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Primerica(PRI) - 2023 Q4 - Earnings Call Presentation

Financial Performance - Net income increased by 4% and diluted EPS grew by 9% year-over-year[5] - Revenues increased by 6% from $686.9 million to $726.3 million[19] - Adjusted operating revenues increased by 6% from $684.5 million to $724.3 million[19] - Ending client asset values grew 15% year-over-year, reaching $97 billion[14] Distribution and Sales Force - Life-licensed sales force increased by 5% year-over-year[8] - Recruits increased by 17% from 77,025 to 89,992[22] - New life-licensed representatives increased by 17% from 11,117 to 13,029[22] Production - Issued a record $119 billion in new face amount during 2023[10] - Issued life insurance policies increased by 12% from $79.282 billion to $88.757 billion[25] - Total investment product sales increased by 13% from $2.1 billion to $2.4 billion[39] Term Life Segment - Adjusted direct premiums (ADP) increased by 6% from $583.6 million to $619.6 million[30]