Globe Life GL Health — Policyholder Benefits and Claims Incurred, Net
Discontinued — last reported Q3 '24
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Where this comes from
Reported directly by Globe Life in its filing.
Tagged under the XBRL concept us-gaap:PolicyholderBenefitsAndClaimsIncurredNet.
The official record: Globe Life’s 10-Q, filed November 6, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Globe Life's health — policyholder benefits and claims incurred, net?
- Globe Life (GL) reported health — policyholder benefits and claims incurred, net of $221.93M in Q3 2024.
- How has Globe Life's health — policyholder benefits and claims incurred, net changed year-over-year?
- Globe Life's health — policyholder benefits and claims incurred, net increased by 14.5% year-over-year, from $193.79M to $221.93M.
- What is the long-term trend for Globe Life's health — policyholder benefits and claims incurred, net?
- Over 2 years (2021 to 2023), Globe Life's health — policyholder benefits and claims incurred, net has grown at a 3.7% compound annual growth rate (CAGR), from $721.31M to $776.36M.
- What does health — policyholder benefits and claims incurred, net mean?
- The net cost of all insurance claims and benefits paid out to policyholders.
- How do you interpret health — policyholder benefits and claims incurred, net?
- An increase may indicate higher claim frequency or severity, while a decrease suggests favorable underwriting experience or lower claim activity.
- How does health — policyholder benefits and claims incurred, net compare across companies?
- Commonly referred to as 'Benefits Incurred' or 'Claims Expense' in peer insurance financial statements.