Business Segments (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Premium Income by Distribution Channel

The following tables present segment premium revenue by each of Globe Life's distribution channels.

	Premium Income by Distribution Channel
	Three Months Ended March 31, 2024
	Life			Health			Annuity			Total
Distribution Channel	Amount		% of Total	Amount		% of Total	Amount		% of Total	Amount		% of Total
American Income	$	414,044	52	$	30,497	9	$	—	—	$	444,541	39
Direct to Consumer	248,040		31	17,866		5	—		—	265,906		23
Liberty National	90,777		11	47,630		14	—		—	138,407		12
United American	1,843		—	141,635		42	—		—	143,478		13
Family Heritage	1,616		—	103,391		30	—		—	105,007		9
Other	47,945		6	—		—	—		—	47,945		4
	$	804,265	100	$	341,019	100	$	—	—	$	1,145,284	100

	Three Months Ended March 31, 2023
	Life			Health			Annuity			Total
Distribution Channel	Amount		% of Total	Amount		% of Total	Amount		% of Total	Amount		% of Total
American Income	$	387,512	50	$	29,594	9	$	—	—	$	417,106	38
Direct to Consumer	247,667		32	17,248		5	—		—	264,915		24
Liberty National	85,203		11	46,972		15	—		—	132,175		12
United American	1,882		—	132,607		41	—		—	134,489		12
Family Heritage	1,480		—	96,072		30	—		—	97,552		9
Other	48,853		7	—		—	—		—	48,853		5
	$	772,597	100	$	322,493	100	$	—	—	$	1,095,090	100

Schedule of Reconciliation of Segment Operating Information to Consolidated Statement of Operations

The following tables set forth a reconciliation of Globe Life's revenues and operations by segment to its major income statement line items. See Note 1—Significant Accounting Policies for additional information concerning reconciling items of segment profits to pretax income.

	Three Months Ended March 31, 2024
	Life		Health		Annuity		Investment		Corporate & Other		Adjustments			Consolidated
Revenue:
Premium	$	804,265	$	341,019	$	—	$	—	$	—	$	—		$	1,145,284
Net investment income	—		—		—		282,578		—		—			282,578
Other income	—		—		—		—		76		—			76
Total revenue	804,265		341,019		—		282,578		76		—			1,427,938
Expenses:
Policy benefits	519,871		202,327		6,127		3,468		—		—			731,793
Required interest on reserves	(199,707)		(27,173)		(8,445)		235,325		—		—			—
Amortization of acquisition costs	85,768		13,311		399		—		—		—			99,478
Commissions, premium taxes, and non-deferred acquisition costs	89,322		58,784		4		—		—		—			148,110
Insurance administrative expense(1)	—		—		—		—		80,411		—			80,411
Parent expense	—		—		—		—		2,826		710		(2)	3,536
Stock-based compensation expense	—		—		—		—		9,267		—			9,267
Interest expense	—		—		—		—		28,621		—			28,621
Total expenses	495,254		247,249		(1,915)		238,793		121,125		710			1,101,216
Subtotal	309,011		93,770		1,915		43,785		(121,049)		(710)			326,722
Non-operating items	—		—		—		—		—		710		(2)	710
Measure of segment profitability (pretax)	$	309,011	$	93,770	$	1,915	$	43,785	$	(121,049)	$	—		327,432
Realized gains (losses)														(11,799)
Non-operating expenses														(710)
Income before income taxes per Condensed Consolidated Statements of Operations														$	314,923

(1)Administrative expense is not allocated to insurance segments.

(2)Non-operating expenses.

	Three Months Ended March 31, 2023
	Life		Health		Annuity		Investment		Corporate & Other		Adjustments		Consolidated
Revenue:
Premium	$	772,597	$	322,493	$	—	$	—	$	—	$	—	$	1,095,090
Net investment income	—		—		—		257,105		—		—		257,105
Other income	—		—		—		—		50		—		50
Total revenue	772,597		322,493		—		257,105		50		—		1,352,245
Expenses:
Policy obligations	507,977		190,962		7,541		1,447		—		—		707,927
Required interest on reserves	(189,821)		(26,323)		(10,259)		226,403		—		—		—
Amortization of acquisition costs	79,589		12,308		425		—		—		—		92,322
Commissions, premium taxes, and non-deferred acquisition costs	83,578		54,214		5		—		—		—		137,797
Insurance administrative expense(1)	—		—		—		—		73,907		—		73,907
Parent expense	—		—		—		—		2,585				2,585
Stock-based compensation expense	—		—		—		—		7,679		—		7,679
Interest expense	—		—		—		—		24,867		—		24,867
Total expenses	481,323		231,161		(2,288)		227,850		109,038		—		1,047,084
Subtotal	291,274		91,332		2,288		29,255		(108,988)		—		305,161
Non-operating items	—		—		—		—		—		—		—
Measure of segment profitability (pretax)	$	291,274	$	91,332	$	2,288	$	29,255	$	(108,988)	$	—	305,161
Realized gains (losses)													(30,927)
Income before income taxes per Condensed Consolidated Statements of Operations													$	274,234

(1)Administrative expense is not allocated to insurance segments.