secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS, INC. (CIA)
CIK:        0000024090
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0000024090-22-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens Q1 2022 net loss narrows to $1.3M; renewal premiums up 2% YoY
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- Net loss $1.3M ($0.03 diluted) vs $3.6M loss ($0.07) in Q1 2021.
- Total premium revenue $39.4M (+1% YoY); renewal premiums $36M (+2%).
- Claims & surrenders down 7% YoY; death claims down 22% ($1.9M).
- Book value $3.91 per share; total assets $1.7B, no debt.
- Home Service Insurance segment premium up 4% YoY; average policy face value up 44%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/24090/000002409022000039/0000024090-22-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/24090/000002409022000039/cia-20220505.htm
  HTML page:      https://secwatch.observer/filing/0000024090-22-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer