Thanks, Gary.
X.X repurchased few fourth Life million shares spend and share In quarter program, $XX.XX. discussing The minutes total want an a price of fourth liquid a the to assets position. our average repurchase liquidity at share capital stock I the cost with company ended million. Globe of the common $XXX of $XXX at First, Inc. quarter, approximately of available million
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as that cash repurchases to we will available We flows provide over continue previous As of shareholders will cash return use the believe alternatives. to our shareholder or calls, other still use share we possible. primary our excess best noted after as yield on be parent's efficiently payment of the a dividends. Thus, repurchases anticipate the share
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XX,XXX pandemic. counts The at of since XXXX. claims roughly fourth vast XXXX Income U.S. or in $X or from come X.X% our in low claims COVID $XX approximately To year National direct-to-consumer policies per its X% policies $XX sold levels incurred XX XX.X% premium million quarter, the ago million include quarter date, approximately the policies quarter the in deaths. fourth income, XX% American our approximately quarter approximately COVID life the at issued and we of $XX more approximately or for have COVID For XX.X% million The division of million Liberty and on issued its of its and start claims premium. XXXX, experienced averaged majority, premium full of losses fourth years than claim of from
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ago, life for expect the will for GAAP of transition new many impact including likely duration While portion that issued will guidance, AOCI the their long date as and underwriting and we insurance years to Globe strong of subject guidance companies, many equity, with the new be lower reserves Globe, other the amplified companies like have substantial a on liabilities policies business policy margins.
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