Globe Life GL Annuity Segment — Deferred acquisition costs

Other segment segments

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FAQ

What is Globe Life's annuity segment — deferred acquisition costs?

Globe Life (GL) reported annuity segment — deferred acquisition costs of $0 in Q1 2026.

How has Globe Life's annuity segment — deferred acquisition costs changed year-over-year?

Globe Life's annuity segment — deferred acquisition costs decreased by 100.0% year-over-year, from $1.05M to $0.

What is the long-term trend for Globe Life's annuity segment — deferred acquisition costs?

Over 3 years (2022 to 2025), Globe Life's annuity segment — deferred acquisition costs has grown at a -53.9% compound annual growth rate (CAGR), from $21.25M to $2.08M.

What does annuity segment — deferred acquisition costs mean?

This metric represents the capitalized costs directly associated with the acquisition of new annuity business that are expected to be recovered from future policy revenues. It reflects the deferral of commissions, underwriting costs, and other policy issuance expenses that are amortized over the estimated life of the annuity contracts. This accounting treatment aligns the recognition of acquisition expenses with the period in which the related premium and fee income is earned.