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Globe Life GL American Income — Effect of changes in discount rate assumptions
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Where this comes from
Reported directly by Globe Life in its filing.
Tagged under the XBRL concept gl:LiabilityForFuturePolicyBenefitEffectOfChangesInDiscountRateAssumptions.
The source filing: Globe Life’s 10-Q, filed May 7, 2026.
- Filed
- May 7, 2026, 4:32 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000320335-26-000169
| Line item | Life / American Income | Life / DTC | Life / Liberty National | Life / Other | Life / Total |
|---|---|---|---|---|---|
| Net liability for future policy benefits at original discount rates | $4,951,354 | $3,197,663 | $2,302,287 | $3,173,886 | $13,625,190 |
| Effect of changes in discount rate assumptions | 404,498 | 369,962 | 54,874 | 395,823 | 1,225,157 |
| Other adjustments(1) | 224 | 208 | — | 75 | 507 |
| Net liability for future policy benefits, after other adjustments, at current discount rates | 5,356,076 | 3,567,833 | 2,357,161 | 3,569,784 | 14,850,854 |
| Reinsurance recoverable | (186) | — | (7,922) | (14) | (8,122) |
| Net liability for future policy benefits, after reinsurance recoverable, at current discount rates | $5,355,890 | $3,567,833 | $2,349,239 | $3,569,770 | $14,842,732 |
Item 1. Condensed Consolidated Financial Statements
FAQ
- What is Globe Life's american income — effect of changes in discount rate assumptions?
- Globe Life (GL) reported american income — effect of changes in discount rate assumptions of $237.16M in Q1 2026.
- How has Globe Life's american income — effect of changes in discount rate assumptions changed year-over-year?
- Globe Life's american income — effect of changes in discount rate assumptions decreased by 42.7% year-over-year, from $414.17M to $237.16M.
- What is the long-term trend for Globe Life's american income — effect of changes in discount rate assumptions?
- Over 3 years (2022 to 2025), Globe Life's american income — effect of changes in discount rate assumptions has grown at a -28.5% compound annual growth rate (CAGR), from $4.59B to $1.68B.
- What does american income — effect of changes in discount rate assumptions mean?
- This metric quantifies the impact of periodic updates to the discount rate assumptions used in actuarial models for the American Income segment. It reflects management's adjustments to the long-term interest rate environment expectations. This is a critical indicator of how management views the long-term economic outlook for the segment's liabilities.
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