other material
confidence medium
sentiment neutral
materiality 0.50
Primerica restates Q4 2022 financial supplement to adopt LDTI accounting standard
Primerica, Inc.
- Restated Q4 2022 supplemental financial data due to adoption of ASU 2018-12 (LDTI) as of Jan 1, 2023.
- Modified retrospective method applied; restated figures from Jan 1, 2021 transition date.
- Data is preliminary and subject to change upon completion of 2023 audit; audited statements expected Feb 2024.
- Non-GAAP measures explained (adjusted direct premiums, operating revenues) with reconciliations provided.
- No current earnings or guidance changes; filing is voluntary to assist comparability after accounting change.