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 Inc. (NYSE: GL) reported Q3 2022 net income of $1.90 per diluted share, up from $1.84 in the previous year. Net operating income also rose to $2.15 per share, compared to $1.78 a year ago, reflecting a strong 21% increase. Life and health premiums grew by 6% and 7% respectively. The company repurchased 563,574 shares for $56 million. Notably, COVID-19 life claims significantly decreased to $44 million year-to-date, down from $82 million last year. With projected net operating income for 2022 between $8.00 and $8.20, Globe Life appears well-positioned for future growth.
Globe Life Inc. (GL) will announce its Third Quarter 2022 earnings post-market on October 26, 2022. The earnings press release and financial details will be accessible via their website. A live conference call is scheduled for October 27, 2022, at 11:00 AM ET. Investors can listen online or via phone at 1-786-697-3501 (Passcode: Globe Life Inc.). Globe Life specializes in life and supplemental health insurance targeting middle-income Americans, using various distribution channels.
Globe Life Inc. (NYSE: GL) has declared a quarterly dividend of $.2075 per share, payable to shareholders of record as of October 7, 2022. The payment date is set for November 1, 2022. The company specializes in life and supplemental health insurance for middle-income Americans, utilizing various distribution channels including direct to consumer and agencies.
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (ICR) of “a+” (Excellent) for Globe Life Inc.'s key life/health subsidiaries. The outlook on these ratings is stable. Globe Life's strong balance sheet and operating performance, along with its favorable business profile and enterprise risk management, underpin these ratings. Although there was a temporary decline in statutory earnings due to increased COVID-related mortality claims, a decrease in these claims in 2022 has led to a rebound in earnings.
Globe Life reported Q2 2022 net income of $1.79 per diluted share, down from $1.92 a year ago, while net operating income rose to $2.07 per share from $1.85. Life premiums increased by 8% at American Income Life and 5% at Liberty National. Total health premiums also grew by 8%. The company repurchased 1.4 million shares during the quarter. COVID-19 life claims were not significant, with an expected total of $62 million for the year. Net income ROE for the first half of 2022 was 9.8%. Earnings guidance for 2022 is set between $7.90 and $8.30 per share.
Globe Life Inc. (NYSE: GL) will announce its Second Quarter 2022 earnings on July 27, 2022, after market close. The earnings press release and financial details will be accessible on the company's website. A live conference call to discuss these results is scheduled for July 28, 2022, at 12:00 PM Eastern. Globe Life focuses on providing life and supplemental health insurance to middle-income Americans through various distribution channels.
Globe Life Inc. (NYSE: GL) will announce its Second Quarter 2022 earnings on July 27, 2022, after market close. The financial report will be accessible on their website. A live conference call is scheduled for July 28, 2022, at 12:00 PM Eastern, where key metrics and insights regarding the quarter will be discussed. Investors can listen to the call online or dial in using 1-323-701-0223 with the passcode 114714. This earnings release will shed light on the company's performance targeting middle-income Americans.
On June 20, 2022, Globe Life Liberty National Division announced they raised $66,036 for Lend a Hand Bahamas through their inaugural Make Tomorrow Better Award competition. The initiative engaged Agency Owners to generate donations, culminating in a presentation on June 3 during the annual Convention in Nassau. The Angela Hanson Agencies, based in Alabama and Georgia, secured victory by raising $12,145. The funds will support a community center in Nassau with various facilities, including a STEM Lab and Culinary Training Kitchen.
On May 17, 2022, Globe Life Inc. (NYSE: GL) declared a quarterly dividend of $0.2075 per share to shareholders of record as of July 5, 2022. The dividend payment is scheduled for August 1, 2022. Globe Life specializes in life and supplemental health insurance for middle-income Americans, utilizing various distribution channels including direct-to-consumer and agency sales.
Globe Life Inc. (NYSE: GL) will host its 2022 Annual Meeting of Shareholders on April 28, 2022, at 11 AM Eastern Time. Shareholders can participate via a live webcast accessible online. For those unable to attend, the meeting will be archived for later viewing. Globe Life specializes in life and supplemental health insurance for middle-income Americans, utilizing various distribution channels such as direct sales and agency networks.
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