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Globe Life GL Life — 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 life — amortization of acquisition costs?
- Globe Life (GL) reported life — amortization of acquisition costs of $102.69M in Q1 2026.
- How has Globe Life's life — amortization of acquisition costs changed year-over-year?
- Globe Life's life — amortization of acquisition costs increased by 13.3% year-over-year, from $90.63M to $102.69M.
- What is the long-term trend for Globe Life's life — amortization of acquisition costs?
- Over 3 years (2022 to 2025), Globe Life's life — amortization of acquisition costs has grown at a 8.9% compound annual growth rate (CAGR), from $298.84M to $386.45M.
- What does life — amortization of acquisition costs mean?
- The systematic recognition of deferred acquisition costs (DAC) as an expense over the life of the insurance policies. These costs typically include commissions and other direct expenses incurred to acquire new insurance contracts.
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