Globe Life: An insurance holding company

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Here I would like to introduce you to some unfamiliar companies that you may probably haven't heard of, and hope it can be of some help to your investments.

The company I'm going to introduce this time is $Globe Life Inc.(GL)$.

It went public on 31th December 1980.

[Company Profile]

Globe Life Inc. was incorporated in 1979 in Delaware, USA, as an insurance holding company. The company's insurance subsidiaries prepare a variety of non-participating general life insurance products, including traditional and rate-sensitive whole life, term life and other life insurance.

The company also offers additional limited benefit health insurance products, primarily including cancer and accident prognosis.

[History & Events]

1900: The original core of Globe Life,Liberty National Life Insurance Companywas founded in 1900 as the Heralds of Liberty, a fraternal benefit society.

1980: Liberty National acquired Globe Life And Accident Insurance Company and formed the holding company, Torchmark Corporation.

1981: TMK acquiredUnited Investors Life Insurance Company(UIL), United American Insurance Company, and Waddell and Reed Financial.

1994: TMK acquired American Income Life Insurance Company.

1998: TMK spun offWaddell and Reed Financial, a mutual fund subsidiary.

2006: TMK began moving its headquarters fromBirmingham, ALto McKinney, TX.

2010: TMK sold United Investors Life Insurance Company (UIL) toProtective Life Corporation.

2012: TMK acquired Family Heritage Life Insurance Company of America (FHL).

2014: TMK purchased the naming rights of Globe Life Park in Arlington, formerly Rangers Ballpark in Arlington, the home ofMajor League Baseball'sTexas Rangers Baseball Clublocated inArlington, TX.

2019: Torchmark Corporation was renamed to Globe Life and its ticker symbol changed from "TMK" to "GL".

[Main Business Segments]

[Net Income & Total Revenue]

[Competitors]

$Aflac Inc(AFSD)$

$Lincoln National(LNC)$

$Cincinnati(CINF)$

$Old Republic(ORI)$

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