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Globe Life GL Life insurance — Policyholder Benefits and Claims Incurred, Net

Other product segments

Other
$7.08M

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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:PolicyholderBenefitsAndClaimsIncurredNet.

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 itemThree Months Ended March 31, 20262025
Other income1,16069
Total revenue1,559,6191,480,422
Benefits and expenses:
Life policyholder benefits(1)518,850509,756
Health policyholder benefits(2)263,734233,929
Other policyholder benefits7,0007,080
Total policyholder benefits789,584750,765
Amortization of deferred acquisition costs118,282105,515

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Globe Life's life insurance — policyholder benefits and claims incurred, net?
Globe Life (GL) reported life insurance — policyholder benefits and claims incurred, net of $518.85M in Q1 2026.
How has Globe Life's life insurance — policyholder benefits and claims incurred, net changed year-over-year?
Globe Life's life insurance — policyholder benefits and claims incurred, net increased by 1.8% year-over-year, from $509.76M to $518.85M.
What is the long-term trend for Globe Life's life insurance — policyholder benefits and claims incurred, net?
Over 3 years (2022 to 2025), Globe Life's life insurance — policyholder benefits and claims incurred, net has grown at a -1.8% compound annual growth rate (CAGR), from $2.04B to $1.92B.
What does life insurance — policyholder benefits and claims incurred, net mean?
This metric measures the total costs associated with insurance claims and policyholder benefits, net of reinsurance recoveries. It serves as a primary indicator of the underwriting performance and the accuracy of actuarial assumptions regarding mortality and morbidity.

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