Globe Life Inc.
Globe Life Inc. is a financial services holding company headquartered in McKinney, Texas. Founded in 1900, the company owns and operates a group of insurance businesses primarily focused on life and supplemental health insurance. Globe Life Inc. is publicly traded and employs approximately 3,500 people, serving individuals and families across a broad swath of the United States. The firm’s subsidiaries and affiliates underwrite and administer a range of life and health insurance products and are managed to prioritize conservative financial practices.
Investment Strategy
Globe Life Inc. manages its insurance investment portfolio with a conservative approach, focusing on long-term, fixed-income securities to support its insurance liabilities. The company seeks to generate stable, predictable investment income while emphasizing risk management and asset-liability matching. Its strategy prioritizes credit quality, diversity of issuers, and duration management to ensure claims-paying ability and regulatory compliance. The firm invests mainly in high-quality fixed maturities, such as government and corporate bonds, to maintain liquidity and capital preservation required for its insurance obligations.
Top Holdings
Equity Positions (2)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VOO | VANGUARD INDEX FDS | 90.13% | $329.0M | 579,183 | $222.80 | $568.03 | +$24.8M |
V VCLT | VANGUARD SCOTTSDALE FDS | 9.87% | $36.0M | 474,500 | $76.02 | $75.90 | -$4.7K |