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Globe Life GL American Income — Other adjustments
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Where this comes from
Reported directly by Globe Life in its filing.
Tagged under the XBRL concept gl:LiabilityForFuturePolicyBenefitEffectOfOtherAdjustments.
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 — other adjustments?
- Globe Life (GL) reported american income — other adjustments of $851K in Q1 2026.
- How has Globe Life's american income — other adjustments changed year-over-year?
- Globe Life's american income — other adjustments decreased by 7.8% year-over-year, from $923K to $851K.
- What is the long-term trend for Globe Life's american income — other adjustments?
- Over 2 years (2023 to 2025), Globe Life's american income — other adjustments has grown at a -1.9% compound annual growth rate (CAGR), from $3.76M to $3.62M.
- What does american income — other adjustments mean?
- This metric captures miscellaneous adjustments to the American Income segment's liability valuations that do not fall into standard categories like discount rate changes or cash flow updates. It may include model refinements, corrections, or specific accounting reclassifications. It serves as a catch-all to ensure the total liability balance reconciles with the financial statements.
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