Globe Life GL Annuity — Commissions, premium taxes, and non-deferred acquisition costs

Similar metrics at other companies

PRUIndividual Annuities — Other Operating Expenses

$452.75M+2.3%

AFGAnnuity — Other operating expenses

$55M+9.5%

AFGAnnuity — Deferred policy acquisition costs

$287M-58.8%

PRUIndividual Annuities — Benefits, Claims, Losses and Settlement Expenses

$140.25M-15.5%

PRUAnnuities — Amortization of deferred policy acquisition costs

$58M-4.9%

PRUIndividual Annuities — Deferred Policy Acquisition Costs

$3.63B-22.6%

Questions, answered.

What is Globe Life's annuity — commissions, premium taxes, and non-deferred acquisition costs?

Globe Life (GL) reported annuity — commissions, premium taxes, and non-deferred acquisition costs of $4K in Q3 2024.

How has Globe Life's annuity — commissions, premium taxes, and non-deferred acquisition costs changed year-over-year?

Globe Life's annuity — commissions, premium taxes, and non-deferred acquisition costs decreased by 0.0% year-over-year, from $4K to $4K.

What is the long-term trend for Globe Life's annuity — commissions, premium taxes, and non-deferred acquisition costs?

Over 2 years (2021 to 2023), Globe Life's annuity — commissions, premium taxes, and non-deferred acquisition costs has grown at a -20.7% compound annual growth rate (CAGR), from $27K to $17K.

What does annuity — commissions, premium taxes, and non-deferred acquisition costs mean?

The immediate costs of selling and taxing annuity products that are not deferred.

How do you interpret annuity — commissions, premium taxes, and non-deferred acquisition costs?

Lower costs relative to premiums indicate higher operational efficiency in the sales and distribution process.

How does annuity — commissions, premium taxes, and non-deferred acquisition costs compare across companies?

Commonly reported as 'Underwriting Expenses' or 'Selling, General, and Administrative Expenses' in insurance segments.