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Globe Life GL Investment — Amortization of acquisition costs
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Where this comes from
Reported directly by Globe Life in its filing.
Tagged under the XBRL concept gl:DeferredPolicyAcquisitionCostsAmortizationExpenseAdjusted.
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 item | Life | Health | Investment | Consolidated |
|---|---|---|---|---|
| Expenses: | ||||
| Policy obligations(1) | 518,850 | 263,734 | 5,546 | 788,130 |
| Required interest on reserves | (216,538) | (28,882) | 247,624 | 2,204 |
| Amortization of acquisition costs | 102,694 | 15,588 | — | 118,282 |
| Commissions | 43,547 | 47,445 | — | 90,992 |
| Premium taxes | 17,773 | 8,223 | — | 25,996 |
| Non-deferred acquisition costs | 37,821 | 16,296 | — | 54,117 |
| Segment profit or (loss) | $349,058 | $94,504 | $36,654 | 480,216 |
Item 1. Condensed Consolidated Financial Statements
FAQ
- What is Globe Life's investment — amortization of acquisition costs?
- Globe Life (GL) reported investment — amortization of acquisition costs of $0 in Q1 2026.
- What does investment — amortization of acquisition costs mean?
- The systematic expensing of costs incurred to acquire new insurance contracts, such as commissions and underwriting expenses, over the life of the policies. This reflects the matching principle of accounting for long-term insurance products.
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