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Globe Life (BSP:G1LL34) Cash, Cash Equivalents, Marketable Securities


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What is Globe Life Cash, Cash Equivalents, Marketable Securities?

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Globe Life (BSP:G1LL34) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Globe Life Inc (BSP:G1LL34) » Definitions » Cash, Cash Equivalents, Marketable Securities
Traded in Other Exchanges
Address
3700 South Stonebridge Drive, McKinney, TX, USA, 75070
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.