Globe Life : Quarter 1 2026 GAAP and Statutory Premium Comparison
GL
Published on 04/22/2026 at 04:44 pm EDT
Period
Company(1!
Company('!
Total
Life Division
Q1 2026
426,031
$ 34,148
$ 460,179
$ 459,200
2025
1,658,994
133,475
1,792,469
1,791,356
2024
1,572,484
125,563
1,698,047
1,698,209
2023
1,472,996
116,264
1,589,260
1,588,702
2022
1,397,097
108,476
1,505,573
1,505,034
2021
1,302,844
100,242
1,403,086
1,401,898
2020
1,167,886
90,029
1,257,915
1,257,726
2019
1,078,332
82,370
1,160,702
1,160,495
2018
1,005,202
76,324
1,081,526
1,081,333
2017
928,391
70,909
Health
999,300
999,279
GAAP Premium
American Income
Collected Premium!*!
Period
Company('!
Company('!
Total
Life Division
Q12026
$ 28,918
$ 2,163
$ 31,081
$ 31,119
2025
116,548
8,600
125,148
124,947
2024
114,760
8,437
123,197
123,123
2023
112,350
8,127
120,477
120,332
2022
109,595
7,160
116,755
117,353
2021
102,457
7,461
109,918
114,742
2020
98,511
7,745
106,256
105,734
2019
92,352
8,127
100,479
99,447
2018
86,657
6,753
93,410
93,313
2017
82,357
6,742
89,099
89,036
American Income Life Insurance Company and National Income Life Insurance Company are statutory insurance subsidiaries of Globe Life Inc. and together represent primarily the American Income Life Division, as reported under GAAP. Globe Life's life insurance subsidiaries are required to file statutory financial statements with state insurance regulatory authorities. Accounting principles used to prepare these statutory financial statements differ from GAAP. For more information, please see Note 2-Statutory Accounting of the Company's Annual Report on Form 10-K.
Collected premium represents collected direct statutory premium, excluding reinsurance. Considering the differences between the GAAP and statutory bases of accounting for earned premiums, collected direct statutory premium, excluding reinsurance, provides for a more complete comparison to GAAP reported premium and demonstrates the close relationship between the two figures. Collected direct statutory premium represents the premium collected on life and health policies during a given year and, as seen above, is comparable to the American Income Life Division's GAAP reported premium. The collected direct statutory premiums are reported on Line 95 of Schedule T of the respective company's Annual Statement.
Disclaimer
Globe Life Inc. published this content on April 22, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 22, 2026 at 20:42 UTC.