Primerica(US:PRI)2021-05-06 19:32Financial Performance - Adjusted operating revenue increased by 18% [5] - Adjusted net operating income grew by 14% [5] - Diluted adjusted operating earnings per share increased by 19% [5] - Adjusted operating ROAE was 22.2% compared to 21.8% in the prior year period [5] - GAAP revenues increased by 21% to $637.7 million [5] - GAAP net income increased by 35% to $97.9 million [5] - GAAP diluted EPS increased by 41% to $2.46 [5] Distribution - New recruits increased by 12% year-over-year, reaching 94,633 [8] - The sales force totaled approximately 132,000 representatives [8] Production - Issued life insurance policies increased by 16% year-over-year, totaling 82,667 [11] - Life insurance face amount issued increased by 15% to $26.6 billion [11] - Life insurance face amount in force increased by 8% to $869.6 billion [11] - Investment and Savings Products (ISP) sales increased by 27% to $2.85 billion [15] - Average client asset values for ISP increased by 25% to $83.13 billion [15] - Ending client asset values for ISP increased 45% to $85.89 billion [15] Segment Performance - Term Life adjusted direct premiums grew by 16% [19] - Investment & Savings Products sales-based revenues increased by 21% [22] - Investment & Savings Products asset-based revenues increased by 24% [22]