Citizens, Inc. Reports Third Quarter 2026 Financial Results

Jon Stenberg, President and Chief Executive Officer of Citizens, Inc.

“Premium growth, distribution expansion, and cash generation all continued to strengthen. Our third-quarter results show the continued momentum of our domestic insurance business. Overall direct premiums grew 7% to $50 million, led by a 9% increase in direct first year premiums, as our final expense sales and expanding domestic distribution continued to build our in-force block”

Jon Stenberg, President and Chief Executive Officer of Citizens, Inc.

“That growth also drove higher future policy benefit reserves this quarter. The comparison with last year was tougher because the third quarter of 2025 benefited from substantial reserve releases tied to matured endowment payments. We're pleased with where premium growth is headed and expect endowment maturities to become a smaller factor over time.”

Jon Stenberg, President and Chief Executive Officer of Citizens, Inc.

“Our announcement to invest in a modern technology ecosystem is an important step in Citizens' long-term growth strategy. By moving to third-party, cloud-based platforms, we are strengthening our insurance processing, underwriting, and policy administration capabilities. We are also building the foundation to grow premium revenue through expanded products, markets and distribution. We believe these opportunities are significant, and our targeted investments are designed to accelerate premium growth, increase adjusted book value per share and deliver long-term value for our policyholders and shareholders”