Citizens reports fourth quarter and full year 2021 financial results

Q4 2021 net income increased to $38.1 million, compared to $1.5 million in q4 2020; full year net income increased to $36.8 million compared to $11.0 million loss in 2020 q4 2021 renewal premiums increased 4% year-over-year to $44.7 million, driven by growth across life insurance and home service insurance segments q4 2021 total claims and surrenders decreased 17% year-over-year total assets of $1.9 billion at december 31, 2021 with no debt book value per class a share at december 31, 2021 of $6.41 increased 20% and 8%, respectively, from september 30, 2021 and december 31, 2020 austin, texas, march 11, 2022 /prnewswire/ -- citizens, inc. (nyse: cia) today reported financial results for the quarter and year ended december 31, 2021. net income for the fourth quarter of 2021 totaled $38.1 million, or $0.77 per diluted class a share, an improvement compared to $1.5 million, or $0.03 per fully diluted class a share, in the prior-year quarter.
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