Primerica Q2 FY2026 Earnings Call
With Glenn Williams (CEO) and Tracy Tan (CFO).
Primerica is a leading provider of financial products and services in North America headquartered in Duluth, GA. Over 2,800 corporate employees support more than 151,000 licensed independent representatives who provide financial education and offer financial products and services to their clients.
More about Primerica
Primerica was founded 49 years ago and is publicly traded on the New York Stock Exchange (NYSE) under the symbol "PRI". Primerica’s focus is on serving the needs of middle-income families by providing products such as term life insurance, mutual funds, annuities, managed investments, and mortgages. In addition to the products and services we offer, Primerica also offers entrepreneurial-minded individuals the opportunity to build their own financial services business. More information about Primerica's Business Opportunity can be found on www.primericabusinessopportunity.com.
1Prepared remarks3 speakers
Thank you, operator. Good morning, everyone. Welcome to Primerica's second quarter earnings call. A copy of our earnings press release issued last night, along with other materials relevant to today's call, are posted on the investor relations section of our website. Joining our call today are our Chief Executive Officer, Glenn Williams, and our Chief Financial Officer, Tracy Tan. Our comments this morning may contain forward-looking statements in accordance with the safe harbor provisions of the Securities…
Thank you, Nicole. Thanks everyone for joining us this morning. Our second quarter results again demonstrate the strength and resilience of Primerica's business model. The balanced and complementary nature of our two key business lines continues to serve us well, with our insurance segment providing stability and consistent earnings while our investments business generated exceptional growth. Each business is an important contributor to cash flow, because they often respond differently to changing economic and…
Thank you, Glenn, good morning, everyone. Our second quarter results reflected another quarter of strong growth in our investment business and stable results in our Term Life insurance business. Our investment business remains the primary driver of earnings growth, while our insurance business continued to provide consistent earnings and predictable cash flow. Combined, these businesses drove return on adjusted equity up 90 basis points year-over-year to 33.1%. Starting with the Term Life segment, operating…