Primerica Intends To Exit Senior Health Business By Relinquishing Ownership Of E-TeleQuote Insurance
Primerica Intends To Exit Senior Health Business By Relinquishing Ownership Of E-TeleQuote Insurance
Primerica, Inc. (NYSE:PRI) announced today that after carefully considering various options, the Board of Directors has opted to exit its senior health business by relinquishing ownership of e-TeleQuote Insurance, Inc. (e-TeleQuote). The senior health subsidiary, acquired in July 2021, does not have a clear path toward anticipated profitability within an acceptable timeframe in the increasingly challenging senior health distribution market. Further, the industry is facing an uncertain regulatory environment that could adversely impact the business.
Primerica, Inc.（紐約證券交易所代碼：PRI）今天宣佈，在仔細考慮了各種選擇之後，董事會選擇通過放棄電子電話報價保險公司（e-TeleQuote）的所有權來退出其高級健康業務。這家於2021年7月收購的高級健康子公司在日益嚴峻的老年健康分銷市場中沒有明確的在可接受的時間範圍內實現預期盈利的途徑。此外，該行業正面臨着不確定的監管環境，這可能會對業務產生不利影響。
The Board and management recognize that there remains significant demand for senior healthcare due to the aging of the U.S. population and continues to believe that Primerica's unique ability to reach middle-income families through its independent sales force is a clear competitive advantage. However, Primerica's ownership of a senior health business has not created the near-term stockholder value that had been anticipated at the time of the acquisition of e-TeleQuote.
董事會和管理層認識到，由於美國人口老齡化，對老年醫療保健的需求仍然很大，並繼續認爲，Primerica通過其獨立銷售隊伍接觸中等收入家庭的獨特能力是一種明顯的競爭優勢。但是，Primerica對一家老年健康企業的所有權並未創造收購e-TeleQuote時預期的短期股東價值。