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 Q4 2021 net income of $1.76 per diluted share, down from $1.93 year-over-year. Net operating income also decreased to $1.70 from $1.74. For the full year, net income rose to $7.22 from $6.82 per share, while net operating income slightly declined to $6.86 from $6.88. Total life premiums grew 8% year-over-year, with the American Income Life Division leading at 11% growth. COVID-19 claims reached approximately $140 million for 2021, influencing projections of elevated claim costs in 2022. The company anticipates net operating income per share between $8.00 to $8.50 for 2022.
Globe Life Inc. (NYSE: GL) is set to release its Fourth Quarter 2021 earnings on February 2, 2022, after market close. Investors can find the earnings press release and financial information on the company's website. A live conference call will follow on February 3, 2022, at 11:00 AM Eastern to discuss the results. Globe Life focuses on life and supplemental health insurance for middle-income Americans, utilizing various distribution channels including direct-to-consumer sales and agency partnerships.
On November 4, 2021, Globe Life Inc. (NYSE: GL) declared a quarterly dividend of $0.1975 per share, payable on February 1, 2022 to shareholders on record by January 7, 2022. The company also appointed two new Board members: Mark A. Blinn, former CEO of Flowserve Corporation, and James P. Brannen, former CEO of FBL Financial Group Inc. Both bring extensive experience in finance, operations, and corporate governance to the Board, enhancing the company's strategic oversight.
Globe Life Inc. reported Q3 2021 net income of $1.84 per diluted share, up from $1.76 year-over-year, while net operating income rose to $1.78 from $1.75. Total life premiums grew by 8%, driven by divisions like American Income Life (up 12%) and Liberty National (up 6%). However, COVID-19 claims reached approximately $33 million in Q3, contributing to expected full-year claims of $110-125 million. Share buybacks totaled 1 million shares at a cost of $97 million. The projected range for 2021 net operating income per share is $6.85 to $7.05, lowered due to unexpected COVID losses.
Globe Life Inc. (NYSE: GL) will announce its Third Quarter 2021 earnings on October 20, 2021, after market close. Investors can access the earnings press release on the Company’s website. A conference call will be held on October 21, 2021, at 11:00 AM Eastern Time, allowing stakeholders to discuss the financial results and other relevant information. Globe Life specializes in life and supplemental health insurance for middle-income Americans through various distribution channels.
Globe Life Inc. (NYSE: GL) will release its Third Quarter 2021 earnings on October 20, 2021, after market close. Investors can access the earnings press release and other financial information on the company's website. A conference call discussing the earnings will take place on October 21, 2021, at 11:00 AM Eastern Time. Globe Life specializes in life and supplemental health insurance for middle-income Americans, utilizing various distribution channels.
Globe Life Inc. (NYSE: GL) announced a quarterly dividend of $.1975 per share, payable on November 1, 2021. The dividend applies to all outstanding common stock held as of October 4, 2021. This declaration reflects the company's ongoing commitment to returning value to its shareholders. Globe Life specializes in life and supplemental health insurance, targeting middle-income Americans through various distribution channels.
On August 1, 2021, Globe Life (NYSE: GL) completed its acquisition of Beazley Benefits, a subsidiary of Beazley plc, enhancing its offerings in the employee benefits market. Beazley Benefits specializes in supplemental health solutions, generating approximately $40 million in premiums in 2020. This strategic acquisition aligns with Globe Life's mission to deliver innovative solutions for working families. Beazley Benefits will be rebranded as Globe Life Benefits, and the transition is expected to be seamless, leveraging Beazley Benefits' experienced management team.
Globe Life Inc. (NYSE: GL) reported strong Q2 2021 results, with net income of $1.92 per diluted share, up from $1.62 in Q2 2020. Net operating income rose to $1.85 per share, a 12% increase year-over-year. Total life premiums increased by 9%, driven by growth in all divisions, while health premiums climbed 13%. The company repurchased 1.2 million shares at an average price of $101.05. However, COVID-19 claims amounted to approximately $11 million in Q2, totaling $49 million for the first half of 2021, with projections of $53-$55 million for the full year.
Globe Life Inc. (NYSE: GL) will release its Second Quarter 2021 earnings after market close on July 21, 2021. The earnings report, along with detailed financial information, will be accessible on the company's website. Additionally, a conference call is scheduled for July 22, 2021, at 11:00 AM Eastern to discuss the earnings results. Investors can access the live broadcast and replay via the company’s investor relations page.
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