Globe Life Q3 Net Income Rises 38% on Strong Life Health Underwriting

Globe Life Inc. reported strong third-quarter 2025 financial results, with net operating income rising 38% year over year to $4.81 per share, driven by growth in life and health insurance underwriting income. Total insurance premium revenue increased to $1.23 billion, with life premiums up 3% and health premiums up 9%, supported by robust sales from divisions like American Income Life, Liberty National, Family Heritage, and Direct to Consumer. Life insurance accounted for the majority of underwriting margins, which rose 24%, while health underwriting margins increased 25%. Investment income remained stable at $286 million, reflecting consistent returns from the company's predominantly investment-grade portfolio. The company's disciplined underwriting, flexible product offerings, and steady investment performance have contributed to a 22% stock price gain in 2025, with analysts maintaining Buy ratings and optimistic price targets based on Globe Life's strong earnings growth and promising outlook. Overall, Globe Life's results highlight sustained consumer demand for insurance amid favorable economic conditions, reinforcing its position as a reliable investment in the financial sector.