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Globe Life GL Health premium — Policy claims and other benefits payable

Other product segments

American Income
$5.66B+3.1%
Other
$3.49B
Liberty National
$2.77B-2.0%
Family Heritage
$1.76B+6.1%
United American
$68.69M-23.4%

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$599M+8.5%

Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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:LiabilityForClaimsAndClaimsAdjustmentExpense.

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 itemMarch 31,2026December 31,2025
Total incurred243,919850,115
Paid related to:
Current year107,594659,556
Prior years124,764176,028
Total paid232,358835,584
Net balance at end of period235,565224,004
Plus reinsurance recoverables1,0351,233
Balance at end of period$236,600$225,237

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's health premium — policy claims and other benefits payable?
Globe Life (GL) reported health premium — policy claims and other benefits payable of $236.6M in Q1 2026.
How has Globe Life's health premium — policy claims and other benefits payable changed year-over-year?
Globe Life's health premium — policy claims and other benefits payable increased by 6.5% year-over-year, from $222.17M to $236.6M.
What is the long-term trend for Globe Life's health premium — policy claims and other benefits payable?
Over 4 years (2021 to 2025), Globe Life's health premium — policy claims and other benefits payable has grown at a 7.5% compound annual growth rate (CAGR), from $667.78M to $892.48M.
What does health premium — policy claims and other benefits payable mean?
The total estimated liability for claims that have been reported but not yet paid, plus estimates for claims incurred but not reported (IBNR). This represents the company's future obligation to policyholders.

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