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Globe Life GL Liberty National — Deferred Policy Acquisition Costs, Amortization Expense
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Where this comes from
Reported directly by Globe Life in its filing.
Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.
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 | Three Months Ended March 31, 2026 | 2025 |
|---|---|---|
| Health policyholder benefits(2) | 263,734 | 233,929 |
| Other policyholder benefits | 7,000 | 7,080 |
| Total policyholder benefits | 789,584 | 750,765 |
| Amortization of deferred acquisition costs | 118,282 | 105,515 |
| Commissions, premium taxes, and non-deferred acquisition costs | 169,886 | 164,323 |
| Other operating expense | 113,735 | 108,746 |
| Interest expense | 34,000 | 34,992 |
| Total benefits and expenses | 1,225,487 | 1,164,341 |
Item 1. Condensed Consolidated Financial Statements
FAQ
- What is Globe Life's liberty national — deferred policy acquisition costs, amortization expense?
- Globe Life (GL) reported liberty national — deferred policy acquisition costs, amortization expense of $20.3M in Q1 2026.
- How has Globe Life's liberty national — deferred policy acquisition costs, amortization expense changed year-over-year?
- Globe Life's liberty national — deferred policy acquisition costs, amortization expense increased by 7.7% year-over-year, from $18.86M to $20.3M.
- What is the long-term trend for Globe Life's liberty national — deferred policy acquisition costs, amortization expense?
- Over 4 years (2021 to 2025), Globe Life's liberty national — deferred policy acquisition costs, amortization expense has grown at a 8.8% compound annual growth rate (CAGR), from $55.66M to $77.93M.
- What does liberty national — deferred policy acquisition costs, amortization expense mean?
- The periodic expense recognized in the income statement as the capitalized acquisition costs are systematically written off over the life of the insurance contracts. This aligns the cost of acquiring business with the revenue generated from those policies.
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