Globe Life Inc. (formerly Torchmark Corporation) has released a comprehensive review of its operations, showing positive momentum in core business activities, including sales and premium growth. The primary life insurance segment demonstrated increased underwriting margin, supported by premium expansion and favorable changes in assumptions related to mortality and lapse experience. The company maintains its commitment to utilizing excess cash flow for an ongoing share repurchase program and actively manages its large portfolio of investments intended to support long-term policy obligations.
 
• The company's predominant life insurance segment remains the largest contributor to profitability, showing benefits from continued favorable policyholder experience
 
• Management executed a real estate acquisition in McKinney, Texas, aimed at supporting company growth and efficiency through centralized operations and enhanced technological infrastructure
 
• The company is rigorously defending against multiple legal challenges, including putative securities class action and shareholder derivative lawsuits related to prior corporate disclosures

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