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National Western Life Group, Inc. Announces 2021 Second Quarter Earnings

National Western Life Group, Inc. Announces 2021 Second Quarter Earnings
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National Western Life Group, Inc. Announces 2021 Second Quarter Earnings

National Western Life Group, Inc. Announces 2021 Second Quarter Earnings
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Annuity Industry Players Would Like Everyone's Attention

The National Association for Fixed Annuities is observing National Annuity Awareness Month by sounding the alarms. ....

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NAFA Partners with Fellow Industry Leaders for Annuity Awareness Month

NAFA Partners with Fellow Industry Leaders for Annuity Awareness Month
Targeted Educational Initiatives Aim to Position Distributors and Producers to Help Increase Annuity Education Nationwide
District of Columbia, WA, June 01, 2021 (PR.com) As part of a collaborative effort to help Americans recover from the financial hardships of the ongoing pandemic and create a more secure retirement future, NAFA, the National Association for Fixed Annuities, is leading the charge in bringing National Annuity Awareness Month into the spotlight during the month of June. In addition to hosting and participating in formative educational events for both distributors and annuity professionals, NAFA is engaging with a number of organizations to distribute a toolkit of materials producers can use to help educate consumers nationwide about the features and benefits of annuity products and their role in creating predictable lifetime income. ....

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National Western Life Group, Inc. Announces 2021 First Quarter Earnings

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AUSTIN, Texas, May 10, 2021 /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 2021 consolidated net earnings of $62.1 million, or $17.57 per diluted Class A common share, compared with a consolidated net loss of $2.1 million, or $0.58 per diluted Class A common share, for 2020. The Company s book value per share as of March 31, 2021 was $673.95.
The Company reported total revenues for the quarter, excluding realized and unrealized gains on index options and investments, of $200.9 million in 2021 compared to $155.6 million in 2020. Mr. Moody noted that the Company s revenues benefited from a previously announced reinsurance transaction executed at the end of 2020. We achieved our goal last year of transferring a block of annuity business which was experiencing compression on profit margins with a reinsuranc ....

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