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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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10 Best Small Cap Stocks to Buy in 2021


10 Best Small Cap Stocks to Buy in 2021
As businesses start to reopen after months of inactivity due to the COVID-19 pandemic, small businesses are finally starting to take a sigh of relief. Small shops, hairdressers, bars, and retail outlets have seen a flurry of activity in the past few days. According to the US Bureau of Labor Statistics, consumer prices in the country rose by 0.6% in March compared to the previous month, the highest single-month increase since August 2012. The Consumer Price Index, a set of price indices calculated by the US Department of Labor, was up 2.6% over the past twelve months.  ....

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