,811,000 | 23,657,000 | -3,874,000 | 625,072,000 | 137,679,000 | -77,150,000 | 33,893,000 | 593,399,000 | 144,386,000 | -92,823,000 | 46,495,000 | 515,090,000 | 51,215,000 | 37,906,000 | 40,340,000 | 359,779,000 | 66,923,000 | -449,013,000 | 334,647,000 | 439,944,000 | 216,692,000 | -29,474,000 | 87,266,000 | 273,085,000 | 19,130,000 | -7,229,000 | -34,651,000 | 279,626,000 | 36,760,000 | 66,098,000 | -31,305,000 | 190,585,000 | 102,544,000 | 22,919,000 | -31,263,000 | 185,762,000 | -17,768,000 | 37,374,000 | 175,717,000 | -8,267,000 | 6,628,000 | -26,274,000 | 180,207,000 | 27,517,000 | 14,378,000 | -7,817,000 | 158,438,000 | 1,721,000 | 29,381,000 | -84,425,000 | 202,512,000 | -73,607,000 | 77,761,000 | -47,474,000 | 155,536,000 | -17,949,000 | 39,976,000 | -1,226,000 | 115,277,000 | -135,747,000 | -718,647,000 | 929,153,000 | |
change in renewal commissions receivable | 1,376,000 | 517,000 | 748,000 | 525,000 | 2,913,000 | 5,276,000 | 13,961,000 | 1,560,000 | -594,000 | 3,185,000 | 5,634,000 | -2,016,000 | -4,366,000 | 7,651,000 | 18,576,000 | -8,927,000 | |||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill and other long-lived assets | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on insurance proceeds received from acquisition representation and warranty policy | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of discontinued operations, excluding income tax benefit | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments — matured or called | 0 | 0 | 20,008,000 | 1,774,000 | 0 | 0 | 43,752,000 | 41,550,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance proceeds received from acquisition representation and warranty policy | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
disposal of cash in discontinued operations | -2,768,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities sold, matured, or called (acquired) | 64,000 | 59,000 | 70,000 | 78,000 | 76,000 | 15,084,000 | 72,000 | 98,000 | 86,000 | -14,808,000 | 100,000 | 5,002,000 | 3,587,000 | 11,273,000 | 1,711,000 | 7,087,000 | 1,308,000 | -18,923,000 | -2,888,000 | 8,866,000 | 22,740,000 | -2,024,000 | -29,652,000 | 9,751,000 | 3,218,000 | -12,918,000 | 2,366,000 | 7,135,000 | 5,716,000 | -24,025,000 | 5,284,000 | 4,026,000 | -2,812,000 | -5,361,000 | -4,259,000 | -390,000 | -2,268,000 | 1,165,000 | 1,376,000 | -598,000 | 365,000 | 1,414,000 | 97,000 | 1,685,000 | 2,036,000 | -1,817,000 | 1,165,000 | -2,959,000 | -1,654,000 | ||||||||||||||
deferred tax provision | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments — sold | 0 | 0 | 0 | 39,976,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | 0 | 0 | -69,174,000 | -24,930,000 | -125,223,000 | 0 | 0 | -50,902,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of business, net of cash acquired | 0 | 0 | 0 | 3,867,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment on note issued to seller of business | 0 | 0 | -3,364,000 | -9,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | 40,118,000 | 20,807,000 | 36,292,000 | 33,161,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid | 2,898,000 | 10,418,000 | 2,845,000 | 8,572,000 | 952,000 | 1,326,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment (gains) losses | -834,000 | 1,794,000 | 328,000 | 4,608,000 | -2,846,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment loss | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from revolving credit facility | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of revolving credit facility | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increases in note issued to seller of business | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash financing activity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in note issued to seller of business | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment (gains) losses | -1,409,000 | -701,000 | -1,766,000 | -2,649,000 | -643,000 | -1,742,000 | 10,030,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment (gains) losses, including other-than-temporary impairments | -765,000 | -286,000 | -1,067,000 | -2,847,000 | 1,651,000 | 126,000 | -1,312,000 | 1,656,000 | -1,079,000 | -22,000 | -104,000 | -134,000 | 3,361,000 | 258,000 | -597,000 | -1,284,000 | 1,074,000 | 281,000 | -831,000 | -263,000 | -899,000 | 407,000 | -3,468,000 | -2,286,000 | -327,000 | -1,016,000 | -372,000 | -31,057,000 | |||||||||||||||||||||||||||||||||||
equity securities | 3,646,000 | 1,563,000 | 553,000 | 9,000 | 1,567,000 | 3,396,000 | -99,000 | 194,000 | 2,780,000 | 261,000 | 1,659,000 | 2,163,000 | 0 | 0 | 188,000 | 1,506,000 | 1,696,000 | 2,850,000 | 148,000 | 863,000 | 719,000 | 11,000 | 0 | 2,942,000 | 84,000 | 1,095,000 | 1,516,000 | 287,000 | 33,668,000 | ||||||||||||||||||||||||||||||||||
payment of deferred financing costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments - matured or called | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale fixed-maturity securities — sold | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale fixed-maturity securities — matured or called | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale equity securities — sold | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale fixed-maturity securities — acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale equity securities — acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed-maturity securities — acquired | -166,219,000 | -191,642,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash proceeds from stock options exercised | 0 | 0 | 0 | 136,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in due from reinsurers | -35,531,000 | 35,754,000 | -24,360,000 | -17,845,000 | 11,763,000 | -28,825,000 | -16,718,000 | 12,231,000 | -38,523,000 | -6,956,000 | 3,085,000 | -69,598,000 | 9,248,000 | -32,759,000 | -33,691,000 | -30,682,000 | -8,352,000 | -345,000 | -11,591,000 | -90,575,000 | -7,866,000 | -39,844,000 | -3,262,000 | -18,765,000 | 30,084,000 | -12,289,000 | -30,580,000 | -30,169,000 | |||||||||||||||||||||||||||||||||||
excess tax benefits on share-based compensation | 922,000 | 3,316,000 | 236,000 | 1,043,000 | 405,000 | 538,000 | 365,000 | 803,000 | 3,456,000 | 1,153,000 | 859,000 | 838,000 | 2,954,000 | 1,150,000 | 1,261,000 | 6,254,000 | 925,000 | ||||||||||||||||||||||||||||||||||||||||||||||
realized investment losses, including other-than-temporary impairments | 34,000 | -3,440,000 | 783,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in premiums and other receivables | -11,524,000 | -12,919,000 | 9,960,000 | -8,922,000 | -12,910,000 | 456,000 | 5,708,000 | -7,902,000 | -4,700,000 | -4,173,000 | 4,386,000 | -1,413,000 | -969,000 | -10,245,000 | 10,446,000 | -7,382,000 | -8,611,000 | 4,785,000 | 17,346,000 | -2,307,000 | -6,984,000 | -4,591,000 | |||||||||||||||||||||||||||||||||||||||||
gain from sale of business | 0 | 17,000 | 0 | -1,595,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of business | 0 | 0 | 0 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
warrants repurchased | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of deferred financing costs | -12,000 | -461,000 | -85,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of discount | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of note issued to citigroup | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for sale investments sold, matured or called: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed-maturity securities - sold | 9,577,000 | 62,877,000 | 15,878,000 | 75,315,000 | 16,206,000 | 145,963,000 | 67,354,000 | 161,362,000 | 16,810,000 | 7,211,000 | 29,424,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed-maturity securities - matured or called | 65,591,000 | 79,287,000 | 62,567,000 | 60,095,000 | 78,936,000 | 48,887,000 | 75,433,000 | 76,012,000 | 68,165,000 | 96,695,000 | 134,252,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses included in realized investment gains, including other-than-temporary impairments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net contributions from (distributions to) citigroup | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock and warrants repurchased | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in due to/from affiliates | 0 | 0 | -39,335,000 | -4,677,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | -32,175,000 | 102,890,000 | -13,065,000 | -64,244,000 | 36,450,000 | -1,727,000 | -13,845,000 | -18,416,000 | 22,567,000 | 3,901,000 | -48,801,000 | -12,698,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net distributions to citigroup | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment gains, including other-than-temporary impairments | -3,872,000 | -4,321,000 | -2,131,000 | -4,256,000 | 178,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities sold (acquired) | 11,795,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends | -4,312,000 | -3,091,000 | -2,013,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of note issued to citi | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities acquired (sold) | 3,807,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash collateral (returned) received on loaned securities | -6,851,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in policy loans | -3,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of furniture and equipment | -2,279,000 | -372,000 | -682,000 | -580,000 | -3,287,000 | -2,586,000 | -2,869,000 | -1,122,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of shares held by citi | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net distributions to citi | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net contributions from (distributions to) citi | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities acquired | -14,643,000 | -3,200,000 | -3,694,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(purchases) sales of short-term investments using securities lending collateral | -4,363,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends to stockholders | -2,274,000 | -2,270,000 | -757,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in future policy benefits and other policy benefits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss (income) recognized on equity method investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities (acquired) sold | 10,042,000 | -23,547,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in policy loans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash collateral returned on loaned securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of short-term investments using securities lending collateral | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses included in realized investment gains | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in future policy benefits | 32,159,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in other policy benefits | 11,775,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income recognized on equity method investments | 138,000 | -357,000 | 436,000 | -624,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in policy loans and other invested assets | 508,000 | 907,000 | 1,175,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash received (returned) as collateral on loaned securities | 4,363,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net distributions to citigroup inc. | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | -10,761,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses included in realized gains on sale of investments | 267,000 | 268,000 | 1,255,000 | 10,561,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ceded capital adjustment | 1,168,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operations: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in future policy benefits | 15,231,000 | 15,383,000 | 11,076,000 | 40,979,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other policy benefits | -16,336,000 | 740,000 | -21,987,000 | 25,951,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in accrued and other income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment (gains) losses, including other-than- temporary impairments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(income) loss recognized on equity-method investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in premiums and other receivables | 25,881,000 | -5,446,000 | -7,966,000 | -19,598,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed-maturity securities – sold | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed-maturity securities – matured or called | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in policy loans and other invested assets | -121,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investment activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses included in realized investment gains, including other-than temporary impairments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (distributions to) contributions from citigroup inc. | -5,105,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities sold | 4,708,000 | 3,921,000 | 5,878,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash | -135,747,000 | -718,647,000 | 303,893,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments sold or matured: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities available for sale - sold | 60,696,000 | 871,135,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities available for sale - matured, called and repaid | 91,904,000 | 221,326,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of investments: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities available for sale | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net non-cash (distributions to) contributions from citigroup inc. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash from operations: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in due from reinsurers | -31,996,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
parent allocation of share-based compensation | 279,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities - available for sale | -343,737,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid to citigroup inc. | -612,725,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital returned to citigroup inc. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid to (received from) citigroup inc. | 164,847,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncash financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allocation of share-based compensation | 279,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution of capital from citigroup, inc. | 187,697,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash dividends to citigroup, inc. | -2,203,167,000 |
