Investor Presentaiton
19
High Quality, Conservative Investment Portfolio
Key Metrics
Approximate Effective Duration
4.8 years
Approximate Book Yield
3.12%
Average Rating
Fixed Income
Inv. Grade/Below Inv. Grade Mix
A
~99%
96%/4%
High quality, well diversified portfolio
Manufacture Term Life which has no cash value, and little asset
liability matching compared to firms which sell cash value life
insurance products
Composition of Primerica's $3.2 Billion
Investment Portfolio by Asset Class at end of 2021
Composition of Primerica's $2.6 Billion Fixed Income
Investment Portfolio by Rating at the end of 2021
Below
4.3% Investment
Asset-
Backed
3.5%
CMBS Private Cash Equity
4.5% 6.7%
14.7% 1.2%
Other
1.5%
Mortgage-
Backed
12.0%
Corporate
46.6%
All data as of December 31, 2021
Treasury /
Government
9.1%
BBB
40.8%
AAA
18.7%
A
24.4%
AA
11.8%
Grade / NA
PRIMERICAView entire presentation