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Globe Life GL Life insurance — 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%

Similar metrics at other companies

Reinsurance Group of America logo
RGALife Insurance Product Line — SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Other Policy Claim and Benefit Payable
$3.01B+11.7%
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RGALife Insurance Product Line — SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Liability for Future Policy Benefit, Loss, Claim and Loss Expense
$30.76B+12.0%
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RGAInsurance, Other — SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Other Policy Claim and Benefit Payable
$0-100%
General Electric logo
GELife — Liability for Future Policy Benefits and Unpaid Claims and Claims Adjustment Expense
$990M-11.4%
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AIZGlobal Lifestyle — Claims and benefits payable, net of reinsurance
$387.5M+3.1%
The Hartford Financial Services Group logo
HIGGroup Insurance Policy — Liability for Claims and Claims Adjustment Expense
$8.12B-0.5%

Other financials

Income statement

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Revenue$1.6B+5.3%
Net income$270.5M+6.3%
EPS (diluted)$3.39+12.6%

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$13.26B-0.4%
Enterprise value$16.24B-0.8%
P/E11.3×-1.2×
P/S2.2×-0.1×

Profitability

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Net margin19.4%+1.0pp
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 official record: Globe Life’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globe Life's life insurance — policy claims and other benefits payable?
Globe Life (GL) reported life insurance — policy claims and other benefits payable of $311.93M in Q1 2026.
How has Globe Life's life insurance — policy claims and other benefits payable changed year-over-year?
Globe Life's life insurance — policy claims and other benefits payable decreased by 3.9% year-over-year, from $324.5M to $311.93M.
What is the long-term trend for Globe Life's life insurance — policy claims and other benefits payable?
Over 4 years (2021 to 2025), Globe Life's life insurance — policy claims and other benefits payable has grown at a 8.1% compound annual growth rate (CAGR), from $920.99M to $1.26B.
What does life insurance — policy claims and other benefits payable mean?
The total estimated amount the company owes for unpaid insurance claims.
How do you interpret life insurance — policy claims and other benefits payable?
A significant increase may signal rising claim frequency or severity, while a decrease could reflect improved claims processing efficiency or lower liability exposure.
How does life insurance — policy claims and other benefits payable compare across companies?
Standard liability line item found in the balance sheets of all insurance companies.