Detail akcie Citizens online

Business Summary: Citizens, Inc. is a diversified financial services company. The Company is providing life, living benefits and final expense insurance and other financial products to individuals and small businesses in the United States, Latin America, and Asia. The Company operates through two segments: Life Insurance, and Home Service Insurance. The Life Insurance segment sells United States dollar-denominated ordinary whole life insurance, endowment, and critical illness policies to non-United States residents, located principally in Latin America and the Pacific Rim, internationally. Also, this segment domestically sells whole life insurance, life insurance with living benefits, critical illness, credit life and disability products throughout the United States. Home Service Insurance segment sells final expense life insurance policies to middle- and lower-income households, as well as whole life products with higher allowable face values, in Louisiana, Mississippi and Arkansas.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Citizens Inc revenues increased 4% to $240.7M. Net income decreased 6% to $24.4M. Revenues reflect Life Insurance segment increase of 6% to $180.4M, Other Non Insurance Enterprises segment increase of 9% to $1M, Ecuador segment increase of 3% to $13.4M, Argentina segment increase of 3% to $9.5M. Net income was offset by Commissions increase of 8% to $39.2M (expense).