Globe Life Inc - Company Profile

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Globe Life Inc: Segment Analysis

Business Description

Globe Life Inc (Globe Life) is an insurance holding company. The company, along with its subsidiaries, provides life insurance, health insurance, and annuity products. Its major end markets include working families and middle-income Americans. Globe Life operates through its subsidiaries including American Income Life Insurance Company, Liberty National Life Insurance Company, Globe Life and Accident Insurance Company, United American Insurance Company, and Family Heritage Life Insurance Company of America. Globe Life classifies its operations into five reportable segments: Life Insurance, Health Insurance, Annuity, Investments, and Other.

Business Segments

Overview

Offers single premium deferred annuities and flexible premium deferred annuities.

Performance

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Overview

Provides limited benefit supplemental health insurance products such as critical illness plans and accident plans, and Medicare supplements through its independent agents, direct response and exclusive agents.

Performance

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Overview

Offers a range of life insurance products such as traditional whole life insurance, interest-sensitive whole life insurance, other life insurance, and term life insurance. Markets these products through direct response, independent agents, and exclusive agents.

Performance

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Overview

Comprises the head office functions, and other activities not covered under any of the segments.

Performance

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Overview

Focuses on the management of the company’s capital resources such as investments and management of corporate debt and liquidity.

Performance

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