← Filings of GL
Tables in the 10-Q of GLOBE LIFE INC.
108 tables with numbers, filed May 7, 2026. Each one downloads as a CSV for Excel or
Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed.
Open the filing on sec.gov ↗
| | | Page |
| PART I. FINANCIAL INFORMATION | | | |
| Item 1. | Condensed Consolidated Financial Statements | |
| | Condensed Consolidated Balance Sheets | 1 |
| | Condensed Consolidated Statements of Operations | 2 |
| | Condensed Consolidated Statements of Comprehensive Income (Loss) | 3 |
| | Condensed Consolidated Statements of Shareholders' Equity | 4 |
| | Condensed Consolidated Statements of Cash Flows | 5 |
First 8 of 32 rows. The CSV has all of them.
Table 2 after “(Dollar amounts in thousands, except share and per share data)”
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| March 31, 2026 | December 31, 2025 | |
| Assets: | | | |
| Investments: | | | |
| Fixed maturities—available for sale, at fair value (amortized cost: 2026—$19,133,385; 2025—$18,820,464, allowance for credit losses: 2026— $3,297; 2025— $3,297) | $17,579,376 | | $17,589,342 |
| Mortgage loans | 461,025 | | 428,517 |
| Policy loans | 749,108 | | 741,375 |
| Other long-term investments (includes: 2026—$1,070,296; 2025—$1,109,719 under the fair value option) | 1,435,099 | | 1,396,064 |
| Short-term investments | 183,790 | | 314,711 |
First 8 of 37 rows. The CSV has all of them.
Table 3 after “(Dollar amounts in thousands, except share and per share data)”
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| Three Months Ended March 31, | | | |
| | 2026 | 2025 | |
| Revenue: | | | | |
| Life premium | | $853,205 | | $829,863 |
| Health premium | | 416,908 | | 369,791 |
| Total premium | | 1,270,113 | | 1,199,654 |
| Net investment income | | 289,824 | | 280,614 |
| Realized gains (losses) | | (1,478) | | 85 |
First 8 of 25 rows. The CSV has all of them.
| Three Months Ended March 31, | | | |
| | 2026 | 2025 | |
| Net income | | $270,526 | | $254,563 |
| Other comprehensive income (loss): | | | | |
| Investments: | | | | |
| Unrealized gains (losses) on fixed maturities: | | | | |
| Unrealized holding gains (losses) arising during period | | (321,245) | | 215,128 |
| Other reclassification adjustments included in net income | | (1,569) | | (3,341) |
First 8 of 26 rows. The CSV has all of them.
Table 5 after “(Dollar amounts in thousands, except share and per share data)”
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| Preferred Stock | Common Stock | | Additional Paid-In Capital | Accumulated Other Comprehensive Income (Loss) | Retained Earnings | | Treasury Stock | Total Shareholders' Equity | | |
| Balance at December 31, 2025 | $— | | $92,218 | | $536,363 | | $(1,771,444) | | $8,546,807 | $(1,429,365) | $5,974,579 |
| Comprehensive income (loss) | — | | — | | — | | 70,653 | | 270,526 | — | 341,179 |
| Common dividends declared ($0.3300 per share) | — | | — | | — | | — | | (25,697) | — | (25,697) |
| Acquisition of treasury stock | — | | — | | — | | — | | — | (240,465) | (240,465) |
| Stock-based compensation | — | | — | | (12,134) | | — | | — | 25,737 | 13,603 |
| Exercise of stock options | — | | — | | — | | — | | (5,244) | 26,641 | 21,397 |
| Balance at March 31, 2026 | — | | $92,218 | | $524,229 | | $(1,700,791) | | $8,786,392 | $(1,617,452) | $6,084,596 |
Table 6 after “(Dollar amounts in thousands, except share and per share data)”
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| Preferred Stock | Common Stock | | Additional Paid-In Capital | Accumulated Other Comprehensive Income (Loss) | Retained Earnings | | Treasury Stock | Total Shareholders' Equity | | |
| Balance at December 31, 2024 | $— | | $97,218 | | $527,795 | | $(2,029,720) | | $8,002,521 | $(1,292,294) | $5,305,520 |
| Comprehensive income (loss) | — | | — | | — | | 58,847 | | 254,563 | — | 313,410 |
| Common dividends declared ($0.2700 per share) | — | | — | | — | | — | | (22,383) | — | (22,383) |
| Acquisition of treasury stock | — | | — | | — | | — | | — | (264,544) | (264,544) |
| Stock-based compensation | — | | — | | (3,754) | | — | | — | 15,773 | 12,019 |
| Exercise of stock options | — | | — | | — | | — | | (9,753) | 91,147 | 81,394 |
| Balance at March 31, 2025 | $— | | $97,218 | | $524,041 | | $(1,970,873) | | $8,224,948 | $(1,449,918) | $5,425,416 |
| Three Months Ended March 31, | | |
| 2026 | 2025 | |
| Cash provided from (used for) operating activities | $420,938 | | $431,887 |
| Cash provided from (used for) investing activities: | | | |
| Investments sold or matured: | | | |
| Fixed maturities available for sale—sold | 14,766 | | 53,911 |
| Fixed maturities available for sale—matured or other redemptions | 92,053 | | 58,796 |
| Mortgage loans | 26,315 | | 6,237 |
First 8 of 34 rows. The CSV has all of them.
Table 8 after “Note 3—Supplemental Information about Changes to Accumulated Other Comprehensive Income (Loss)”
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| Three Months Ended March 31, 2026 | | | | | | | |
| Available for Sale Assets | Future Policy Benefits | | Foreign Exchange | Pension Adjustments | Total | | |
| Balance at January 1, 2026 | $(969,982) | | $(821,628) | | $(9,044) | | $29,210 | $(1,771,444) |
| Other comprehensive income (loss) before reclassifications, net of tax | (253,842) | | 324,258 | | 230 | | — | 70,646 |
| Reclassifications, net of tax | (1,240) | | — | | — | | 1,247 | 7 |
| Other comprehensive income (loss) | (255,082) | | 324,258 | | 230 | | 1,247 | 70,653 |
| Balance at March 31, 2026 | $(1,225,064) | | $(497,370) | | $(8,814) | | $30,457 | $(1,700,791) |
Table 9 after “Note 3—Supplemental Information about Changes to Accumulated Other Comprehensive Income (Loss)”
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| Three Months Ended March 31, 2025 | | | | | | | |
| Available for Sale Assets | Future Policy Benefits | | Foreign Exchange | Pension Adjustments | Total | | |
| Balance at January 1, 2025 | $(1,319,618) | | $(709,042) | | $(21,757) | | $20,697 | $(2,029,720) |
| Other comprehensive income (loss) before reclassifications, net of tax | 169,609 | | (110,089) | | 1,913 | | — | 61,433 |
| Reclassifications, net of tax | (2,639) | | — | | — | | 53 | (2,586) |
| Other comprehensive income (loss) | 166,970 | | (110,089) | | 1,913 | | 53 | 58,847 |
| Balance at March 31, 2025 | $(1,152,648) | | $(819,131) | | $(19,844) | | $20,750 | $(1,970,873) |
Table 10 after “Reclassification adjustments out of accumulated other comprehensive income are presented below for the three month periods ended March 31, 2”
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| Three Months Ended March 31, | Affected line items in the Statements of Operations | | | |
| Component Line Item | | 2026 | 2025 | | |
| Unrealized investment (gains) losses on available for sale assets: | | | | | |
| Realized (gains) losses | | $717 | | $(828) | Realized (gains) losses |
| Amortization of (discount) premium | | (2,286) | | (2,513) | Net investment income |
| Total before tax | | (1,569) | | (3,341) | |
| Tax | | 329 | | 702 | Income taxes |
| Total after-tax | | (1,240) | | (2,639) | |
First 8 of 15 rows. The CSV has all of them.
Table 11 after “Summaries of fixed maturities available for sale by amortized cost, fair value, and allowance for credit losses at March 31, 2026 and Decemb”
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| At March 31, 2026 | | | | | | | | | |
| Amortized Cost | Allowance for Credit Losses | | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value(1) | | % of TotalFixedMaturities(2) | | |
| Fixed maturities available for sale: | | | | | | | | | | |
| U.S. Government direct, guaranteed, and government-sponsored enterprises | $417,459 | | $— | | $70 | | $(28,378) | | $389,151 | 2 |
| States, municipalities, and political subdivisions | 3,403,657 | | — | | 27,574 | | (546,601) | | 2,884,630 | 16 |
| Foreign governments | 48,051 | | — | | 19 | | (9,235) | | 38,835 | — |
| Corporates, by sector: | | | | | | | | | | |
| Industrials | 7,919,363 | | — | | 125,412 | | (747,376) | | 7,297,399 | 42 |
First 8 of 14 rows. The CSV has all of them.
| At December 31, 2025 | | | | | | | | | |
| Amortized Cost | Allowance for Credit Losses | | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value(1) | | % of TotalFixedMaturities(2) | | |
| Fixed maturities available for sale: | | | | | | | | | | |
| U.S. Government direct, guaranteed, and government-sponsored enterprises | $409,170 | | $— | | $161 | | $(25,478) | | $383,853 | 2 |
| States, municipalities, and political subdivisions | 3,385,433 | | — | | 26,955 | | (531,762) | | 2,880,626 | 16 |
| Foreign governments | 47,448 | | — | | 138 | | (8,040) | | 39,546 | — |
| Corporates, by sector: | | | | | | | | | | |
| Industrials | 7,787,885 | | — | | 175,164 | | (645,363) | | 7,317,686 | 42 |
First 8 of 14 rows. The CSV has all of them.
Table 13 after “A schedule of fixed maturities available for sale by contractual maturity date at March 31, 2026, is shown below on an amortized cost basis,”
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| At March 31, 2026 | | |
| Amortized Cost, net | Fair Value | |
| Fixed maturities available for sale: | | | |
| Due in one year or less | $183,363 | | $184,567 |
| Due after one year through five years | 787,608 | | 809,454 |
| Due after five years through ten years | 1,887,933 | | 1,925,841 |
| Due after ten years through twenty years | 8,972,605 | | 8,356,265 |
| Due after twenty years | 7,183,244 | | 6,187,481 |
First 8 of 10 rows. The CSV has all of them.
Table 14 after “"Net investment income" for the three month periods ended March 31, 2026 and 2025 is summarized as follows:”
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| Three Months Ended March 31, | | | | | |
| | 2026 | 2025 | | % Change | |
| Fixed maturities available for sale | | $245,819 | | $242,210 | | 1 |
| Policy loans | | 14,281 | | 13,658 | | 5 |
| Mortgage loans | | 7,586 | | 6,668 | | 14 |
| Other long-term investments(1) | | 26,080 | | 23,079 | | 13 |
| Short-term investments | | 2,869 | | 1,476 | | |
| | 296,635 | | 287,091 | | 3 |
First 8 of 10 rows. The CSV has all of them.
Table 15 after “Selected information about sales of fixed maturities available for sale is as follows:”
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| Three Months Ended March 31, | | | |
| | 2026 | 2025 | |
| Fixed maturities available for sale: | | | | |
| Proceeds from sales(1) | | $14,766 | | $53,911 |
| Gross realized gains | | 249 | | 1,478 |
| Gross realized losses | | — | | (1,464) |
Table 16 after “An analysis of "realized gains (losses)" is as follows:”
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| Three Months Ended March 31, | | | |
| | 2026 | 2025 | |
| Realized investment gains (losses): | | | | |
| Fixed maturities available for sale: | | | | |
| Sales and other(1) | | $(717) | | $788 |
| Provision for credit losses | | — | | 40 |
| Fair value option—change in fair value | | 5,571 | | 2,371 |
| Mortgage loans | | (141) | | 433 |
First 8 of 14 rows. The CSV has all of them.
Table 17 after “The following tables represent the fair value of fixed maturities measured on a recurring basis at March 31, 2026 and December 31, 2025:”
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| Fair Value Measurement at March 31, 2026: | | | | | |
| Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | | Significant Unobservable Inputs (Level 3) | Total Fair Value | |
| Fixed maturities available for sale | | | | | | |
| U.S. Government direct, guaranteed, and government-sponsored enterprises | $— | | $389,151 | | $— | $389,151 |
| States, municipalities, and political subdivisions | — | | 2,881,653 | | 2,977 | 2,884,630 |
| Foreign governments | — | | 38,835 | | — | 38,835 |
| Corporates, by sector: | | | | | | |
| Financial | — | | 4,627,718 | | 118,999 | 4,746,717 |
First 8 of 15 rows. The CSV has all of them.
Table 18 after “The following tables represent the fair value of fixed maturities measured on a recurring basis at March 31, 2026 and December 31, 2025:”
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| Fair Value Measurement at December 31, 2025: | | | | | |
| Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | | Significant Unobservable Inputs (Level 3) | Total Fair Value | |
| Fixed maturities available for sale | | | | | | |
| U.S. Government direct, guaranteed, and government-sponsored enterprises | $— | | $383,853 | | $— | $383,853 |
| States, municipalities, and political subdivisions | — | | 2,880,626 | | — | 2,880,626 |
| Foreign governments | — | | 39,546 | | — | 39,546 |
| Corporates, by sector: | | | | | | |
| Industrials | — | | 7,232,179 | | 85,507 | 7,317,686 |
First 8 of 15 rows. The CSV has all of them.
Table 19 after “The following tables represent changes in fixed maturities measured at fair value on a recurring basis using significant unobservable inputs”
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| Analysis of Changes in Fair Value Measurements Using Significant Unobservable Inputs (Level 3) | | | | | | | |
| Asset-backed Securities | Collateralized Debt Obligations | | States, Municipalities and Political SubdivisionsDebtObligations | Corporates | Total | | |
| Balance at January 1, 2026 | $85,901 | | $— | | $— | | $309,324 | $395,225 |
| Included in realized gains / losses | — | | — | | — | | 757 | 757 |
| Included in other comprehensive income | 251 | | — | | — | | (2,215) | (1,964) |
| Acquisitions | 13,472 | | — | | 2,977 | | 10,000 | 26,449 |
| Sales | — | | — | | — | | (4,480) | (4,480) |
| Amortization | — | | — | | — | | (1) | (1) |
First 8 of 13 rows. The CSV has all of them.
Table 20 after “Considered to be transferred at the end of the period. Transfers into Level 3 occur when observable inputs are no longer available. Transfer”
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| Analysis of Changes in Fair Value Measurements Using Significant Unobservable Inputs (Level 3) | | | | | | | |
| Asset-backed Securities | Collateralized Debt Obligations | | States, Municipalities and Political SubdivisionsDebtObligations | Corporates | Total | | |
| Balance at January 1, 2025 | $11,183 | | $42,866 | | $— | | $420,065 | $474,114 |
| Included in realized gains / losses | — | | — | | — | | (1) | (1) |
| Included in other comprehensive income | 30 | | 5,046 | | — | | (7,000) | (1,924) |
| Acquisitions | 12,380 | | — | | — | | 9,200 | 21,580 |
| Sales | — | | — | | — | | — | — |
| Amortization | — | | 1,136 | | — | | (3) | 1,133 |
First 8 of 13 rows. The CSV has all of them.
Table 21 after “The following table presents changes in unrealized gains and losses for the period included in accumulated other comprehensive income for as”
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| Changes in Unrealized Gains (Losses) included in Accumulated Other Comprehensive Income for Assets Held at the End of the Period | | | | | | | | |
| Asset- backed Securities | Collateralized Debt Obligations | | States, Municipalities and Political SubdivisionsDebtObligations | Corporates | | Total | | |
| At March 31, 2026 | $251 | | $— | | | $— | | $(2,215) | $(1,964) |
| At March 31, 2025 | 30 | | 5,046 | | | — | | (7,000) | (1,924) |
Table 22 after “The following table represents quantitative information about Level 3 fair value measurements:”
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| Quantitative Information about Level 3 Fair Value Measurements | | | | | | | | |
| March 31, 2026 | | | | | | | | |
| Fair Value | Valuation Technique | | Significant Unobservable Input | | Range | | Weighted-Average(1) | |
| Corporates | $310,503 | | Discounted cash flow | | Credit rating | | BB- to AA | | BBB+ |
| States, municipalities and political subdivisions | 2,977 | | Discounted cash flow | | Credit rating | | AAA | | AAA |
| Asset-backed securities | 99,624 | | Discounted cash flow | | Credit rating | | CC to A- | | BBB- |
| $413,104 | | | | | | | | |
Table 23 after “The following table discloses information about fixed maturities available for sale in an unrealized loss position.”
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| Less than Twelve Months | Twelve Months or Longer | | Total | |
| Number of issues (CUSIPs) held: | | | | | |
| As of March 31, 2026 | 570 | | 1,556 | | 2,126 |
| As of December 31, 2025 | 395 | | 1,583 | | 1,978 |
Table 24 after “Analysis of Gross Unrealized Investment Losses”
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| At March 31, 2026 | | | | | | | | | |
| Less than Twelve Months | Twelve Months or Longer | | Total | | | | | | |
| Fair Value | Unrealized Loss | | Fair Value | Unrealized Loss | Fair Value | | Unrealized Loss | | |
| Fixed maturities available for sale: | | | | | | | | | | |
| Investment grade securities: | | | | | | | | | | |
| U.S. Government direct, guaranteed, and government-sponsored enterprises | $12,947 | | $(185) | | $366,139 | | $(28,193) | | $379,086 | $(28,378) |
| States, municipalities, and political subdivisions | 420,682 | | (9,520) | | 1,647,106 | | (536,830) | | 2,067,788 | (546,350) |
| Foreign governments | 11,087 | | (227) | | 24,784 | | (9,008) | | 35,871 | (9,235) |
First 8 of 24 rows. The CSV has all of them.
Table 25 after “(Dollar amounts in thousands, except per share data)”
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| At December 31, 2025 | | | | | | | | | |
| Less than Twelve Months | Twelve Months or Longer | | Total | | | | | | |
| Fair Value | Unrealized Loss | | Fair Value | Unrealized Loss | Fair Value | | Unrealized Loss | | |
| Fixed maturities available for sale: | | | | | | | | | | |
| Investment grade securities: | | | | | | | | | | |
| U.S. Government direct, guaranteed, and government-sponsored enterprises | $4,894 | | $(454) | | $368,750 | | $(25,024) | | $373,644 | $(25,478) |
| States, municipalities, and political subdivisions | 535,186 | | (12,491) | | 1,731,104 | | (519,061) | | 2,266,290 | (531,552) |
| Foreign governments | 5,616 | | (26) | | 25,370 | | (8,014) | | 30,986 | (8,040) |
First 8 of 25 rows. The CSV has all of them.
Table 26 after “A summary of the activity in the allowance for credit losses is as follows.”
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| Three Months Ended March 31, | | | |
| | 2026 | 2025 | |
| Allowance for credit losses beginning balance | | $3,297 | | $10,395 |
| Additions to allowance for which credit losses were not previously recorded | | — | | — |
| Additions (reductions) to allowance for fixed maturities that previously had an allowance | | — | | (40) |
| Reduction of allowance for which the Company intends to sell or more likely than not will be required to sell or sold during the period | | — | | — |
| Allowance for credit losses ending balance | | $3,297 | | $10,355 |
Table 27 after “Summaries of commercial mortgage loans by property type and geographical location at March 31, 2026 and December 31, 2025 are as follows:”
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| March 31, 2026 | December 31, 2025 | | | | |
| Carrying Value | % of Total | | Carrying Value | % of Total | |
| Property type: | | | | | | |
| Industrial | $167,327 | | 36 | | $155,208 | 36 |
| Hospitality | 100,857 | | 22 | | 99,492 | 23 |
| Multi-family | 118,852 | | 26 | | 99,212 | 23 |
| Retail | 75,558 | | 16 | | 76,059 | 18 |
| Office | 3,087 | | 1 | | 3,061 | 1 |
First 8 of 11 rows. The CSV has all of them.
Table 28 after “(Dollar amounts in thousands, except per share data)”
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| March 31, 2026 | December 31, 2025 | | | | |
| Carrying Value | % of Total | | Carrying Value | % of Total | |
| Geographic location: | | | | | | |
| Florida | $90,028 | | 19 | | $88,681 | 21 |
| Texas | 67,119 | | 15 | | 66,597 | 15 |
| North Carolina | 42,455 | | 9 | | 42,358 | 10 |
| New Jersey | 37,194 | | 8 | | 37,130 | 9 |
| Alabama | 36,869 | | 8 | | 36,750 | 9 |
First 8 of 13 rows. The CSV has all of them.
Table 29 after “The following tables are reflective of the key factors, debt service coverage ratios, and loan-to-value ("LTV") ratios that are utilized by ”
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| March 31, 2026 | | | | | | | |
| Recorded Investment | | | | | | | |
| Debt Service Coverage Ratios(1) | | | | | | | |
| <1.00x | 1.00x—1.20x | | >1.20x | Total | % of Gross Total | | |
| Loan-to-value ratio(2): | | | | | | | | |
| Less than 70% | $84,886 | | $49,091 | | $324,042 | | $458,019 | 98 |
| 70% to 80% | — | | — | | — | | — | — |
| 81% to 90% | — | | — | | — | | — | — |
First 8 of 12 rows. The CSV has all of them.
Table 30 after “(Dollar amounts in thousands, except per share data)”
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| December 31, 2025 | | | | | | | |
| Recorded Investment | | | | | | | |
| Debt Service Coverage Ratios(1) | | | | | | | |
| <1.00x | 1.00x—1.20x | | >1.20x | Total | % of Gross Total | | |
| Loan-to-value ratio(2): | | | | | | | | |
| Less than 70% | $61,159 | | $50,009 | | $313,634 | | $424,802 | 98 |
| 70% to 80% | — | | — | | — | | — | — |
| 81% to 90% | — | | — | | — | | — | — |
First 8 of 12 rows. The CSV has all of them.
| Three Months Ended March 31, | | | |
| | 2026 | 2025 | |
| Allowance for credit losses beginning balance | | $4,515 | | $7,644 |
| Provision (reversal) for credit losses | | 141 | | (248) |
| Reduction in allowance due to dispositions | | — | | (665) |
| Allowance for credit losses ending balance | | $4,656 | | $6,731 |
Table 32 after “Other long-term investments consist of the following assets:”
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| March 31, 2026 | December 31, 2025 | |
| Investment funds | $1,070,296 | | $1,109,719 |
| Company-owned life insurance(1) | 323,014 | | 243,721 |
| Other | 41,789 | | 42,624 |
| Total | $1,435,099 | | $1,396,064 |
Table 33 after “The following table presents additional information about the Company's investment funds as of March 31, 2026 and December 31, 2025 at fair ”
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| Fair Value | Unfunded Commitments(2) | | | | |
| Investment Category | March 31, 2026 | December 31, 2025 | | March 31, 2026 | Redemption Term/Notice(1) | |
| Commercial mortgage loans | $579,280 | | $614,080 | | $512,426 | Fully redeemable and non-redeemable with varying terms. |
| Opportunistic and private credit | 209,523 | | 223,665 | | 227,688 | Fully redeemable and non-redeemable with varying terms. |
| Infrastructure | 194,367 | | 187,964 | | 19,372 | Fully redeemable and non-redeemable with varying terms. |
| Other | 87,126 | | 84,010 | | 51,037 | Non-redeemable with varying terms |
| Total investment funds | $1,070,296 | | $1,109,719 | | $810,523 | |
Table 34 after “The following tables summarize balances and changes in the net liability for future policy benefits, before reinsurance, for traditional lif”
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| Life | | | | | | | |
| Present value of expected future net premiums | | | | | | | |
| American Income | DTC | | Liberty National | Other | Total | | |
| Balance at January 1, 2025 | $4,645,917 | | $5,622,906 | | $1,048,447 | | $440,047 | $11,757,317 |
| Beginning balance at original discount rates | 4,656,710 | | 5,504,912 | | 1,047,020 | | 430,276 | 11,638,918 |
| Effect of changes in assumptions on future cash flows | — | | — | | — | | — | — |
| Effect of actual variances from expected experience | (51,617) | | (38,917) | | (7,916) | | (3,689) | (102,139) |
| Adjusted balance at January 1, 2025 | 4,605,093 | | 5,465,995 | | 1,039,104 | | 426,587 | 11,536,779 |
First 8 of 27 rows. The CSV has all of them.
Table 35 after “(Dollar amounts in thousands, except per share data)”
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| | Life | | | | | | | |
| Present value of expected future policy benefits | | | | | | | | |
| American Income | | DTC | Liberty National | Other | | Total | | |
| Balance at January 1, 2025 | | $9,870,692 | | $9,125,112 | | $3,377,517 | | $3,960,963 | $26,334,284 |
| Beginning balance at original discount rates | | 9,508,588 | | 8,660,948 | | 3,340,219 | | 3,582,068 | 25,091,823 |
| Effect of changes in assumptions on future cash flows | | — | | — | | — | | — | — |
| Effect of actual variances from expected experience | | (55,814) | | (41,948) | | (8,711) | | (5,447) | (111,920) |
| Adjusted balance at January 1, 2025 | | 9,452,774 | | 8,619,000 | | 3,331,508 | | 3,576,621 | 24,979,903 |
First 8 of 15 rows. The CSV has all of them.
Table 36 after “(Dollar amounts in thousands, except per share data)”
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| Balance at January 1, 2026 | $10,358,054 | $9,205,616 | $3,371,175 | $4,054,000 | $26,988,845 |
| Beginning balance at original discount rates | 9,905,431 | 8,616,929 | 3,291,890 | 3,643,392 | 25,457,642 |
| Effect of changes in assumptions on future cash flows | — | — | — | — | — |
| Effect of actual variances from expected experience | (66,848) | (75,724) | (12,123) | (3,796) | (158,491) |
| Adjusted balance at January 1, 2026 | 9,838,583 | 8,541,205 | 3,279,767 | 3,639,596 | 25,299,151 |
| Issuances(1) | 167,013 | 121,469 | 26,812 | 5,208 | 320,502 |
| Interest accrual(2) | 131,015 | 118,467 | 43,797 | 54,313 | 347,592 |
| Benefit payments(3) | (113,572) | (134,299) | (52,738) | (39,416) | (340,025) |
First 8 of 12 rows. The CSV has all of them.
Table 37 after “(Dollar amounts in thousands, except per share data)”
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| Life | | | | | | | |
| Net liability for future policy benefits as of March 31, 2025 | | | | | | | |
| American Income | DTC | | Liberty National | Other | Total | | |
| Net liability for future policy benefits at original discount rates | $4,951,354 | | $3,197,663 | | $2,302,287 | | $3,173,886 | $13,625,190 |
| Effect of changes in discount rate assumptions | 404,498 | | 369,962 | | 54,874 | | 395,823 | 1,225,157 |
| Other adjustments(1) | 224 | | 208 | | — | | 75 | 507 |
| Net liability for future policy benefits, after other adjustments, at current discount rates | 5,356,076 | | 3,567,833 | | 2,357,161 | | 3,569,784 | 14,850,854 |
| Reinsurance recoverable | (186) | | — | | (7,922) | | (14) | (8,122) |
First 8 of 9 rows. The CSV has all of them.
Table 38 after “Other adjustments include the effects of capping and flooring the liability (guidance requires an amount not less than zero at the calculati”
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| Life | | | | | | | |
| Net liability for future policy benefits as of March 31, 2026 | | | | | | | |
| American Income | DTC | | Liberty National | Other | Total | | |
| Net liability for future policy benefits at original discount rates | $5,290,581 | | $3,343,253 | | $2,311,295 | | $3,252,723 | $14,197,852 |
| Effect of changes in discount rate assumptions | 229,574 | | 284,139 | | 9,459 | | 310,822 | 833,994 |
| Other adjustments(1) | 204 | | 214 | | 1 | | 33 | 452 |
| Net liability for future policy benefits, after other adjustments, at current discount rates | 5,520,359 | | 3,627,606 | | 2,320,755 | | 3,563,578 | 15,032,298 |
| Reinsurance recoverable | (195) | | — | | (8,162) | | (12) | (8,369) |
First 8 of 9 rows. The CSV has all of them.
Table 39 after “The following tables summarize balances and changes in the net liability for future policy benefits for long-duration health contracts for t”
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| Health | | | | | | | | | |
| Present value of expected future net premiums | | | | | | | | | |
| United American | Family Heritage | | Liberty National | American Income | DTC | | Total | | |
| Balance at January 1, 2025 | $3,885,530 | | $1,734,875 | | $337,119 | | $223,247 | | $133,377 | $6,314,148 |
| Beginning balance at original discount rates | 3,948,856 | | 1,867,873 | | 338,275 | | 225,141 | | 131,919 | 6,512,064 |
| Effect of changes in assumptions on future cash flows | — | | — | | — | | — | | — | — |
| Effect of actual variances from expected experience | (28,215) | | (13,901) | | (10,720) | | (4,881) | | (1,415) | (59,132) |
| Adjusted balance at January 1, 2025 | 3,920,641 | | 1,853,972 | | 327,555 | | 220,260 | | 130,504 | 6,452,932 |
First 8 of 27 rows. The CSV has all of them.
Table 40 after “(Dollar amounts in thousands, except per share data)”
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| | Health | | | | | | | | |
| Present value of expected future policy benefits | | | | | | | | | |
| United American | | Family Heritage | Liberty National | American Income | | DTC | Total | | |
| Balance at January 1, 2025 | | $3,960,432 | | $3,336,546 | | $804,695 | | $355,303 | $129,277 | $8,586,253 |
| Beginning balance at original discount rates | | 4,026,860 | | 3,712,044 | | 791,141 | | 348,711 | 127,975 | 9,006,731 |
| Effect of changes in assumptions on future cash flows | | — | | — | | — | | — | — | — |
| Effect of actual variances from expected experience | | (25,054) | | (15,756) | | (11,005) | | (6,195) | (1,191) | (59,201) |
| Adjusted balance at January 1, 2025 | | 4,001,806 | | 3,696,288 | | 780,136 | | 342,516 | 126,784 | 8,947,530 |
First 8 of 15 rows. The CSV has all of them.
Table 41 after “(Dollar amounts in thousands, except per share data)”
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| Balance at January 1, 2026 | $5,345,453 | $3,586,908 | $793,855 | $393,599 | $196,732 | $10,316,547 |
| Beginning balance at original discount rates | 5,296,183 | 3,845,648 | 765,964 | 380,082 | 191,272 | 10,479,149 |
| Effect of changes in assumptions on future cash flows | — | — | — | — | — | — |
| Effect of actual variances from expected experience | (27,386) | (15,495) | (8,151) | (3,975) | (834) | (55,841) |
| Adjusted balance at January 1, 2026 | 5,268,797 | 3,830,153 | 757,813 | 376,107 | 190,438 | 10,423,308 |
| Issuances(1) | 234,791 | 68,418 | 11,939 | 8,579 | 4,787 | 328,514 |
| Interest accrual(2) | 62,260 | 40,486 | 9,987 | 4,796 | 2,291 | 119,820 |
| Benefit payments(3) | (111,620) | (40,156) | (24,471) | (7,418) | (5,020) | (188,685) |
First 8 of 12 rows. The CSV has all of them.
Table 42 after “(Dollar amounts in thousands, except per share data)”
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| Health | | | | | | | | | |
| Net liability for future policy benefits as of March 31, 2025 | | | | | | | | | |
| United American | Family Heritage | | Liberty National | American Income | Direct to Consumer | | Total | | |
| Net liability for future policy benefits at original discount rates | $61,035 | | $1,872,516 | | $447,480 | | $125,593 | | $(4,590) | $2,502,034 |
| Effect of changes in discount rate assumptions | (3,406) | | (219,265) | | 19,029 | | 9,674 | | (230) | (194,198) |
| Other adjustments(1) | 34,570 | | 1,315 | | 11,363 | | 699 | | 5,575 | 53,522 |
| Net liability for future policy benefits, after other adjustments, at current discount rates | 92,199 | | 1,654,566 | | 477,872 | | 135,966 | | 755 | 2,361,358 |
| Reinsurance recoverable | (2,511) | | — | | (988) | | — | | — | (3,499) |
First 8 of 9 rows. The CSV has all of them.
Table 43 after “Other adjustments include the effects of capping and flooring the liability (guidance requires an amount not less than zero at the calculati”
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| Health | | | | | | | | | |
| Net liability for future policy benefits as of March 31, 2026 | | | | | | | | | |
| United American | Family Heritage | | Liberty National | American Income | Direct to Consumer | | Total | | |
| Net liability for future policy benefits at original discount rates | 1,857 | | 1,980,373 | | 428,053 | | 135,645 | | (11,808) | 2,534,120 |
| Effect of changes in discount rate assumptions | (8,782) | | (225,029) | | 14,107 | | 7,590 | | (182) | (212,296) |
| Other adjustments(1) | 77,590 | | 694 | | 15,577 | | 647 | | 12,553 | 107,061 |
| Net liability for future policy benefits, after other adjustments, at current discount rates | 70,665 | | 1,756,038 | | 457,737 | | 143,882 | | 563 | 2,428,885 |
| Reinsurance recoverable | (1,976) | | — | | (674) | | — | | — | (2,650) |
First 8 of 9 rows. The CSV has all of them.
Table 44 after “The following tables include the total remeasurement gain or loss, bifurcated between the gain or loss due to differences between actual and”
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| Three Months Ended March 31, | | | |
| | 2026 | 2025 | |
| Life Remeasurement Gain (Loss)—Experience: | | | | |
| American Income | | $7,060 | | $4,179 |
| Direct to Consumer | | 9,819 | | 2,980 |
| Liberty National | | 954 | | 182 |
| Other | | 1,107 | | 1,184 |
| Total Life Remeasurement Gain (Loss)—Experience | | 18,940 | | 8,525 |
First 8 of 30 rows. The CSV has all of them.
Table 45 after “as of March 31, 2026 and 2025:”
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| At Original Discount Rates | At Current Discount Rates | | | | |
| As of March 31, | As of March 31, | | | | |
| 2026 | 2025 | | 2026 | 2025 | |
| Life(1): | | | | | | |
| American Income | $5,290,725 | | $4,951,442 | | $5,520,359 | $5,356,076 |
| Direct to Consumer | 3,343,456 | | 3,197,663 | | 3,627,606 | 3,567,833 |
| Liberty National | 2,311,295 | | 2,302,287 | | 2,320,755 | 2,357,161 |
| Other | 3,252,747 | | 3,173,917 | | 3,563,578 | 3,569,784 |
First 8 of 21 rows. The CSV has all of them.
Table 46 after “The following tables provide the weighted-average original and current discount rates for the liability for future policy benefits and the a”
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| As of March 31, | | | | | |
| 2026 | 2025 | | | | |
| Original discount rate | Current discount rate | | Original discount rate | Current discount rate | |
| Life | | | | | | |
| American Income | 5.7% | | 5.5% | | 5.7% | 5.4% |
| Direct to Consumer | 6.0% | | 5.6% | | 5.9% | 5.4% |
| Liberty National | 5.6% | | 5.6% | | 5.6% | 5.4% |
| Other | 6.2% | | 5.6% | | 6.2% | 5.5% |
First 8 of 14 rows. The CSV has all of them.
Table 47 after “The following table provides the weighted-average durations of the liability for future policy benefits and the additional insurance liabili”
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| | As of March 31, | | | | |
| 2026 | | 2025 | | | |
| | At original discount rates | | At current discount rates | At original discount rates | At current discount rates |
| Life | | | | | | |
| American Income | | 22.19 | | 21.92 | 22.67 | 22.59 |
| Direct to Consumer | | 18.56 | | 19.23 | 19.17 | 20.11 |
| Liberty National | | 15.26 | | 14.97 | 15.32 | 15.27 |
| Other | | 15.48 | | 15.99 | 15.90 | 16.74 |
First 8 of 14 rows. The CSV has all of them.
Table 48 after “for three months ended March 31, 2026 and 2025:”
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| Life | | | | | |
| Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 | | | | |
| Gross Premiums | Interest Expense | | Gross Premiums | Interest Expense | |
| American Income | $458,881 | | $75,200 | | $437,449 | $70,993 |
| Direct to Consumer | 241,611 | | 49,008 | | 242,870 | 46,967 |
| Liberty National | 99,144 | | 31,188 | | 95,300 | 31,049 |
| Other | 49,363 | | 48,967 | | 49,914 | 47,285 |
| Total | $848,999 | | $204,363 | | $825,533 | $196,294 |
Table 49 after “for three months ended March 31, 2026 and 2025:”
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| Health | | | | | |
| Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 | | | | |
| Gross Premiums | Interest Expense | | Gross Premiums | Interest Expense | |
| United American | $139,041 | | $420 | | $116,396 | $1,049 |
| Family Heritage | 123,139 | | 20,558 | | 112,354 | 19,116 |
| Liberty National | 47,431 | | 6,083 | | 47,753 | 6,355 |
| American Income | 29,801 | | 1,951 | | 29,754 | 1,812 |
| Direct to Consumer | 5,041 | | — | | 4,136 | — |
First 8 of 9 rows. The CSV has all of them.
Table 50 after “The following tables provide the undiscounted and discounted expected future net premiums, expected future gross premiums, and expected futu”
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| Life | | | | | | | | | |
| As of March 31, 2026 | As of March 31, 2025 | | | | | | | | |
| Not discounted | At original discount rates | | At current discount rates | Not discounted | At original discount rates | | At current discount rates | | |
| American Income | | | | | | | | | | |
| PV of expected future gross premiums | $26,921,746 | | $15,186,466 | | $15,307,810 | | $25,905,546 | | $14,643,965 | $14,852,317 |
| PV of expected future net premiums | 8,390,282 | | 4,731,583 | | 4,740,702 | | 8,346,487 | | 4,719,733 | 4,757,044 |
| PV of expected future policy benefits | 33,544,821 | | 10,022,164 | | 10,260,857 | | 32,329,867 | | 9,671,087 | 10,112,896 |
| DTC | | | | | | | | | | |
First 8 of 23 rows. The CSV has all of them.
Table 51 after “(Dollar amounts in thousands, except per share data)”
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| Health | | | | | | | | | |
| As of March 31, 2026 | As of March 31, 2025 | | | | | | | | |
| Not discounted | At original discount rates | | At current discount rates | Not discounted | At original discount rates | | At current discount rates | | |
| United American | | | | | | | | | | |
| PV of expected future gross premiums | $13,070,849 | | $7,895,697 | | $7,853,610 | | $9,431,321 | | $5,798,787 | $5,779,686 |
| PV of expected future net premiums | 9,036,083 | | 5,452,371 | | 5,423,604 | | 6,522,325 | | 4,005,620 | 3,993,693 |
| PV of expected future policy benefits | 9,125,080 | | 5,454,228 | | 5,416,679 | | 6,644,012 | | 4,066,655 | 4,051,322 |
| Family Heritage | | | | | | | | | | |
First 8 of 27 rows. The CSV has all of them.
Table 52 after “The following table summarizes the balances of, and changes in, policyholders’ account balances as of March 31, 2026 and 2025:”
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| Policyholders' Account Balances | | | | | | | | | |
| 2026 | 2025 | | | | | | | | |
| Interest Sensitive Life | Deferred Annuity(1) | | Other Policy-holders' Funds | Interest Sensitive Life | Deferred Annuity(1) | | Other Policy-holders' Funds | | |
| Balance at January 1, | $711,687 | | $580,669 | | $532,047 | | $723,389 | | $656,573 | $468,604 |
| Issuances | — | | 186 | | — | | — | | 171 | — |
| Premiums and deposits received | 5,049 | | 4,069 | | 186,814 | | 5,250 | | 3,766 | 86,885 |
| Policy charges | (2,804) | | — | | — | | (2,986) | | — | — |
| Surrenders and withdrawals | (5,627) | | (13,722) | | (143,318) | | (5,966) | | (16,531) | (93,128) |
First 8 of 12 rows. The CSV has all of them.
Table 53 after “The following table summarizes the balances of, and changes in, policyholders’ account balances as of March 31, 2026 and 2025:”
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| Weighted-average credit rate | 3.86% | 3.34% | | 4.11% | | 3.86% | | 3.37% | 4.76% |
| Net amount at risk | $1,537,256 | N/A | N/A | | $1,636,687 | | N/A | N/A | |
| Cash surrender value | $664,968 | $568,078 | | $576,452 | | $674,838 | | $636,138 | $463,148 |
Table 54 after “The following tables present the policyholders' account balances by range of guaranteed minimum crediting rates and the related range of dif”
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| At March 31, 2026 | | | | |
| Range of guaranteed minimum crediting rates | Interest Sensitive Life | Deferred Annuity(1) | | Other Policyholders' Funds | |
| At guaranteed minimum: | | | | | |
| Less than 3.00% | $— | | $2,014 | | $483,399 |
| 3.00%-3.99% | 29,372 | | 393,470 | | 3,158 |
| 4.00%-4.99% | 590,468 | | 88,022 | | 55,134 |
| Greater than 5.00% | 88,889 | | 84,572 | | 34,761 |
| Total | $708,729 | | $568,078 | | $576,452 |
Table 55 after “million has been reinsured with third-party reinsurers under existing reinsurance agreements.”
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| At March 31, 2025 | | | | |
| Range of guaranteed minimum crediting rates | Interest Sensitive Life | Deferred Annuity(1) | | Other Policyholders' Funds | |
| At guaranteed minimum: | | | | | |
| Less than 3.00% | $— | | $1,866 | | $368,459 |
| 3.00%-3.99% | 29,408 | | 455,618 | | 3,145 |
| 4.00%-4.99% | 601,367 | | 178,735 | | 55,767 |
| Greater than 5.00% | 89,494 | | — | | 35,777 |
| Total | $720,269 | | $636,219 | | $463,148 |
Table 56 after “The following tables roll forward the deferred policy acquisition costs for the three month periods ended March 31, 2026 and 2025:”
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| Life | | | | | | | |
| American Income | DTC | | Liberty National | Other | Total | | |
| Balance at January 1, 2025 | $2,900,229 | | $1,781,230 | | $728,790 | | $290,506 | $5,700,755 |
| Capitalizations | 133,870 | | 37,148 | | 29,591 | | 2,807 | 203,416 |
| Amortization expense | (49,374) | | (25,588) | | (14,993) | | (678) | (90,633) |
| Foreign exchange adjustment | 1,282 | | — | | — | | — | 1,282 |
| Balance at March 31, 2025 | $2,986,007 | | $1,792,790 | | $743,388 | | $292,635 | $5,814,820 |
| Balance at January 1, 2026 | $3,248,907 | | $1,818,120 | | $790,987 | | $289,736 | $6,147,750 |
First 8 of 12 rows. The CSV has all of them.
Table 57 after “The following tables roll forward the deferred policy acquisition costs for the three month periods ended March 31, 2026 and 2025:”
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| Health | | | | | | | | | |
| United American | Family Heritage | | Liberty National | American Income | DTC | | Total | | |
| Balance at January 1, 2025 | $70,530 | | $496,119 | | $148,920 | | $76,319 | | $1,533 | $793,421 |
| Capitalizations | 616 | | 18,531 | | 5,919 | | 3,732 | | — | 28,798 |
| Amortization expense | (1,391) | | (7,938) | | (3,862) | | (1,291) | | (37) | (14,519) |
| Foreign exchange adjustment | — | | — | | — | | 73 | | — | 73 |
| Balance at March 31, 2025 | $69,755 | | $506,712 | | $150,977 | | $78,833 | | $1,496 | $807,773 |
| Balance at January 1, 2026 | $67,952 | | $543,379 | | $152,210 | | $86,446 | | $1,399 | $851,386 |
First 8 of 12 rows. The CSV has all of them.
Table 58 after “for the three months ended March 31, 2026 and 2025:”
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| | March 31, | | |
| 2026 | | 2025 | |
| Life | | | | |
| American Income | | $3,329,644 | | $2,986,007 |
| Direct to Consumer | | 1,830,728 | | 1,792,790 |
| Liberty National | | 804,800 | | 743,388 |
| Other | | 288,673 | | 292,635 |
| Total DAC—Life | | 6,253,845 | | 5,814,820 |
First 8 of 17 rows. The CSV has all of them.
Table 59 after “Activity in the liability for unpaid health claims is summarized as follows:”
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| March 31, 2026 | December 31, 2025 | |
| Balance at beginning of period | $225,237 | | $210,994 |
| Less reinsurance recoverables | (1,233) | | (1,521) |
| Net balance at beginning of period | 224,004 | | 209,473 |
| Incurred related to: | | | |
| Current year | 247,284 | | 851,946 |
| Prior years | (3,365) | | (1,831) |
| Total incurred | 243,919 | | 850,115 |
First 8 of 15 rows. The CSV has all of them.
| March 31, 2026 | December 31, 2025 | |
| Policy claims and other benefits payable: | | | |
| Life insurance | $311,928 | | $315,595 |
| Health insurance | 236,600 | | 225,237 |
| Total | $548,528 | | $540,832 |
Table 61 after “Pension Assets by Component at March 31, 2026”
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| Fair Value Determined by: | | | | | | | | |
| Quoted Prices inActive Marketsfor IdenticalAssets (Level 1) | | SignificantObservableInputs (Level 2) | | Significant Unobservable Inputs (Level 3) | TotalAmount | % of Total | | |
| Exchange traded fund(4) | $52,641 | | | $— | | $— | | $52,641 | 8 |
| Equity exchange traded fund(1) | 328,164 | | | — | | — | | 328,164 | 50 |
| U.S. Government and Agency | — | | | 180,553 | | — | | 180,553 | 27 |
| Other bonds | — | | | 3 | | — | | 3 | — |
| Guaranteed annuity contract(2) | — | | | 46,454 | | — | | 46,454 | 7 |
| Short-term investments | 2,620 | | | — | | — | | 2,620 | — |
First 8 of 12 rows. The CSV has all of them.
Table 62 after “Pension Assets by Component at December 31, 2025”
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| Fair Value Determined by: | | | | | | | | |
| Quoted Prices inActive Marketsfor IdenticalAssets (Level 1) | | SignificantObservableInputs (Level 2) | | SignificantUnobservableInputs (Level 3) | TotalAmount | % of Total | | |
| Exchange traded fund(4) | $53,437 | | | $— | | $— | | $53,437 | 8 |
| Equity exchange traded fund(1) | 344,409 | | | — | | — | | 344,409 | 50 |
| U.S. Government and Agency | — | | | 180,974 | | — | | 180,974 | 26 |
| Other bonds | — | | | 3 | | — | | 3 | — |
| Guaranteed annuity contract(2) | — | | | 46,341 | | — | | 46,341 | 7 |
| Short-term investments | 6,957 | | | — | | — | | 6,957 | 1 |
First 8 of 12 rows. The CSV has all of them.
Table 63 after “The following tables include premiums paid for COLI at March 31, 2026 and 2025 and investments of the Rabbi Trust at March 31, 2026 and Dece”
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| March 31, 2026 | December 31, 2025 | |
| Total investments: | | | |
| COLI | $59,479 | | $59,008 |
| Exchange traded funds | 107,023 | | 111,470 |
| $166,502 | | $170,478 |
Table 64 after “The following table presents liabilities for the defined benefit pension plans and SERP at March 31, 2026 and December 31, 2025.”
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| March 31, 2026 | December 31, 2025 | |
| Pension Plans | $579,330 | | $597,695 |
| SERP | 79,449 | | 79,093 |
| Benefit obligation | $658,779 | | $676,788 |
Table 65 after “Components of Net Periodic Benefit Cost”
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| Three Months Ended March 31, | | | |
| | 2026 | 2025 | |
| Service cost—benefits earned during the period | | $6,837 | | $6,242 |
| Interest cost on projected benefit obligation | | 9,611 | | 9,025 |
| Expected return on assets | | (12,338) | | (11,563) |
| Amortization: | | | | |
| Prior service cost | | 252 | | 292 |
| Actuarial (gain) loss | | — | | — |
First 8 of 9 rows. The CSV has all of them.
Table 66 after “A reconciliation of basic and diluted weighted-average shares outstanding used in the computation of basic and diluted earnings per share is”
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| Three Months Ended March 31, | | | |
| | 2026 | 2025 | |
| Basic weighted average shares outstanding | | 78,500,338 | | 83,479,997 |
| Weighted average dilutive options outstanding | | 1,240,187 | | 1,000,116 |
| Diluted weighted average shares outstanding | | 79,740,525 | | 84,480,113 |
| Antidilutive shares | | 131,267 | | 635,610 |
Table 67 after “Selected Information about Debt Issues”
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| | | | | As of | | | | | | | | | |
| | | | | March 31, 2026 | | December 31, 2025 | | | | | | | |
| Instrument | Issue Date | | Maturity Date | Coupon Rate | Par Value | | Unamortized Discount & Issuance Costs | | Book Value | Fair Value | | Book Value | | |
| Senior notes | 09/27/2018 | | 09/15/2028 | 4.550% | $550,000 | | | $(2,055) | | $547,945 | | | $549,104 | $547,748 |
| Senior notes | 08/21/2020 | | 08/15/2030 | 2.150% | 400,000 | | | (2,275) | | 397,725 | | | 359,252 | 397,604 |
| Senior notes(1) | 05/19/2022 | | 06/15/2032 | 4.800% | 250,000 | | | (3,198) | | 246,802 | | | 247,225 | 246,692 |
| Senior notes | 08/23/2024 | | 09/15/2034 | 5.850% | 450,000 | | | (4,675) | | 445,325 | | | 463,991 | 445,218 |
| Junior subordinated debentures | 11/17/2017 | | 11/17/2057 | 5.275% | 125,000 | | | (1,534) | | 123,466 | | | 108,704 | 123,461 |
First 8 of 16 rows. The CSV has all of them.
Table 68 after “Credit Facility—Commercial Paper”
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| As of | | | | |
| March 31, 2026 | December 31, 2025 | | March 31, 2025 | |
| Balance of commercial paper at end of period (par value) | $459,250 | | $306,000 | | $409,500 |
| Annualized interest rate | 4.02% | | 4.05% | | 5.13% |
| Letters of credit outstanding | $115,000 | | $115,000 | | $115,000 |
| Remaining amount available under credit line | 425,750 | | 579,000 | | 475,500 |
Table 69 after “Credit Facility—Commercial Paper Activity”
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| Three Months Ended March 31, | | |
| 2026 | 2025 | |
| Average balance of commercial paper outstanding during period (par value) | $373,981 | | $478,950 |
| Daily-weighted average interest rate (annualized) | 3.98% | | 5.08% |
| Maximum daily amount outstanding during period (par value) | $559,250 | | $605,500 |
| Commercial paper issued during period (par value) | 759,250 | | 586,000 |
| Commercial paper matured during period (par value) | (606,000) | | (595,500) |
| Net commercial paper issued (matured) during period (par value) | 153,250 | | (9,500) |
Table 70 after “The following tables present segment premium revenue by each of Globe Life's distribution channels.”
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| Premium Income by Distribution Channel | | | | | | | | | | |
| Three Months Ended March 31, 2026 | | | | | | | | | |
| Life | Health | | | Total | | | | | |
| Distribution Channel | Amount | % of Total | | Amount | % of Total | | Amount | % of Total | | |
| American Income | $459,200 | | 54 | | $31,119 | 7 | | | $490,319 | 38 |
| Direct to Consumer | 244,223 | | 29 | | 20,645 | 5 | | | 264,868 | 21 |
| Liberty National | 99,885 | | 12 | | 47,579 | 11 | | | 147,464 | 12 |
| United American | 1,720 | | — | | 194,426 | 47 | | | 196,146 | 15 |
First 8 of 11 rows. The CSV has all of them.
Table 71 after “The following tables present segment premium revenue by each of Globe Life's distribution channels.”
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| Premium Income by Distribution Channel | | | | | | | | | | |
| Three Months Ended March 31, 2025 | | | | | | | | | |
| Life | Health | | | Total | | | | | |
| Distribution Channel | Amount | % ofTotal | | Amount | % ofTotal | | Amount | % ofTotal | | |
| American Income | $437,866 | | 53 | | $30,691 | 8 | | | $468,557 | 39 |
| Direct to Consumer | 245,600 | | 30 | | 18,976 | 5 | | | 264,576 | 22 |
| Liberty National | 96,182 | | 11 | | 47,922 | 13 | | | 144,104 | 12 |
| United American | 1,592 | | — | | 159,848 | 43 | | | 161,440 | 13 |
First 8 of 11 rows. The CSV has all of them.
Table 72 after “(Dollar amounts in thousands, except per share data)”
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| Three Months Ended March 31, 2026 | | | | | | |
| Life | | Health | | Investment | Consolidated | |
| Revenue: | | | | | | | |
| Premium | $853,205 | | | $416,908 | | $— | $1,270,113 |
| Net investment income | — | | | — | | 289,824 | 289,824 |
| Segment revenue | 853,205 | | | 416,908 | | 289,824 | 1,559,937 |
| Realized gains (losses) | | (1,478) | | | | | |
| Other income | | 1,160 | | | | | |
First 8 of 31 rows. The CSV has all of them.
Table 73 after “(Dollar amounts in thousands, except per share data)”
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| Three Months Ended March 31, 2025 | | | | | | |
| Life | | Health | | Investment | Consolidated | |
| Revenue: | | | | | | | |
| Premium | $829,863 | | | $369,791 | | $— | $1,199,654 |
| Net investment income | — | | | — | | 280,614 | 280,614 |
| Segment revenue | 829,863 | | | 369,791 | | 280,614 | 1,480,268 |
| Realized gains (losses) | | 85 | | | | | |
| Other income | | 69 | | | | | |
First 8 of 31 rows. The CSV has all of them.
| March 31, 2026 | | | | | | |
| Life | | Health | | Investment | Consolidated | |
| Cash and invested assets | $— | | | $— | | $20,663,607 | $20,663,607 |
| Accrued investment income | — | | | — | | 289,633 | 289,633 |
| Deferred acquisition costs | 6,253,845 | | | 865,275 | | — | 7,119,120 |
| Goodwill | 309,609 | | | 180,837 | | — | 490,446 |
| Total segment assets | $6,563,454 | | | $1,046,112 | | $20,953,240 | 28,562,806 |
| Annuity and other corporate | | 2,403,045 | | | | | |
First 8 of 9 rows. The CSV has all of them.
| December 31, 2025 | | | | | | |
| Life | | Health | | Investment | Consolidated | |
| Cash and invested assets | $— | | | $— | | $20,614,713 | $20,614,713 |
| Accrued investment income | — | | | — | | 272,818 | 272,818 |
| Deferred acquisition costs | 6,147,750 | | | 851,386 | | — | 6,999,136 |
| Goodwill | 309,609 | | | 180,837 | | — | 490,446 |
| Total segment assets | $6,457,359 | | | $1,032,223 | | $20,887,531 | 28,377,113 |
| Annuity and other corporate | | 2,436,579 | | | | | |
First 8 of 9 rows. The CSV has all of them.
| Three Months Ended March 31, | | | | | | |
| 2026 | 2025 | | Change | % | | |
| Life insurance underwriting margin | $349,058 | | $337,264 | | | $11,794 | 3 |
| Health insurance underwriting margin | 94,504 | | 84,721 | | | 9,783 | 12 |
| Excess investment income | 36,654 | | 35,870 | | | 784 | 2 |
| Segment profit or (loss) | 480,216 | | 457,855 | | | 22,361 | 5 |
| Annuity and other income | 3,129 | | 1,879 | | | 1,250 | 67 |
| Administrative expense | (94,286) | | (87,549) | | | (6,737) | 8 |
First 8 of 17 rows. The CSV has all of them.
| Three Months Ended March 31, | Change | | | | | | | |
| 2026 | 2025 | | | | | | | |
| Amount | % of Premium | | Amount | % of Premium | Amount | % | | |
| Premium and policy charges | $853,205 | | 100 | | $829,863 | | 100 | $23,342 | 3 |
| Policy obligations | 518,850 | | 61 | | 509,756 | | 61 | 9,094 | 2 |
| Required interest on reserves | (216,538) | | (26) | | (208,536) | | (25) | (8,002) | 4 |
| Net policy obligations | 302,312 | | 35 | | 301,220 | | 36 | 1,092 | — |
| Amortization of acquisition costs | 102,694 | | 12 | | 90,633 | | 11 | 12,061 | 13 |
First 8 of 13 rows. The CSV has all of them.
| Three Months Ended March 31, | | | | | | | | |
| 2026 | 2025 | | Change | | | | | |
| Amount | % of Premium | | Amount | % of Premium | Amount | % | | |
| American Income | $209,008 | | 46 | | $196,169 | | 45 | $12,839 | 7 |
| Direct to Consumer | 73,638 | | 30 | | 64,200 | | 26 | 9,438 | 15 |
| Liberty National | 35,292 | | 35 | | 31,772 | | 33 | 3,520 | 11 |
| Other(1) | 31,120 | | 62 | | 45,123 | | 90 | (14,003) | (31) |
| Total | $349,058 | | 41 | | $337,264 | | 41 | $11,794 | 3 |
| Three Months Ended March 31, | Change | | | | | | | |
| 2026 | 2025 | | | | | | | |
| Amount | % of Total | | Amount | % of Total | Amount | % | | |
| American Income | $459,200 | | 54 | | $437,866 | | 53 | $21,334 | 5 |
| Direct to Consumer | 244,223 | | 28 | | 245,600 | | 30 | (1,377) | (1) |
| Liberty National | 99,885 | | 12 | | 96,182 | | 11 | 3,703 | 4 |
| Other | 49,897 | | 6 | | 50,215 | | 6 | (318) | (1) |
| Total | $853,205 | | 100 | | $829,863 | | 100 | $23,342 | 3 |
| Three Months Ended March 31, | Change | | | | | | | |
| 2026 | 2025 | | | | | | | |
| Amount | % of Total | | Amount | % of Total | Amount | % | | |
| American Income | $101,337 | | 65 | | $98,555 | | 66 | $2,782 | 3 |
| Direct to Consumer | 27,188 | | 17 | | 25,175 | | 17 | 2,013 | 8 |
| Liberty National | 25,358 | | 16 | | 22,469 | | 15 | 2,889 | 13 |
| Other | 3,488 | | 2 | | 2,152 | | 2 | 1,336 | 62 |
| Total | $157,371 | | 100 | | $148,351 | | 100 | $9,020 | 6 |
| Three Months Ended March 31, | Change | | | | | | | |
| 2026 | 2025 | | | | | | | |
| Amount | % of Total | | Amount | % of Total | Amount | % | | |
| American Income | $78,376 | | 67 | | $77,637 | | 68 | $739 | 1 |
| Direct to Consumer | 15,841 | | 14 | | 15,219 | | 13 | 622 | 4 |
| Liberty National | 19,904 | | 17 | | 19,381 | | 17 | 523 | 3 |
| Other | 2,350 | | 2 | | 1,868 | | 2 | 482 | 26 |
| Total | $116,471 | | 100 | | $114,105 | | 100 | $2,366 | 2 |
Table 82 after “Below is the average producing agent count as of the indicated periods for the American Income Life Division. The average producing agent co”
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| At March 31, | Change | | | | | |
| 2026 | 2025 | | Amount | % | | |
| American Income | 11,064 | | 11,510 | | | (446) | (4) |
Table 83 after “Below is the average producing agent count for the three months ended March 31, 2026 and 2025 for the Liberty National Division. The average”
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| At March 31, | Change | | | | | |
| 2026 | 2025 | | Amount | % | | |
| Liberty National | 4,031 | | 3,688 | | | 343 | 9 |
| Three Months Ended March 31, | Change | | | | | | | |
| 2026 | 2025 | | | | | | | |
| Amount | % of Premium | | Amount | % of Premium | Amount | % | | |
| Premium | $416,908 | | 100 | | $369,791 | | 100 | $47,117 | 13 |
| Policy obligations | 263,734 | | 63 | | 233,929 | | 63 | 29,805 | 13 |
| Required interest on reserves | (28,882) | | (7) | | (28,286) | | (8) | (596) | 2 |
| Net policy obligations | 234,852 | | 56 | | 205,643 | | 55 | 29,209 | 14 |
| Amortization of acquisition costs | 15,588 | | 4 | | 14,519 | | 4 | 1,069 | 7 |
First 8 of 13 rows. The CSV has all of them.
| Three Months Ended March 31, | | | | | | | | |
| 2026 | 2025 | | Change | | | | | |
| Amount | % of Premium | | Amount | % of Premium | Amount | % | | |
| United American | $5,281 | | 3 | | $1,617 | | 1 | $3,664 | 227 |
| Family Heritage | 43,745 | | 36 | | 39,249 | | 35 | 4,496 | 11 |
| Liberty National | 25,670 | | 54 | | 25,982 | | 54 | (312) | (1) |
| American Income | 18,771 | | 60 | | 19,389 | | 63 | (618) | (3) |
| Direct to Consumer | 1,037 | | 5 | | (1,516) | | (8) | 2,553 | 168 |
First 8 of 9 rows. The CSV has all of them.
| Three Months Ended March 31, | Increase (Decrease) | | | | | | | |
| 2026 | 2025 | | | | | | | |
| Amount | % of Total | | Amount | % of Total | Amount | % | | |
| United American | $194,426 | | 47 | | $159,848 | | 43 | $34,578 | 22 |
| Family Heritage | 123,139 | | 30 | | 112,354 | | 31 | 10,785 | 10 |
| Liberty National | 47,579 | | 11 | | 47,922 | | 13 | (343) | (1) |
| American Income | 31,119 | | 7 | | 30,691 | | 8 | 428 | 1 |
| Direct to Consumer | 20,645 | | 5 | | 18,976 | | 5 | 1,669 | 9 |
First 8 of 9 rows. The CSV has all of them.
| Three Months Ended March 31, | Increase (Decrease) | | | | | | | |
| 2026 | 2025 | | | | | | | |
| Amount | % of Total | | Amount | % of Total | Amount | % | | |
| United American | $61,534 | | 58 | | $27,708 | | 41 | $33,826 | 122 |
| Family Heritage | 32,713 | | 31 | | 26,816 | | 40 | 5,897 | 22 |
| Liberty National | 6,968 | | 6 | | 7,198 | | 11 | (230) | (3) |
| American Income | 4,317 | | 4 | | 4,870 | | 7 | (553) | (11) |
| Direct to Consumer | 618 | | 1 | | 645 | | 1 | (27) | (4) |
First 8 of 9 rows. The CSV has all of them.
| Three Months Ended March 31, | Increase (Decrease) | | | | | | | |
| 2026 | 2025 | | | | | | | |
| Amount | % of Total | | Amount | % of Total | Amount | % | | |
| United American | $42,316 | | 53 | | $20,162 | | 37 | $22,154 | 110 |
| Family Heritage | 24,279 | | 31 | | 21,476 | | 39 | 2,803 | 13 |
| Liberty National | 7,031 | | 9 | | 7,045 | | 13 | (14) | — |
| American Income | 4,300 | | 5 | | 4,767 | | 9 | (467) | (10) |
| Direct to Consumer | 1,575 | | 2 | | 1,089 | | 2 | 486 | 45 |
First 8 of 9 rows. The CSV has all of them.
Table 89 after “Below is the average producing agent count for the three months ended March 31, 2026 and 2025 for the Family Heritage Division. The average ”
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| At March 31, | Change | | | | | |
| 2026 | 2025 | | Amount | % | | |
| Family Heritage | 1,561 | | 1,417 | | | 144 | 10 |
Table 90 after “(Dollar amounts in thousands, except for per share data)”
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| Three Months Ended March 31, | Change | | | | | |
| 2026 | 2025 | | Amount | % | | |
| Net investment income | $289,824 | | $280,614 | | | $9,210 | 3 |
| Interest on policy liabilities(1) | (253,170) | | (244,744) | | | (8,426) | 3 |
| Excess investment income | $36,654 | | $35,870 | | | $784 | 2 |
| Excess investment income per diluted share | $0.46 | | $0.42 | | | $0.04 | 10 |
| Mean invested assets (at amortized cost) | $21,787,902 | | $21,435,420 | | | $352,482 | 2 |
| Average insurance policy liabilities | 18,364,274 | | 17,620,769 | | | 743,505 | 4 |
Table 91 after “(Dollar amounts in thousands, except for per share data)”
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| Three Months Ended March 31, | | | | | |
| 2026 | 2025 | | | | |
| Amount | Per Share | | Amount | Per Share | |
| Fixed maturities: | | | | | | |
| Sales | $197 | | $— | | $11 | $— |
| Matured or other redemptions(1) | (763) | | (0.01) | | 612 | 0.01 |
| Provision for credit losses | — | | — | | 32 | — |
| Fair value option—change in fair value | 4,401 | | 0.05 | | 1,873 | 0.02 |
First 8 of 13 rows. The CSV has all of them.
| Three Months Ended March 31, | | |
| 2026 | 2025 | |
| Cost of acquisitions: | | | |
| Investment-grade corporate securities | $376,015 | | $236,723 |
| Investment-grade municipal securities | 24,267 | | 1,000 |
| Other securities | 18,471 | | 7,122 |
| Total fixed maturity acquisitions(1) | $418,753 | | $244,845 |
| Effective annual yield (one year compounded)(2) | 6.23% | | 6.41% |
First 8 of 11 rows. The CSV has all of them.
| Three Months Ended March 31, | | |
| 2026 | 2025 | |
| Commercial mortgage loans: | | | |
| Directly held | $58,519 | | $35,621 |
| Limited partnerships | — | | 103 |
| Total commercial mortgage loans | 58,519 | | 35,724 |
| Other long-term investments: | | | |
| Limited partnerships | 11,453 | | 15,728 |
First 8 of 12 rows. The CSV has all of them.
Table 94 after “Fixed Maturity Portfolio Selected Information”
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| At | | |
| March 31, 2026 | December 31, 2025 | March 31, 2025 |
| Average annual effective yield(1) | 5.30% | 5.29% | 5.26% |
| Average life, in years, to: | | | |
| Next call(2) | 15.8 | 15.2 | 15.3 |
| Maturity(2) | 19.8 | 19.4 | 19.4 |
| Effective duration to: | | | |
| Next call(2,3) | 8.7 | 8.7 | 8.8 |
First 8 of 9 rows. The CSV has all of them.
| Below Investment Grade | | Total Fixed Maturities | | % of Total Fixed Maturities | | | | | | | | | | | | |
| Amortized Cost, net | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | | Amortized Cost, net | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | | At Amortized Cost, net | At Fair Value | | | | | |
| Corporates: | | | | | | | | | | | | | | | | | |
| Financial | | | | | | | | | | | | | | | | | |
| Insurance - life, health, P&C | $7,968 | | $77 | | $— | | $8,045 | | | $2,960,137 | | $55,374 | $(208,302) | $2,807,209 | 16 | | 16 |
| Banks | 60,229 | | 338 | | (2,014) | | 58,553 | | | 929,198 | | 23,080 | (46,604) | 905,674 | 5 | | 5 |
| Other financial | 74,975 | | — | | (15,206) | | 59,769 | | | 1,166,746 | | 12,947 | (145,859) | 1,033,834 | 6 | | 6 |
| Total financial | 143,172 | | 415 | | (17,220) | | 126,367 | | | 5,056,081 | | 91,401 | (400,765) | 4,746,717 | 27 | | 27 |
First 8 of 28 rows. The CSV has all of them.
| Below Investment Grade | | Total Fixed Maturities | | % of Total Fixed Maturities | | | | | | | | | | | | |
| Amortized Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | | Amortized Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | | At Amortized Cost, net | At Fair Value | | | | | |
| Corporates: | | | | | | | | | | | | | | | | | |
| Financial | | | | | | | | | | | | | | | | | |
| Insurance - life, health, P&C | $7,978 | | $119 | | $— | | $8,097 | | | $2,898,137 | | $80,468 | $(175,533) | $2,803,072 | 16 | | 16 |
| Banks | 60,268 | | 278 | | (2,738) | | 57,808 | | | 916,529 | | 31,873 | (37,643) | 910,759 | 5 | | 5 |
| Other financial | 74,975 | | — | | (7,670) | | 67,305 | | | 1,167,521 | | 21,764 | (120,790) | 1,068,495 | 6 | | 6 |
| Total financial | 143,221 | | 397 | | (10,408) | | 133,210 | | | 4,982,187 | | 134,105 | (333,966) | 4,782,326 | 27 | | 27 |
First 8 of 28 rows. The CSV has all of them.
| Amortized Cost, net | % of Total | | Fair Value | % of Total | Average Composite Quality Rating on Amortized Cost, net | | |
| Investment grade: | | | | | | | | |
| AAA | $965,197 | | 5 | | $875,560 | | 5 | |
| AA | 3,493,145 | | 18 | | 2,952,055 | | 17 | |
| A | 6,304,310 | | 33 | | 5,928,237 | | 33 | |
| BBB+ | 3,244,712 | | 17 | | 3,064,642 | | 17 | |
| BBB | 3,514,131 | | 18 | | 3,310,161 | | 19 | |
| BBB- | 1,098,002 | | 6 | | 1,006,483 | | 6 | |
First 8 of 16 rows. The CSV has all of them.
| Amortized Cost, net | % of Total | | FairValue | % of Total | Average Composite Quality Rating on Amortized Cost | | |
| Investment grade: | | | | | | | | |
| AAA | $955,561 | | 5 | | $872,139 | | 5 | |
| AA | 3,455,082 | | 18 | | 2,941,349 | | 16 | |
| A | 6,016,228 | | 32 | | 5,778,006 | | 33 | |
| BBB+ | 3,133,353 | | 17 | | 3,007,623 | | 17 | |
| BBB | 3,717,938 | | 20 | | 3,554,535 | | 20 | |
| BBB- | 1,017,673 | | 5 | | 966,681 | | 6 | |
First 8 of 16 rows. The CSV has all of them.
| Three Months Ended March 31, | | |
| 2026 | 2025 | |
| Balance at beginning of period | $521,332 | | $529,120 |
| Downgrades by rating agencies | — | | 5,074 |
| Upgrades by rating agencies | — | | (30,555) |
| Dispositions | (16,026) | | (916) |
| Acquisitions | 4,455 | | 4,024 |
| Provision for credit losses | — | | 36 |
First 8 of 10 rows. The CSV has all of them.
Table 100 after “(Dollar amounts in thousands)”
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| Three Months Ended March 31, | Increase | | | | | | | | | | |
| 2026 | 2025 | | (Decrease) | | | | | | | | |
| Amount | % of Premium | | Amount | | % of Premium | Amount | % | | | | |
| Insurance administrative expenses: | | | | | | | | | | | | |
| Salaries | $35,379 | | 2.8 | | | $33,688 | | 2.8 | | $1,691 | | 5 |
| Other employee costs | 13,771 | | 1.1 | | | 10,301 | | 0.9 | | 3,470 | | 34 |
| Information technology costs | 21,872 | | 1.7 | | | 20,936 | | 1.7 | | 936 | | 4 |
| Legal costs | 3,192 | | 0.2 | | | 6,249 | | 0.5 | | (3,057) | | (49) |
First 8 of 15 rows. The CSV has all of them.
Table 101 after “(Amounts in thousands, except per share data)”
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| Three Months Ended March 31, | | | | | | | | | |
| 2026 | 2025 | | | | | | | | |
| Purchases with: | Shares | Amount | | Average Price | Shares | Amount | | Average Price | | |
| Excess cash flow at the Parent Company(1) | 1,440 | | $203,403 | | $141.24 | | 1,451 | | $176,546 | $121.70 |
| Option exercise proceeds | 245 | | 35,203 | | 143.50 | | 700 | | 86,624 | 123.76 |
| Total | 1,685 | | $238,606 | | $141.57 | | 2,151 | | $263,170 | $122.37 |
Table 102 after “An important source of Parent Company liquidity is the dividends from its insurance subsidiaries. These dividends are received throughout th”
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| Three Months Ended March 31, | Twelve Months Ended December 31, | | | | |
| 2026 | 2025 | | Projected 2026 | 2025 | |
| Liquidity Sources: | | | | | | |
| Dividends from Subsidiaries | $115,390 | | $23,260 | | $700,000—$740,000 | $815,741 |
| Excess Cash Flows(1) | 97,019 | | 196,678 | | 650,000—700,000 | 890,311 |
Table 103 after “(Dollar amounts in thousands)”
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| At | | | | |
| March 31, 2026 | December 31, 2025 | | March 31, 2025 | |
| Balance of commercial paper at end of period (par value) | $459,250 | | $306,000 | | $409,500 |
| Annualized interest rate | 4.02% | | 4.05% | | 5.13% |
| Letters of credit outstanding | $115,000 | | $115,000 | | $115,000 |
| Remaining amount available under credit line | 425,750 | | 579,000 | | 475,500 |
Table 104 after “(Dollar amounts in thousands)”
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| Three Months Ended March 31, | | |
| 2026 | 2025 | |
| Average balance of commercial paper outstanding during period (par value) | $373,981 | | $478,950 |
| Daily-weighted average interest rate (annualized) | 3.98% | | 5.08% |
| Maximum daily amount outstanding during period (par value) | $559,250 | | $605,500 |
Table 105 after “(Dollar amounts in thousands)”
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| Instrument | Issue Date | | Maturity Date | Coupon Rate | Interest Payment Dates | | Par Value | Book Value | | Fair Value | |
| Senior notes | 09/27/2018 | | 09/15/2028 | 4.550% | semiannual | | $550,000 | | $547,945 | | $549,104 |
| Senior notes | 08/21/2020 | | 08/15/2030 | 2.150% | semiannual | | 400,000 | | 397,725 | | 359,252 |
| Senior notes(1) | 05/19/2022 | | 06/15/2032 | 4.800% | semiannual | | 250,000 | | 246,802 | | 247,225 |
| Senior notes | 08/23/2024 | | 09/15/2034 | 5.850% | semiannual | | 450,000 | | 445,325 | | 463,991 |
| Junior subordinated debentures | 11/17/2017 | | 11/17/2057 | 5.275% | semiannual | | 125,000 | | 123,466 | | 108,704 |
| Junior subordinated debentures | 06/14/2021 | | 06/15/2061 | 4.250% | quarterly | | 325,000 | | 317,494 | | 200,200 |
| Term loan(2) | 05/11/2023 | | 08/15/2027 | 5.127% | quarterly | | 250,000 | | 249,018 | | 249,018 |
First 8 of 15 rows. The CSV has all of them.
Table 106 after “(Dollar amounts in thousands)”
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| Three Months Ended March 31, | Increase (Decrease) | | | | | |
| 2026 | 2025 | | Amount | % | | |
| Interest on funded debt | $23,650 | | $23,553 | | | $97 | — |
| Interest on term loans | 3,411 | | 3,889 | | | (478) | (12) |
| Interest on short-term debt | 4,649 | | 7,550 | | | (2,901) | (38) |
| Other | 2,290 | | — | | | 2,290 | |
| Financing costs | $34,000 | | $34,992 | | | $(992) | (3) |
Table 107 after “Purchases of Certain Equity Securities by the Issuer and Others for the First Quarter of 2026”
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| Period | (a) Total Numberof SharesPurchased | (b) AveragePrice PaidPer Share | | (c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | (d) Maximum Numberof Shares (orApproximate DollarAmount) that MayYet Be PurchasedUnder the Plans orPrograms | |
| January 1-31, 2026 | 498,473 | | $139.73 | | 498,473 | — |
| February 1-28, 2026 | 510,262 | | 144.21 | | 510,262 | — |
| March 1-31, 2026 | 676,673 | | 140.94 | | 676,673 | — |
| Exhibit No. | Description |
| 10.1 | Globe Life Inc. 2026 Incentive Plan |
| 31.1 | Rule 13a-14(a)/15d-14(a) Certification by J. Matthew Darden |
| 31.2 | Rule 13a-14(a)/15d-14(a) Certification by Frank M. Svoboda |
| 31.3 | Rule 13a-14(a)/15d-14(a) Certification by Thomas P. Kalmbach |
| 32.1 | Section 1350 Certification by J. Matthew Darden, Frank M. Svoboda, and Thomas P. Kalmbach |
| 101.INS | XBRL Instance Document- the instance document does not appear in the Interactive Data file because the XBRL tags are embedded within the Inline XBRL document. |
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document. |
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