EXHIBIT 12.1
PRIMERICA, INC. AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
Years Ended December 31,
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
| (In thousands) | ||||||||||||||||||||
| Fixed charges: |
||||||||||||||||||||
| Interest expense |
$ | 20,872 | $ | — | $ | — | $ | — | $ | — | ||||||||||
| Interest on investment–type contracts |
10,180 | 12,998 | 14,683 | 14,923 | 15,122 | |||||||||||||||
| Total fixed charges |
$ | 31,052 | $ | 12,998 | $ | 14,683 | $ | 14,923 | $ | 15,122 | ||||||||||
| Income before income taxes |
$ | 399,143 | $ | 759,955 | $ | 353,036 | $ | 913,172 | $ | 878,196 | ||||||||||
| Add back: |
||||||||||||||||||||
| Total fixed charges |
31,052 | 12,998 | 14,683 | 14,923 | 15,122 | |||||||||||||||
| Total income before income taxes and fixed charges |
$ | 430,195 | $ | 772,953 | $ | 367,719 | $ | 928,095 | $ | 893,318 | ||||||||||
| Ratio of earnings to fixed charges |
13.9x | 59.5x | 25.0x | 62.2x | 59.1x | |||||||||||||||