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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Direct premiums $ 3,312,125 $ 3,230,120 $ 3,122,148
Ceded premiums (1,651,811) (1,629,892) (1,616,264)
Net premiums 1,660,314 1,600,228 1,505,884
Commissions and fees 950,416 944,676 1,042,813
Investment income net of investment expenses 201,311 156,987 142,795
Interest expense on surplus note (65,474) (63,922) (62,207)
Net investment income 135,837 93,065 80,588
Realized investment gains (losses) (645) 1,444 4,665
Other investment gains (losses) (5,251) (2,439) 1,207
Investment gains (losses) (5,896) (995) 5,872
Other, net 75,020 83,159 74,575
Revenues 2,815,691 2,720,133 2,709,732
Benefits and expenses:      
Benefits and claims 642,979 632,403 602,007
Future policy benefits remeasurement (gain) loss (384) 1,626 1,297
Amortization of deferred policy acquisition costs 275,816 261,629 238,270
Sales commissions 457,444 462,764 522,308
Insurance expenses 235,460 235,405 202,605
Insurance commissions 34,222 30,261 34,532
Contract acquisition costs 55,233 68,431 52,788
Interest expense 26,594 27,237 30,618
Goodwill impairment loss   60,000 76,000
Loss on extinguishment of debt     8,927
Other operating expenses 336,647 320,394 296,851
Total benefits and expenses 2,064,011 2,100,150 2,066,203
Income before income taxes 751,680 619,983 643,529
Income taxes 175,079 152,953 167,544
Net income 576,601 467,030 475,985
Net loss attributable to noncontrolling interests   (5,038) (1,377)
Net income attributable to Primerica, Inc. $ 576,601 $ 472,068 $ 477,362
Earnings per share attributable to common stockholders:      
Basic earnings per share $ 15.97 $ 12.37 $ 12.03
Diluted earnings per share $ 15.94 $ 12.33 $ 11.99
Weighted-average shares used in computing earnings per share:      
Basic 35,954 37,997 39,530
Diluted 36,027 38,106 39,652