Primerica Company Description
Primerica primarily offers insurance and asset management services in North America. The company, a subsidiary of Citigroup, provides term-only life insurance coverage written by affiliate Primerica Life Insurance to some 4.3 million customers. It also offers debt-reduction advice for its customers. Primerica acts as a distributor for other Citigroup products, including debt consolidation loans from Citibank and mortgage loans from CitiMortgage. The company also sells unaffiliated policies such as annuities from MetLife and mutual fund investments from Legg Mason and AGF. It markets its products through a network of more than 100,000 sales representatives. Citigroup plans to spin off Primerica in an IPO.
View the Comprehensive Company Description for Primerica
The Company Description provides a historical perspective of Primerica's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Primerica's evolution in the marketplace.
