Globe Life (Globe Life) Future Policy Benefits : $19,975 Mil (As of Dec. 2023)

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What is Globe Life Future Policy Benefits?

Future Policy Benefits represents an insurance entity's net liability for future benefits (for example, death, cash surrender value) to be paid to or on behalf of policyholders, where the accounting policy describes the bases, methodologies and components of the reserve, and assumptions regarding estimates of expected investment yields, mortality, morbidity, terminations and expenses.

Globe Life's quarterly future policy benefits declined from Jun. 2023 ($19,257 Mil) to Sep. 2023 ($17,721 Mil) but then increased from Sep. 2023 ($17,721 Mil) to Dec. 2023 ($19,975 Mil).

Globe Life's annual future policy benefits increased from Dec. 2021 ($16,448 Mil) to Dec. 2022 ($18,607 Mil) and increased from Dec. 2022 ($18,607 Mil) to Dec. 2023 ($19,975 Mil).

Globe Life Future Policy Benefits Historical Data

The historical data trend for Globe Life's Future Policy Benefits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Globe Life Future Policy Benefits Chart

Globe Life Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Future Policy Benefits

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14,873.54

15,643.04

16,447.67

18,606.70

19,975.23

Globe Life Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Future Policy Benefits	Get a 7-Day Free Trial															19,385.87	19,257.44	17,721.17	19,975.23	-

Globe Life Future Policy Benefits Calculation

Future Policy Benefits

Globe Life (Globe Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Globe Life Inc (NYSE:GL) » Definitions » Future Policy Benefits

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G1LL34:Brazil

Address

3700 South Stonebridge Drive, McKinney, TX, USA, 75070

Website

https://www.globelifeinsurance.com

Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.

Executives

Jennifer Allison Haworth	officer: EVP & Chief Marketing Officer	3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Melissa Jane Buchan	director	1920 MAIN STREET, SUITE 500, IRVINE CA 92614
Dolores L Skarjune	officer: EVP & Chief Admin. Officer	3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Rebecca E Zorn	officer: EVP & Chief Talent Officer	3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Michael Clay Majors	officer: EVP - Investor Rel. & Admin.	UNITED AMERICAN INSURANCE COMPANY, 3700 SOUTH STONEBRIDGE DRIVE, MCKINNEY TX 75070
Frank M Svoboda	officer: EVP & CFO	3340 PECAN HOLLOW CT, GRAPEVINE TX 76051
James Matthew Darden	officer: EVP, Chief Strategy Officer	2904 BELCLAIRE DRIVE, FRISCO TX 75034
Michael Shane Henrie	officer: SVP & Chief Accounting Officer	UNITED AMERICAN INSURANCE COMPANY, 3700 SOUTH STONEBRIDGE DRIVE, MCKINNEY TX 75070
Robert Brian Mitchell	officer: EVP, General Counsel and CRO	3120 HARVEY PKWY, OKLAHOMA CITY OK 73118
Cheryl Alston	director	3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
David A Rodriguez	director	10400 FERNWOOD ROAD, BETHESDA MD 20817
Alice S Cho	director	P.O. BOX 30918, BILLINGS MT 59116-0918
Steven John Dichiaro	other: Exec. Officer of Principal Sub	2152 SEVEN LAKES DR, LOVELAND CO 80538
Gary L Coleman	director, officer: Co-Chairman & CEO
Larry M Hutchison	director, officer: Co-Chaiman & CEO	P O BOX 8080, MCKINNEY TX 75010