Welcome to our dedicated page for Citizens news (Ticker: CIA), a resource for investors and traders seeking the latest updates and insights on Citizens stock.
Citizens, Inc. (NYSE: CIA) maintains this dedicated news hub for tracking official corporate developments in the life insurance sector. Investors and industry observers will find verified press releases, regulatory filings, and strategic updates from the multinational insurer.
Our curated collection features essential announcements including quarterly earnings results, product portfolio expansions, and leadership changes. Stay informed about CIA’s initiatives in underserved markets, U.S. dollar-denominated policy developments, and operational updates from both domestic and international segments.
This resource serves financial professionals requiring timely access to primary source information for market analysis. Content is organized chronologically with clear dating for efficient tracking of corporate milestones. Bookmark this page for direct access to Citizens’ latest financial communications without third-party commentary.
Citizens, Inc. (NYSE: CIA) reported a net loss of $6.6 million ($0.13 per diluted share) for 2022, a stark contrast to a net gain of $36.8 million in 2021. Excluding one-time items, operating income increased by $8.3 million, driven by higher net investment income and reduced claims. Despite challenges, the company issued eight new products, leading to a 64% growth in total life insurance issued. However, total premium revenue decreased by less than 1%. Notably, first-year premiums rose by 14% in Q4 2022, impacted by strong sales from new products. Book value per share decreased to $0.02, down from $6.41 a year ago.
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