Globe Life Q1 2022 Earnings Report
Key Takeaways
Globe Life Inc. reported a decrease in net income per diluted common share to $1.64, compared to $1.70 in the year-ago quarter. However, net operating income per diluted common share increased to $1.70, up from $1.53 in the same quarter last year. The company experienced growth in life and health premiums, as well as total life and health net sales.
Net income as an ROE was 8.5%.
Net operating income as an ROE excluding net unrealized gains on fixed maturities was 11.5%.
Life premiums increased 10% at the American Income Life Division and 7% at the Liberty National Division.
Total health premiums increased 8%.
Globe Life
Globe Life
Globe Life Revenue by Segment
Forward Guidance
Globe Life projects net operating income per share to be in the range of $7.85 to $8.25 for the year ending December 31, 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income