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Globe Life (LTS:0Q1Q) Future Policy Benefits : €17,850 Mil (As of Mar. 2024)


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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 increased from Sep. 2023 (€16,605 Mil) to Dec. 2023 (€18,317 Mil) but then declined from Dec. 2023 (€18,317 Mil) to Mar. 2024 (€17,850 Mil).

Globe Life's annual future policy benefits increased from Dec. 2021 (€14,556 Mil) to Dec. 2022 (€17,565 Mil) and increased from Dec. 2022 (€17,565 Mil) to Dec. 2023 (€18,317 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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,386.18 12,858.58 14,556.19 17,564.72 18,317.28

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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18,106.40 17,774.62 16,604.74 18,317.28 17,849.95

Globe Life Future Policy Benefits Calculation

Future Policy Benefits


Globe Life (LTS:0Q1Q) Business Description

Traded in Other Exchanges
Address
3700 South Stonebridge Drive, McKinney, TX, USA, 75070
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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