Citizens (CIA) risk factors
Item 1A of every Citizens, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors25 risks4 new4 dropped9 reworded
International direct premiums decreased from approximately 67% to 64% of total direct premiums. New risks highlight exposures to mature endowment surrenders, long-duration contract accounting changes, and macroeconomic volatility.
Filed Mar 12, 2026 - FY2024 10-K risk factors25 risks
International policyholders account for approximately 67% of direct insurance premiums as of December 31, 2024, driving primary foreign and regulatory risks. Dependence on a small number of independent consulting and marketing agencies creates major distribution vulnerabilities. A capital maintenance agreement with the Colorado Division of Insurance requires keeping CICA Domestic RBC above 350%.
Filed Mar 13, 2025