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Globe Life (STU:TMJ) Net Investment Income : €803 Mil (As of Mar. 2024)


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What is Globe Life Net Investment Income?

Net investment income is the income earned by insurance companies through investments.Globe Life's net investment income for the three months ended in Mar. 2024 was €26 Mil. Its net investment income for the trailing twelve months (TTM) ended in Mar. 2024 was €803 Mil.

Globe Life's quarterly net investment income declined from Sep. 2023 (€312 Mil) to Dec. 2023 (€256 Mil) and declined from Dec. 2023 (€256 Mil) to Mar. 2024 (€26 Mil).

Globe Life's annual net investment income increased from Dec. 2021 (€870 Mil) to Dec. 2022 (€909 Mil) and increased from Dec. 2022 (€909 Mil) to Dec. 2023 (€976 Mil).

Globe Life Net Investment Income Historical Data

The historical data trend for Globe Life's Net Investment Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Globe Life Net Investment Income Chart

Globe Life Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Investment Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 820.54 760.15 869.57 908.92 976.49

Globe Life Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Investment Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.55 209.27 311.84 255.97 26.19

Globe Life Net Investment Income Calculation

Income earned by insurance companies through investments. Insurance companies usually invest the float they received in stocks or bonds to generate additional income before the premium is paid to cover insurance losses.

Net Investment Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €803 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Globe Life (STU:TMJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Globe Life Inc (STU:TMJ) » Definitions » Net Investment Income
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PRI JXN LNC FG UNM CNO GNW BHF NWLI ABL SHSE:601318 SHSE:601628 HKSE:01299 BOM:543526 MET AFL TSX:MFC PRU SHSE:601601 TPE:2881
Traded in Other Exchanges
GL:USA
Address
3700 South Stonebridge Drive, McKinney, TX, USA, 75070
Website
https://www.globelifeinsurance.com
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.

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