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Globe Life GL Life insurance — Policy claims and other benefits payable

Other product segments

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$5.66B+3.1%
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$3.49B
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$2.77B-2.0%
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$1.76B+6.1%
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$68.69M-23.4%

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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
Policy claims and other benefits payable:
Life insurance$311,928$315,595
Health insurance236,600225,237
Total$548,528$540,832

Item 1. Condensed Consolidated Financial Statements

FAQ

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?
This represents the total liability recorded on the balance sheet for claims that have been reported but not yet paid, as well as estimates for claims incurred but not reported (IBNR). It reflects the company's obligation to settle future payments to policyholders.

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