GLOBE LIFE INC
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
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Schedule IV
SCHEDULE IV. REINSURANCE (CONSOLIDATED)
(Dollar Amounts in thousands)
| GrossAmount | Cededto OtherCompanies(1) | Assumedfrom OtherCompanies | NetAmount | Percentageof AmountAssumedto Net | |
|---|---|---|---|---|---|
| Life insurance in force | $225,286,002 | $685,289 | $1,996,223 | $226,596,936 | 0.9 |
| Premiums(2): | |||||
| Life insurance | $3,109,838 | $4,597 | $19,104 | $3,124,345 | 0.6 |
| Health insurance | 1,281,720 | 2,720 | 39,773 | 1,318,773 | 3.0 |
| Total premium | $4,391,558 | $7,317 | $58,877 | $4,443,118 | 1.3 |
| Life insurance in force | $222,098,389 | $662,569 | $2,172,728 | $223,608,548 | 1.0 |
| Premiums(2): | |||||
| Life insurance | $2,999,637 | $4,361 | $19,009 | $3,014,285 | 0.6 |
| Health insurance | 1,238,498 | 3,091 | 47,010 | 1,282,417 | 3.7 |
| Total premium | $4,238,135 | $7,452 | $66,019 | $4,296,702 | 1.5 |
| Life insurance in force | $217,350,660 | $648,766 | $2,371,163 | $219,073,057 | 1.1 |
| Premiums(2): | |||||
| Life insurance | $2,864,473 | $4,286 | $19,502 | $2,879,689 | 0.7 |
| Health insurance | 1,191,773 | 3,312 | 12,421 | 1,200,882 | 1.0 |
| Total premium | $4,056,246 | $7,598 | $31,923 | $4,080,571 | 0.8 |
(1)No amounts have been netted against ceded premium.
(2)Excludes policy charges of $12.9 million, $13.5 million, and $14.2 million in each of the years 2023, 2022, and 2021, respectively.
See accompanying Report of Independent Registered Public Accounting Firm.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.