Globe Life GL Deferred Policy Acquisition Costs, Amortization Expense

Deferred Policy Acquisition Costs, Amortization Expense at other companies

AflacAFL

$218M-1.4%

CitizensCIA

$5.02M+8.8%

Prudential FinancialPRU

$430M+5.7%

PrimericaPRI

$85.13M+6.4%

UnumUNM

$135.4M+2.4%

FAQ

What is Globe Life's deferred policy acquisition costs, amortization expense?

Globe Life (GL) reported deferred policy acquisition costs, amortization expense of $120.54M in Q2 2026.

How has Globe Life's deferred policy acquisition costs, amortization expense changed year-over-year?

Globe Life's deferred policy acquisition costs, amortization expense increased by 8.2% year-over-year, from $111.4M to $120.54M.

What is the long-term trend for Globe Life's deferred policy acquisition costs, amortization expense?

Over 4 years (2021 to 2025), Globe Life's deferred policy acquisition costs, amortization expense has grown at a -4.2% compound annual growth rate (CAGR), from $532.01M to $447.76M.

What does deferred policy acquisition costs, amortization expense mean?

Amortization of deferred acquisition costs represents the systematic expensing of costs incurred to acquire new insurance policies, such as commissions and underwriting expenses. These costs are initially capitalized and then amortized over the expected life of the policy. This metric reflects the long-term cost of customer acquisition and the timing of profit recognition.