UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2007
Check here if Amendment [ ] Amendment Number:
This Amendment (Check only one):
[ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Torchmark Corporation
Address: 3700 South Stonebridge Drive
McKinney, Texas 75070
Form 13F File Number: 28-1112
The institutional investment manager filing this report and the person by
whom it is signed hereby represent that the person signing the report is
authorized to submit it, that all information contained herein is true,
correct and complete, and that it is understood that all required items,
statements, schedules, lists and tables are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Reporting Manager:
Name: Carol A. McCoy
Title: Vice President, Associate Counsel & Secretary
Phone: 205-325-4243
Signature, Place and Date of Signing:
================================================================================
/s/ Carol A. McCoy
--------------------------------------------------------------------------------
(Signature)
Birmingham, AL
November 14, 2007
Report Type (Check only one):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reporting are in this report and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reporting by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 24
Form 13F Information Table Value Total:
$ 126,018 (thousands)
---------
List of Other Included Managers: None
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is
filed, other than the manager filing this report. [If there are no entries
in this list, state "NONE" and omit the column headings and list entries.]
FORM 13F INFORMATION TABLE
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
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Voting
Name of Title of Value Shrs or SH/ Put/ Investment Other authority
Issuer Class CUSIP (x $1000) prn amt PRN Call Discretion Managers Sole Shared None
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1 Allstate Corp Common 020002101 14,383 251,500 SH Sole X
2 Ambac Finl Grp Inc. Common 023139108 8,430 134,000 SH Sole X
3 Anadarko Petroleum
Corp Common 032511107 7,525 140,000 SH Sole X
4 Arcelor Mittal Common 03937E101 3,840 49,000 SH Sole X
5 Argonaut Group Inc Common 040157109 508 16,289 SH Sole X
6 Bank of America
Corp Common 060505104 12,085 240,400 SH Sole X
7 CIT Group Inc Common 125581108 1,166 29,000 SH Sole X
8 Cummins Inc. Common 231021106 2,302 18,000 SH Sole X
9 Encana Corp Common 292505104 6,667 107,800 SH Sole X
10 General Maritime
Corp Common Y2692M103 8,373 300,000 SH Sole X
11 Hartford Finl Svc Grp
Inc Common 416515104 3,415 36,900 SH Sole X
12 Argo Group
International
Holdings Ltd Common G0464B107 460 10,561 SH Sole X
13 American Eagle
Outfitters Inc Common 02553E106 526 20,000 SH Sole X
14 Lowe's Cos Inc Common 54861107 3,629 129,500 SH Sole X
15 MBIA Inc Common 55262C100 10,281 168,400 SH Sole X
16 Methanex Corp Common 59151K108 5,728 225,500 SH Sole X
17 American Express Co Common 025816109 297 5,000 SH Sole X
18 PMI Group Inc (The) Common 69344M101 2,900 88,700 SH Sole X
19 Safeco Corp Common 786429100 13,940 227,700 Sole X
20 Seaboard Corp Common 811543107 2,691 1,373
21 Steel Dynamics Inc. Common 858119100 8,359 179,000 SH Sole X
22 Torchmark Corp Common 891027104 3,988 64,000 SH Sole X
23 US Bancorp Common 902973304 3,956 121,600 SH Sole X
24 Westlake Chemical
Corp Common 960413102 866 34,200 SH Sole X