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Globe Life GL Life insurance — Premium, ceded to other companies

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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 gl:CededPremiumsEarnedIncludingRecaptures.

The source filing: Globe Life’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 5:20 PM EST
Fiscal year
FY2025
Accession
0000320335-26-000090

| Life insurance in force | $229,804,503 | $430,278 | $1,734,812 | $231,109,037 | 0.8 | | Premiums(2): | | | | | | | Life insurance | $3,294,163 | $(39,968) | $17,669 | $3,351,800 | 0.5 | | Health insurance | 1,516,215 | 128 | 10,663 | 1,526,750 | 0.7 | | Total premium | $4,810,378 | $(39,840) | $28,332 | $4,878,550 | 0.6 | | For the Year Ended December 31, 2024 | | | | | | | Life insurance in force | $227,975,584 | $671,056 | $1,823,957 | $229,128,485 | 0.8 | | Premiums(2): | | | | | | | Life insurance | $3,235,744 | $4,649 | $17,994 | $3,249,089 | 0.6 | | Health insurance | 1,384,080 | 2,449 | 23,294 | 1,404,925 | 1.7 |

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is Globe Life's life insurance — premium, ceded to other companies?
Globe Life (GL) reported life insurance — premium, ceded to other companies of -$9.99M in Q4 2025.
How has Globe Life's life insurance — premium, ceded to other companies changed year-over-year?
Globe Life's life insurance — premium, ceded to other companies decreased by 959.7% year-over-year, from $1.16M to -$9.99M.
What is the long-term trend for Globe Life's life insurance — premium, ceded to other companies?
Over 2 years (2023 to 2025), Globe Life's life insurance — premium, ceded to other companies has grown at a 194.9% compound annual growth rate (CAGR), from $4.6M to -$39.97M.
What does life insurance — premium, ceded to other companies mean?
This represents the portion of premiums that the company transfers to reinsurers to mitigate risk. It reflects the company's risk management strategy and the cost of transferring potential claim volatility to third parties.

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