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Globe Life Inc. Announces Dual Listing on NYSE Texas
Prnewswire· 2025-08-14 13:00
About Globe Life: Globe Life (NYSE: GL) is headquartered in McKinney, TX, and has more than 16,000 insurance agents and 3,600 corporate employees. With a mission to Make Tomorrow Better, Globe Life and its subsidiary companies issue more life insurance policies and have more policyholders than any other life insurance company in the country, with more than 17 million policies in force (excluding reinsurance companies; as reported by S&P Global Market Intelligence 2024). Globe Life's insurance subsidiaries i ...
Ress Life Investments A/S publishes portfolio composition for Q2 2025
Globenewswire· 2025-08-07 15:05
Ress Life Investments A/SNybrogade 12DK-1203 CopenhagenDenmarkCVR nr. 33593163resslifeinvestments.com To: Nasdaq CopenhagenDate: 7 August 2025 Corporate Announcement 25/2025 Ress Life Investments A/S publishes portfolio composition for Q2 2025 Ress Life Investments A/S hereby publishes a portfolio overview for the benefit of the company’s shareholders. Questions related to this announcement can be made to the company’s AIF-manager, Resscapital AB. Contact person: Gustaf Hagerudgustaf.hagerud@resscapital.co ...
Globe Life Announces Closing of Department of Justice Investigation
Prnewswire· 2025-07-28 21:47
Core Insights - The U.S. Attorney's Office for the Western District of Pennsylvania has closed its investigation into Globe Life Inc. and American Income Life (AIL), indicating no enforcement action will be taken against them [1] Company Overview - Globe Life Inc. is headquartered in McKinney, Texas, and employs over 16,000 insurance agents and 3,600 corporate employees [2] - The company has issued more life insurance policies than any other life insurance company in the U.S., with over 17 million policies in force [2] - Globe Life's subsidiaries include American Income Life Insurance Company, Family Heritage Life Insurance Company of America, Globe Life And Accident Insurance Company, Liberty National Life Insurance Company, and United American Insurance Company [2]
Globe Life Announces Conclusion of SEC Investigation
Prnewswire· 2025-07-24 22:18
Group 1 - Globe Life Inc. received a letter from the SEC notifying that their investigation has concluded without recommending enforcement action against the company [1] - Globe Life is headquartered in McKinney, Texas, and employs over 16,000 insurance agents and 3,600 corporate employees [2] - The company has issued more life insurance policies than any other in the U.S., with over 17 million policies in force [2]
Ress Life Investments A/S to divest most of its current life insurance portfolio
Globenewswire· 2025-04-30 05:00
Core Viewpoint - Ress Life Investments A/S (RLI) has agreed to divest most of its current life insurance portfolio to a market counterparty at a price corresponding to the Net Asset Value (NAV) of the portfolio [1] Group 1: Transaction Details - The objective of the transaction is to enable RLI to purchase new policies and capitalize on attractive opportunities in the secondary market for US life insurance policies while providing short-term liquidity [2] - The transaction will be completed in separate quarterly tranches until the end of Q3 2026, with pre-agreed prices for each tranche [3] - RLI will maintain a percentage of the policy pay-outs until the completion of the last tranche, with the percentage depending on the number of tranches completed at the time of the pay-out [3] Group 2: Strategic Implications - The transaction structure allows RLI to reinvest the proceeds and purchase new policies as each tranche sale completes during 2025 and 2026, without needing to maintain an excessive liquidity reserve [4] - RLI continues to pursue its long-term strategy of building a diversified and resilient portfolio of US life insurance policies, a strategy in place since 2011 [4]