Skip to content
Screener

Globe Life GL Health — Liability for Future Policy Benefit, after Reinsurance

Other segment segments

Life
$15.02B+1.2%
Investment
$0

Similar metrics at other companies

Equitable Holdings logo
EQHHealth — Liability for Future Policy Benefit, after Reinsurance
$280M-4.1%
Horace Mann Educators logo
HMNSupplemental health — Liability for Future Policy Benefit, after Reinsurance
$183.2M-7.8%
CNO Financial Group logo
CNOSupplemental health — Liability for Future Policy Benefit, after Reinsurance
$3.35B+2.8%
Horace Mann Educators logo
HMNDisability — Liability for Future Policy Benefit, after Reinsurance
$21.2M-2.8%
Aflac logo
AFLDisability — Liability for Future Policy Benefit, after Reinsurance
$627M-8.6%
Ameriprise Financial logo
AMPDisability Income Insurance — Liability for Future Policy Benefit, after Reinsurance
$432M-8.1%

Other financials

Income statement

See full
Revenue$1.6B+8.0%
Net income$287.7M+13.8%
EPS (diluted)$3.65+19.7%

Balance sheet

See full
Cash & equivalents$255.2M+9.9%
Total debt$3.2B-1.3%
Total equity$6.1B+12.1%
Total assets$31.0B+4.2%

Cash flow

See full
Operating cash flow$420.9M-2.5%
CapEx$24.9M+112%
Free cash flow$396.0M-5.7%

Valuation

See full
Market cap$14.28B+22.5%
Enterprise value$17.26B-0.8%
P/E11.8×+0.8×
P/S2.3×+0.3×

Profitability

See full
Net margin19.6%+1.5pp
FCF margin20.2%-3.9pp

Returns & leverage

See full
Return on equity20.5%0.0pp
Debt / equity0.5×-0.1×

Where this comes from

Reported directly by Globe Life in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitAfterReinsurance.

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 itemHealth / United AmericanHealth / Family HeritageHealth / Liberty NationalHealth / American IncomeHealth / Direct to ConsumerHealth / Total
Net liability for future policy benefits at original discount rates1,8571,980,373428,053135,645(11,808)2,534,120
Effect of changes in discount rate assumptions(8,782)(225,029)14,1077,590(182)(212,296)
Other adjustments(1)77,59069415,57764712,553107,061
Net liability for future policy benefits, after other adjustments, at current discount rates70,6651,756,038457,737143,8825632,428,885
Reinsurance recoverable(1,976)(674)(2,650)
Net liability for future policy benefits, after reinsurance recoverable, at current discount rates$68,689$1,756,038$457,063$143,882$563$2,426,235

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's health — liability for future policy benefit, after reinsurance?
Globe Life (GL) reported health — liability for future policy benefit, after reinsurance of $2.43B in Q1 2026.
How has Globe Life's health — liability for future policy benefit, after reinsurance changed year-over-year?
Globe Life's health — liability for future policy benefit, after reinsurance increased by 2.9% year-over-year, from $2.36B to $2.43B.
What is the long-term trend for Globe Life's health — liability for future policy benefit, after reinsurance?
Over 3 years (2022 to 2025), Globe Life's health — liability for future policy benefit, after reinsurance has grown at a 1.5% compound annual growth rate (CAGR), from $9.23B to $9.66B.
What does health — liability for future policy benefit, after reinsurance mean?
This represents the net financial obligation an insurer holds for future policy benefits within the health segment after accounting for reinsurance recoveries. It reflects the actuarial estimate of the present value of future benefit payments minus the present value of future net premiums, adjusted for reinsurance agreements. This metric is critical for assessing the long-term solvency and risk exposure of the health insurance portfolio.

Ask your AI about Globe Life's health — liability for future policy benefit, after reinsurance.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude