Globe Life GL Health — Amortization of acquisition costs

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FAQ

What is Globe Life's health — amortization of acquisition costs?

Globe Life (GL) reported health — amortization of acquisition costs of $15.59M in Q1 2026.

How has Globe Life's health — amortization of acquisition costs changed year-over-year?

Globe Life's health — amortization of acquisition costs increased by 7.4% year-over-year, from $14.52M to $15.59M.

What is the long-term trend for Globe Life's health — amortization of acquisition costs?

Over 3 years (2022 to 2025), Globe Life's health — amortization of acquisition costs has grown at a 7.5% compound annual growth rate (CAGR), from $48.19M to $59.9M.

What does health — amortization of acquisition costs mean?

The systematic expensing of deferred acquisition costs (DAC) related to the health insurance segment over the life of the policies. This reflects the recognition of costs incurred to acquire new business, such as underwriting and policy issuance expenses.