Primerica (PRI) (NYSE:PRI) is a financial service company that offers middle-income households financial products. These products include life insurance, annuities, mutual funds, and others. The company was a spin-off from Citi, and it has over 100,000 sales representatives, insuring over 4.3 million lives with over 2 million clients with investment accounts. In 2009, it offered life insurance policies with over $80 billion in face value and sold over $3.0 billion in investments and savings products. 
The state of the economy affects the company since it is a financial service firm. For example, in the financial crises during 2008-2009, Dow Jones's, which is used as a benchmark, price decreased. Accordingly, Primerica reported a realized loss in net investment of $22.0 million. 
The company's initial public offering of stock filed on the NYSE and went public on 31 March 2010. The company was priced at $15.00, above the initial offer range of $12.00-$14.00. It offered 21.36 million shares to raise $320 million. 
For FY2009 with year ended 31 December 2009, the company reported $2.22 billion in total revenue, a small increase from $2.196 billion in total revenue for FY2008. Furthermore, the company had $494.6 million in net income for FY2009, up 195% from $167.7 million in net income for FY2008. In 2009, the company's revenue distribution was 68% in net premiums, 16% in net investment income, 15% in commissions and fees, and 2% in other income.