Moody’s changes Primerica to positive

Moody's Investors Service said it affirmed the Baa2 senior debt rating of Primerica, Inc. and the A2 insurance financial strength rating of its primary life insurance operating subsidiary, Primerica Life Insurance Co.

The outlook was changed to positive from stable.

Moody's said the affirmation and positive outlook primarily reflect the company's consistently strong profitability and financial flexibility. The positive outlook also reflects the agency’s expectation that Primerica will continue maintain its solid financial results over the next 12 to 18 months and successfully adapt its business to regulatory developments, such as the DOL's fiduciary rule and Principle-Based Reserving.

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