![]() ![]() Globe Life’s higher allocation to Class 2 bonds accounts for more than half of the bond portfolio, making Globe Life more susceptible to credit downgrades. Globe Life’s investment portfolio, which is managed on a consolidated basis, is primarily made up of public, investment grade bonds with an increasing allocation to Schedule BA assets. During 2021, Globe Life entered into a reinsurance agreement with New Reinsurance Company Ltd., a subsidiary of Munich Reinsurance Company, to manage its capital effectively reinsurance leverage is minimal. On a statutory basis, year-end capital & surplus increased, but was hampered by continued dividend payments to the parent company, Globe Life. Globe Life’s risk-based capital is assessed within the strong category, as measured by Best’s Capital Adequacy Ratio (BCAR), which is an improvement from the prior year’s capital assessment and is supportive of its balance sheet strength assessment. The ratings reflect Globe Life’s balance sheet strength, which AM Best assesses as strong, as well as its very strong operating performance, favorable business profile and appropriate enterprise risk management (ERM). (See below for a detailed listing of these companies and ratings). The outlook of these Credit Ratings (ratings) is stable. AM Best also has affirmed the associated Short- and Long-Term Issue Credit Ratings (Short-Term IR Long-Term IR) on the debt and indicative Long-Term IRs on the securities of Globe Life. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) of Globe Life. (Globe Life) (headquartered in McKinney, TX). All rights reserved.Managing Director, Strategy & CommunicationsĪM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the key life/health subsidiaries of Globe Life Inc. Terms of Use and Privacy Policy and Safety Information / Your California Privacy Rights are applicable to you. ![]() ^ Back to Top ^ © 2023 ESPN Internet Ventures. The last time it was in Texas was in 2004, at Minute Maid Park in Houston. This year's All-Star Game was held last week in Seattle. "We really felt a debt of gratitude to the club." "When you think back to that period of time, Texas, Arlington, Ray and the Rangers really stepped up in a moment in time that was difficult to host any even," Manfred said. MLB commissioner Rob Manfred said the Rangers' stadium is an "unbelievable state-of-the-art facility" and that the league feels a special affinity to the stadium and Texas owner Ray Davis for hosting that neutral-site postseason. ![]() The stadium hosted the 2020 World Series, with limited fans, after the National League Division Series and NL Championship Series were also played there. Globe Life Field opened in 2020, when the Rangers played their first season without fans because of the COVID-19 pandemic. "The All-Star experience has changed a lot since that game at The Ballpark in Arlington." "That Major League Baseball All-Star Game has grown into an entire week of activities," said Chuck Morgan, the longtime public address announcer for the Rangers. The logo for the July 16 game includes an outline of Texas and has All-Star punctuated with the state's emblematic star. Major League Baseball and the Rangers unveiled the logo Thursday for the 2024 All-Star Game at Globe Life Field, the retractable-roof stadium across the street from the open-air facility where the 1995 All-Star Game was played in extreme heat. Rangers, MLB unveil logo for All-Star Game at Globe Life FieldĪRLINGTON, Texas - The MLB All-Star Game has grown into a truly Texas-sized event since the last time the Rangers hosted the midsummer classic, and the countdown is on for next year's festivities. You have reached a degraded version of because you're using an unsupported version of Internet Explorer.įor a complete experience, please upgrade or use a supported browser ![]()
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