Globe Life GL Annuity — Deferred Policy Acquisition Cost Amortization Expense

Similar metrics at other companies

APOIndexed Annuities — Deferred Policy Acquisition Costs, Amortization Expense

$84M+44.8%

AMPVariable Annuity — Amortization of deferred acquisition costs

$27M-3.6%

FNFIndexed annuities — Deferred Policy Acquisition Costs, Amortization Expense

$54M+20.0%

AFGAnnuity Longterm Careand Life — Deferred Policy Acquisition Costs Amortization Expense Periodic Amortization

$25M-13.8%

AFGAnnuity — Amortization of deferred policy acquisition costs

$61.75M+24.7%

APOTraditional Deferred Annuities — Deferred Policy Acquisition Costs, Amortization Expense

$105M+29.6%

Questions, answered.

What is Globe Life's annuity — deferred policy acquisition cost amortization expense?

Globe Life (GL) reported annuity — deferred policy acquisition cost amortization expense of $388K in Q3 2024.

How has Globe Life's annuity — deferred policy acquisition cost amortization expense changed year-over-year?

Globe Life's annuity — deferred policy acquisition cost amortization expense decreased by 7.2% year-over-year, from $418K to $388K.

What does annuity — deferred policy acquisition cost amortization expense mean?

The annual expense recognized from spreading out the cost of acquiring annuity policies.

How do you interpret annuity — deferred policy acquisition cost amortization expense?

Changes reflect the aging of the policy block and the underlying profitability assumptions of the annuity portfolio.

How does annuity — deferred policy acquisition cost amortization expense compare across companies?

Standard metric across the insurance industry for companies using GAAP accounting for DAC.