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Globe Life GL Life — Liability for Future Policy Benefit, after Reinsurance

Other segment segments

Health
$2.43B+2.9%
Investment
$0

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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:LiabilityForFuturePolicyBenefitAfterReinsurance.

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 — liability for future policy benefit, after reinsurance?
Globe Life (GL) reported life — liability for future policy benefit, after reinsurance of $15.02B in Q1 2026.
How has Globe Life's life — liability for future policy benefit, after reinsurance changed year-over-year?
Globe Life's life — liability for future policy benefit, after reinsurance increased by 1.2% year-over-year, from $14.84B to $15.02B.
What is the long-term trend for Globe Life's life — liability for future policy benefit, after reinsurance?
Over 3 years (2022 to 2025), Globe Life's life — liability for future policy benefit, after reinsurance has grown at a 0.4% compound annual growth rate (CAGR), from $59.53B to $60.32B.
What does life — liability for future policy benefit, after reinsurance mean?
The net amount the company expects to pay out for future life insurance claims after accounting for reinsurance.
How do you interpret life — liability for future policy benefit, after reinsurance?
An increase may indicate a growing book of business or changes in actuarial assumptions, while a decrease could signal reduced risk exposure or successful reinsurance strategies.
How does life — liability for future policy benefit, after reinsurance compare across companies?
Commonly reported as 'Net Policy Reserves' or 'Future Policy Benefits' by life insurance peers.