For the full year, we expect administrative expenses to grow around 11% and be around 7% of premium, due primarily to higher IT and information security costs, employee costs, an increase in travel and facilities costs, and the addition of the Globe Life Benefits Division.
Jul 28, 2022 / CEO / receipt, needs a key / Gary Coleman, CEO | earnings call 2022-07-28 | transcript 75638877-e6d9-4a31-8058-2562c9a2aa34 | chars 2499-2772 | segment 2
That's due primarily to higher IT and information security costs, employee costs, a gradual increase in travel and facility costs, and the addition of the GloBlock benefits division.
Apr 21, 2022 / CEO / receipt, needs a key / Gary Coleman, CEO | earnings call 2022-04-21 | transcript e991c5d2-eeb4-4853-82e5-ffd3cfaebd11 | chars 2660-2842 | segment 2
In 2022, we expect administrative expenses to grow 9% to 10% and be around 6.8% of premium, due primarily to higher IT and information security costs, employee costs, a gradual increase in travel and facilities costs, and the addition of Globe Life benefits division.
Feb 3, 2022 / CEO / receipt, needs a key / Gary Coleman, CEO | earnings call 2022-02-03 | transcript 8b3d56f5-590d-4d07-8c44-1a47d9f7ff71 | chars 3399-3666 | segment 3
For the full year, we expect administrative expenses to grow 7% to 8%, and be around 6.7% of premium due primarily to higher pension costs, IT and information security costs, as well as a gradual increase in travel and facilities costs.
Apr 22, 2021 / CEO / receipt, needs a key / Gary Coleman, CEO | earnings call 2021-04-22 | transcript 435759a7-37cd-4df5-92bb-e797f73b0db6 | chars 2890-3126 | segment 3
In 2021, we expect administrative expenses to grow 7% to 8% and be around 6.7% of premium due primarily to higher pension costs, higher IT and information security costs, and a gradual increase in travel and facilities costs.
Feb 3, 2021 / CEO / receipt, needs a key / Gary Coleman, CEO | earnings call 2021-02-03 | transcript 28ce8093-7c07-439c-8b15-c62ed667d742 | chars 2734-2959 | segment 2