Globe Life (LTS:0Q1Q) Policy Acquisition Expense : €358 Mil (As of Dec. 2023)

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What is Globe Life Policy Acquisition Expense?

Policy acquisition expense is the expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc. Globe Life's policy acquisition expense for the three months ended in Dec. 2023 was €89 Mil. Its policy acquisition expense for the trailing twelve months (TTM) ended in Dec. 2023 was €358 Mil.

Globe Life Policy Acquisition Expense Historical Data

The historical data trend for Globe Life's Policy Acquisition Expense 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.

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Globe Life Policy Acquisition Expense Chart

Globe Life Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Policy Acquisition Expense

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496.55

473.28

281.09

329.29

348.19

Globe Life Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Policy Acquisition Expense	Get a 7-Day Free Trial															86.23	86.84	89.72	89.45	91.52

Globe Life Policy Acquisition Expense Calculation

Expenses incurred by insurance companies in activities such as marketing, advertising, commissions etc.

Policy Acquisition Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €358 Mil.

Globe Life (LTS:0Q1Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Globe Life Inc (LTS:0Q1Q) » Definitions » Policy Acquisition Expense

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GL:USA

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.

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