Welcome to our dedicated page for Globe Life news (Ticker: GL), a resource for investors and traders seeking the latest updates and insights on Globe Life stock.
Globe Life Inc (NYSE: GL) provides life insurance, supplemental health coverage, and annuity solutions through its multi-channel distribution network. This news hub offers investors and stakeholders direct access to the company's official communications and material developments.
Track all essential updates in one location, including quarterly earnings disclosures, regulatory filings, product innovations, and leadership announcements. Our curated feed ensures timely access to press releases detailing strategic initiatives, dividend declarations, and operational milestones relevant to the insurance sector.
Key focus areas include updates on underwriting practices, capital management strategies, and market expansion efforts. Bookmark this page for efficient monitoring of GL's financial position and industry leadership in middle-income market protection solutions.
Globe Life reported strong Q1 2025 financial results, with net income reaching $3.01 per diluted share, up from $2.67 in the year-ago quarter. Net operating income rose to $3.07 per share, exceeding management's expectations.
Key highlights include:
- Net income ROE of 19.0%
- 13% increase in net income per share
- 10% increase in net operating income per share
- 6% growth in American Income Life Division premiums
- 9% increase in life underwriting margin
The company's insurance operations showed solid performance, with life insurance accounting for 80% of underwriting margin and 69% of premium revenue. Health insurance contributed 20% of underwriting margin and 31% of premium revenue. Total premium revenue increased by 5% to $1.2 billion. During the quarter, Globe Life repurchased 1.5 million shares at a total cost of $177 million.
Globe Life Inc. (NYSE: GL) has scheduled its First Quarter 2025 earnings announcement for Wednesday, April 30, 2025, after market close. The company will release its financial results and additional quarterly statistical information on its investor relations website.
A live conference call is scheduled for Thursday, May 1, 2025, at 12:00pm Eastern (11:00am Central), accessible via phone at 1-786-697-3501 (passcode: Globe Life Inc.) or through the company's investor website. The call recording will be available for replay through the same online platform.
Globe Life operates as a holding company focused on providing life and supplemental health insurance products to the middle-income market through multiple distribution channels, including direct-to-consumer and agency networks.
Globe Life Inc. (NYSE: GL) has announced its Board of Directors' declaration of a quarterly dividend of $0.2700 per share. The dividend will be distributed to shareholders of record as of July 3, 2025, with the payment scheduled for August 1, 2025.
The company operates as a holding company focused on providing life and supplemental health insurance products to the middle-income market segment. Their distribution strategy encompasses multiple channels, including direct-to-consumer sales and exclusive and independent agency networks.
Globe Life Inc. (NYSE: GL) has announced its 2025 Annual Meeting of Shareholders will be held virtually on Thursday, April 24, 2025 at 10:00am Central via live audio webcast. Shareholders can register for the meeting at proxypush.com/GL using the control number from their proxy card, while guests may also register to attend and listen.
Attendees will receive a confirmation email upon registration and a unique access link approximately one hour before the meeting starts. The meeting will be conducted following the company's Shareholders' Rights Policy and Robert's Rules of Order. Globe Life operates as a holding company focused on providing life and supplemental health insurance products to the middle-income market through multiple distribution channels.
Globe Life (NYSE: GL) has scheduled its First Quarter 2025 earnings release for Wednesday, April 30, 2025, after market close. The company will host a live conference call to discuss the results on Thursday, May 1, 2025, at 12:00pm Eastern (11:00am Central).
Financial results and statistical information will be made available on the company's investor relations website. Interested parties can access the conference call at 1-786-697-3501 (passcode: Globe Life Inc.) or online through the investor relations portal.
Globe Life operates as a holding company focused on providing life and supplemental health insurance products to the middle-income market through multiple distribution channels, including direct-to-consumer and agency networks.
Globe Life (NYSE: GL) has announced a quarterly dividend increase to $0.2700 per share, payable on May 1, 2025, to shareholders of record as of April 3, 2025. Additionally, the company has strengthened its Board of Directors with two new appointments:
- Matthew J. Adams, former Senior Partner and U.S. Insurance Practice Leader at PricewaterhouseCoopers LLP, brings over 30 years of insurance industry expertise
- Philip M. Jacobs, former Principal and U.S. Insurance Tax Sector Leader at KPMG US, contributes 35+ years of financial services experience
Globe Life Inc. (NYSE: GL) has announced a $2 million pledge to the National Medal of Honor Museum Foundation ahead of the museum's grand opening in Arlington, Texas, in March 2025. As part of this founding donation, the stage at the Museum's Neel Kearby Theater will bear Globe Life's name.
The museum will feature over 100,000 square feet of space, including 31,000 square feet dedicated to Exhibition Galleries showcasing Medal of Honor history and recipients' stories. The donation was presented by Globe Life Executive Vice President Jennifer Haworth to NMOHMF leadership at the construction site.
Globe Life, with more than 17 million policies in force, maintains its position as the life insurance company with the most policyholders and issued policies in the country. The company operates through multiple subsidiary companies and employs over 15,000 insurance agents and 3,000 corporate employees.
Globe Life Inc. (NYSE: GL) reported strong financial results for Q4 2024, with net income of $3.01 per diluted share compared to $2.88 in Q4 2023. Net operating income reached $3.14 per diluted share, up from $2.80 year-over-year.
Key highlights include: net income ROE of 21.7% for 2024, life insurance net sales growth of 11%, and health insurance net sales increase of 6% in Q4. The American Income Life Division showed particularly strong performance with a 22% increase in life net sales and 7% growth in life premium. The company's insurance underwriting margin improved, with life insurance accounting for 79% of the total margin.
Notable operational metrics include a 4% growth in net investment income, and increased agent counts across divisions. The company repurchased 337,821 shares during Q4 at an average price of $105.37. For 2025, Globe Life projects net operating income between $13.45 to $14.05 per diluted share.
Globe Life (NYSE: GL) has announced plans to relocate its corporate headquarters within McKinney, Texas. The company will acquire a 200,000-square-foot, six-story Class AA office building at 7677 Henneman Way, along with approximately 9.3 acres of adjacent developable land for future growth.
The modern facility, built in 2022, features dedicated parking, a fitness center, food and beverage centers, and a conference center accommodating up to 350 people. The building offers prominent visibility along Sam Rayburn Tollway, which sees over 109,000 vehicles daily.
The relocation will maintain over 2,000 jobs in McKinney, with plans for workforce expansion to support Globe Life's growing policyholder base. The location provides access to numerous local amenities, including seven hotels, 79 restaurants, and 76 retail establishments within three miles.
Globe Life Inc. (NYSE: GL) has scheduled its Fourth Quarter 2024 financial results announcement for Wednesday, February 5, 2025, after market close. The company will make available its Q4 2024 earnings press release and related financial information on its investor relations website.
A live conference call is scheduled for Thursday, February 6, 2025, at 11:00am Eastern (10:00am Central). Investors can access the call via phone at 1-786-697-3501 (passcode: Globe Life Inc.) or online through the company's investor relations website.
Globe Life operates as a holding company focused on providing life and supplemental health insurance products to the middle-income market through multiple distribution channels, including direct-to-consumer and agency networks.
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