Torchmark Corporation
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| Public | |
| Traded as | : TMK S&P 500 Component |
| Industry | Life insurance |
| Founded | 1900 in Birmingham, Alabama, U.S. |
| Headquarters | McKinney, Texas |
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Key people
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Gary Coleman and Larry Hutchison (CEO) |
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| Total assets |
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| Total equity |
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Number of employees
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2,360 |
| Website | https://www.torchmarkcorp.com |
US$ 3,771.938 million (2013) 
US$ 528.472 million (2013) Torchmark Corporation, founded in 1900 in Birmingham, Alabama and based in McKinney, Texas, is a financial services holding company listed on the New York Stock Exchange which operates through its wholly owned subsidiaries providing life insurance, annuity, and supplemental health insurance products. Torchmark Corporation markets insurance products using multiple distribution channels, which include direct response, exclusive Agency, and independent systems. The company maintains a large operation in Birmingham, Alabama.
The original core of Torchmark, Liberty National Life Insurance Company, was founded in 1900 as the Heralds of Liberty, a fraternal benefit society. Liberty National was headquartered in Birmingham, Alabama until 2006 when it moved to McKinney, Texas along with the parent company.
In 1980, Liberty National acquired Globe Life And Accident Insurance Company and formed the holding company, Torchmark Corporation.
In 1981, TMK acquired United Investors Life Insurance Company (UIL), United American Insurance Company, and Waddell and Reed Financial.
In 1992, TMK was added to the S&P 500 Index of the largest publicly traded companies in the United States.
In 1994, TMK acquired American Income Life Insurance Company;
In 1998, TMK spun off Waddell and Reed Financial, a mutual fund subsidiary.
In 2006, TMK began moving its headquarters from Birmingham, AL to McKinney, TX.
In 2010, TMK sold United Investors Life Insurance Company (UIL) to Protective Life Corporation.
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Wikipedia