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PRIMERICA Exhibit 99.1 PRIMERICA REPORTS SECOND QUARTER 2021 RESULTS Investment and Savings Products sales surpass $ 3 billion Demand for protection products remains strong with over 90,000 new term life policies issued Net earnings per diluted share ( EPS ) of $ 3.22 , up 28 % ; return on stockholders ' equity ( ROE ) of 26.3 % Diluted adjusted operating EPS of $ 3.25 , up 33 % ; adjusted net operating income return on adjusted stockholders ' equity ( ROAE ) of 27.8 % July 1 closing of previously announced acquisition of 80 % of the operating subsidiaries of Etelequote Limited Declared dividend of $ 0.47 per share , payable on September 14 , 2021 Duluth , GA , August 5 , 2021 - Primerica , Inc. ( NYSE : PRI ) today announced financial results for the quarter ended June 30 , 2021. Total revenues of $ 654.7 million increased 25 % compared to the second quarter of 2020. Net income of $ 128.2 million increased 26 % , while earnings per diluted share of $ 3.22 increased 28 % compared to the same quarter last year . ROE remained robust at 26.3 % . Adjusted operating revenues , adjusted net operating income and diluted adjusted operating earnings per share are non - GAAP financial measures that exclude the impact of realized gains / losses and the mark - to - market adjustment on the reinsurance deposit asset . Adjusted net operating income and diluted adjusted operating earnings per share also exclude transaction - related expenses associated with the purchase of 80 % of the operating subsidiaries of Etelequote Limited ( " e - TeleQuote " ) . During the second quarter of 2021 , transaction - related expenses were $ 2.1 million . A reconciliation of non - GAAP to GAAP financial measures is included at the end of this release . Adjusted operating revenues were $ 654.2 million , increasing 25 % compared to the second quarter of 2020. Adjusted net operating income of $ 129.4 million increased 31 % , while diluted adjusted operating earnings per share of $ 3.25 increased 33 % compared to the same quarter last year . ROAE was 27.8 % during the second quarter of 2021 and 25.6 % during the second quarter of 2020 . 1