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Globe Life GL United American — Interest accrual
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Where this comes from
Reported directly by Globe Life in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitInterestExpense.
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
| Effect of actual variances from expected experience | (27,386) | (15,495) | (8,151) | (3,975) | (834) | (55,841) | ||||||
| Adjusted balance at January 1, 2026 | 5,268,797 | 3,830,153 | 757,813 | 376,107 | 190,438 | 10,423,308 | ||||||
| Issuances(1) | 234,791 | 68,418 | 11,939 | 8,579 | 4,787 | 328,514 | ||||||
| Interest accrual(2) | 62,260 | 40,486 | 9,987 | 4,796 | 2,291 | 119,820 | ||||||
| Benefit payments(3) | (111,620) | (40,156) | (24,471) | (7,418) | (5,020) | (188,685) | ||||||
| Effect of changes in the foreign exchange rate | — | — | — | (37) | — | (37) | ||||||
| Ending balance at original discount rates | 5,454,228 | 3,898,901 | 755,268 | 382,027 | 192,496 | 10,682,920 | ||||||
| Effect of change from original to current discount rates | (37,549) | (325,535) | 14,993 | 6,859 | 2,415 | (338,817) |
Item 1. Condensed Consolidated Financial Statements
FAQ
- What is Globe Life's united american — interest accrual?
- Globe Life (GL) reported united american — interest accrual of $62.26M in Q1 2026.
- How has Globe Life's united american — interest accrual changed year-over-year?
- Globe Life's united american — interest accrual increased by 29.8% year-over-year, from $47.98M to $62.26M.
- What is the long-term trend for Globe Life's united american — interest accrual?
- Over 4 years (2021 to 2025), Globe Life's united american — interest accrual has grown at a 13.9% compound annual growth rate (CAGR), from $125.35M to $210.92M.
- What does united american — interest accrual mean?
- The interest accrued on the liability for future policy benefits, representing the unwinding of the discount on the reserve balance. This reflects the cost of carrying the insurance liability over time.
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