National Western Life Group, Inc., through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company. It operates through Domestic Life Insurance, International Life Insurance, Annuities, and Acquired Businesses segments. The company provides life insurance products for the savings and protection needs of policyholders; and annuity contracts for the asset accumulation and retirement needs of contract holders. Its life products include universal life insurance, interest-sensitive whole life insurance, and traditional products comprising term insurance coverage; and annuity products comprise flexible premium and single premium deferred annuities, equity-index annuities, and single premium immediate annuities. The company also engages in the real estate and other investment activities. It markets and distributes its insurance products primarily through independent national marketing organizations. The company was founded in 1956 and is based in Austin, Texas.
IPO Year:
Exchange: NASDAQ
Website: nwlgi.com
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AUSTIN, Texas, July 3, 2024 /PRNewswire/ -- National Western Life Group, Inc. ("National Western" or the "Company") (NASDAQ:NWLI), and Prosperity Life Group ("Prosperity Life Group") today announced that the previously announced acquisition of National Western by Prosperity Life Group company S. USA Life Insurance Company, Inc. ("SUSA") has received all required regulatory approvals. As a result, the transaction is expected to close no later than Thursday, July 11, 2024. At the closing, SUSA will acquire National Western in an all-cash merger transaction valued at approximatel
AUSTIN, Texas, May 9, 2024 /PRNewswire/ -- Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. (NASDAQ:NWLI), announced today first quarter 2024 consolidated net earnings of $73.6 million, or $20.82 per diluted share of Class A Common Stock, compared with consolidated net earnings of $12.3 million, or $3.48 per diluted share of Class A Common Stock for the first quarter of 2023. The Company's book value per share as of March 31, 2024 was $686.73. The Company's reported revenues for the quarter increased 29% to $197.
AUSTIN, Texas, Feb. 29, 2024 /PRNewswire/ -- Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. (NASDAQ:NWLI), announced today 2023 consolidated net earnings of $94.4 million, or $26.71 per diluted share of Class A Common Stock, compared with restated consolidated net earnings of $246.5 million, or $69.71 per diluted share of Class A Common Stock for 2022. The Company's book value per share as of December 31, 2023 was $670.99. The Company's reported results were prepared in accordance with the liability accounting
AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a" (Excellent) of National Western Life Insurance Company (NWLIC) (Centennial, CO). Concurrently, AM Best has placed under review with developing implications the FSR of A- (Excellent) and the Long-Term ICR of "a-" (Excellent) of Ozark National Life Insurance Company (Ozark) (Kansas City, MO). In addition, AM Best has placed under review with negative implications the Long-Term ICR of "bbb" (Good) of National Western Life Group, Inc. (National Western) (headquartered in Austin, TX) (NASDAQ:NWLI), the parent holding company
AUSTIN, Texas, Oct. 9, 2023 /PRNewswire/ -- National Western Life Group, Inc. ("National Western" or the "Company") (NASDAQ:NWLI), and Prosperity Life Group ("Prosperity Life Group") today announced the signing of a definitive Merger Agreement whereby S. USA Life Insurance Company, Inc. ("SUSA"), an affiliate of Prosperity Life Group, will acquire National Western in an all-cash transaction valued at approximately $1.9 billion (the "Merger Agreement"). As part of the agreement, each issued and outstanding share of National Western common stock will be converted into the right
AUSTIN, Texas, Aug. 8, 2023 /PRNewswire/ -- Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. (NASDAQ:NWLI), announced today second quarter 2023 consolidated net earnings of $29.6 million, or $8.38 per diluted share of Class A Common Stock, compared with restated consolidated net earnings of $96.5 million, or $27.30 per diluted share of Class A Common Stock, for the second quarter ended June 30, 2022. For the six months ended June 30, 2023, the Company reported consolidated net earnings of $41.9 million, or $11.86 per diluted share of Class A Common Stock, compared with $194.1 million, or $54.89 per diluted share of Class A Comm
AUSTIN, Texas, May 16, 2023 /PRNewswire/ -- National Western Life Group, Inc. (NASDAQ:NWLI) (the "Company" or "NWLGI") today announced that the Company is exploring strategic alternatives in order to maximize value for the Company's stockholders. The Company has engaged Goldman Sachs & Co. LLC as financial advisor to assist it with this strategic alternatives review process, and has established an ad hoc committee, consisting solely of independent directors, to oversee the process. No decision has been made to enter into a sale, merger or other strategic transaction, and ther
AUSTIN, Texas, May 15, 2023 /PRNewswire/ -- Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. (NASDAQ:NWLI), announced today first quarter 2023 consolidated net earnings of $12.3 million, or $3.48 per diluted share of Class A Common Stock, compared with restated consolidated net earnings of $97.6 million, or $27.59 per diluted share of Class A Common Stock, for the quarter ended March 31, 2022. The Company's book value per share as of March 31, 2023 increased to $634.27. Publicly traded life insurance companies we
AUSTIN, Texas, March 10, 2023 /PRNewswire/ -- Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. (NASDAQ:NWLI), announced today 2022 consolidated net earnings of $101.1 million, or $28.60 per diluted Class A common share, compared with consolidated net earnings of $180.7 million, or $51.10 per diluted Class A common share, for 2021. The Company's book value per share as of December 31, 2022 was $552.04. For the year ended December 31, 2022, the Company reported total revenues of $558.4 million compared to $824.1 mi
AUSTIN, Texas, Nov. 9, 2022 /PRNewswire/ -- Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. (NASDAQ:NWLI), announced today third quarter 2022 consolidated net earnings of $21.8 million, or $6.15 per diluted Class A common share, compared with consolidated net earnings of $39.8 million, or $11.27 per diluted Class A common share, for the third quarter of 2021. For the nine months ended September 30, 2022, the Company reported consolidated net earnings of $88.7 million, or $25.09 per diluted Class A common share, compared with $151.9 million, or $42.95 per diluted Class A common share, a year ago. The Company's book value per sh
4 - National Western Life Group, Inc. (0001635984) (Issuer)
4 - National Western Life Group, Inc. (0001635984) (Issuer)
4 - National Western Life Group, Inc. (0001635984) (Issuer)
4 - National Western Life Group, Inc. (0001635984) (Issuer)
4 - National Western Life Group, Inc. (0001635984) (Issuer)
4 - National Western Life Group, Inc. (0001635984) (Issuer)
4 - National Western Life Group, Inc. (0001635984) (Issuer)
4 - National Western Life Group, Inc. (0001635984) (Issuer)
4 - National Western Life Group, Inc. (0001635984) (Issuer)
4 - National Western Life Group, Inc. (0001635984) (Issuer)
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