Globe Life (GL) 10-Q/A 2010 Q1 Quarterly report (amended)

Exhibit 12. Statement re computation of ratios

TORCHMARK CORPORATION

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollar amounts in thousands)

	Three Months Ended March 31,
	2010		2009
Earnings:
Pre-tax earnings	$	183,435	$	126,296
Fixed charges		39,562		34,305
Earnings before fixed charges	$	222,997	$	160,601
Fixed charges:
Interest expense*		18,724		15,529
Amortization of bond issue costs		213		135
Interest credited for deposit products		20,203		17,858
Estimated interest factor of rental expense		422		783
Total fixed charges	$	39,562	$	34,305
Ratio of earnings to fixed charges		5.6		4.7
Rental expense	$	1,280	$	2,373
Estimated interest factor of rental expense (33%)	$	422	$	783

* There was no interest capitalized in any period indicated.