National Western Life Group

National Western Life Group, Inc. is a holding company, which engages in the provision of life insurance services. It operates through the following business segments: Domestic Insurance Operations and International Insurance Operations. The Domestic Insurance Operations segment includes annuities, universal life insurance, and traditional life insurance, which include both term and whole life products. The International Insurance Operations segment focuses on foreign nationals in upper socioeconomic classes. It offers a broad portfolio of individual whole life, universal life and term insurance plans, and annuities, including supplementary riders. The company was founded in 1956 and is headquartered in Austin, TX.

Earnings data Q1 2024

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National Western Life Group, Inc. is a holding company, which engages in the provision of life insurance services. It operates through the following segments: Domestic Life Insurance, International Life Insurance, ONL and Affiliates, and Others. The Domestic Life Insurance segment includes annuities, universal life insurance, and traditional life insurance, which include both term and whole life products. The International Life Insurance segment focuses on foreign nationals in upper socioeconomic classes. It offers a broad portfolio of individual whole life, universal life and term insurance plans, and annuities, including supplementary riders. The company was founded in 1956 and is headquartered in Austin, TX.

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.

National Western Life Group, Inc. Announces 2023 Full Year and Fourth Quarter Earnings

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of National Western Life Group, Inc. (NasdaqGS: NWLI) to Prosperity Life Group. Under the terms of the proposed transaction, shareholders of National Western will receive $500.00 in cash for each share of National Western that they own. KSF is seeking to determine whether this consideration and the process that l.

NATIONAL WESTERN LIFE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of National Western Life Group, Inc. - NWLI

AUSTIN, Texas , Nov. 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 third quarter 2023 consolidated net earnings of $64.7 million, or $18.30 per diluted share of Class A Common Stock, compared with restated consolidated net earnings of $35.2 million, or $9.95 per diluted share of Class A Common Stock, for the third quarter ended September 30, 2022.

National Western Life Group, Inc. Announces 2023 Third Quarter Earnings

MILWAUKEE , Oct. 13, 2023 /PRNewswire/ -- Ademi LLP is investigating National Western (NASDAQ: NWLI) for possible breaches of fiduciary duty and other violations of law in its transaction with Prosperity Life Group. Click here to learn how to join the action https://www.ademilaw.com/case/national-western-life-group-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether National Western Life Group, Inc. has obtained a Fair Price in its transaction with Prosperity Life Group

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of National Western Life Group, Inc. (NASDAQ: NWLI) to Prosperity Life Group for $500.00 per share in cash is fair to National Western shareholders. Halper Sadeh encourages National Western shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The invest.

NWLI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of National Western Life Group, Inc. Is Fair to Shareholders

SPDR S&P Insurance ETF

National Western Life Group Inc. NWLI, -0.67% announced an agreement Monday to be acquired by Prosperity Life Group affiliate S. USA Life Insurance company in a cash deal valued at $1.9 billion.

North Western Lift to be bought out by a Prosperity Life affiliate for $500 a share

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").

National Western and Prosperity Life Group Announce $1.9 Billion Cash Merger

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.

National Western Life Group, Inc. Announces 2023 Second Quarter Earnings

Activist investor Michael Gorzynski has recently accumulated a 5.5% stake in life insurance and annuity products provider National Western Life Group. Shortly after the activist's involvement, the company has launched a strategic review, with company sale among the potential outcomes. A company sale might be likely given the activist's track record in the insurance space as well as National Western Life management's background.

National Western Life Group: Is This The Time For The Company Sale?

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.

National Western Life Group, Inc. Announces Exploration of Strategic Alternatives

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.

National Western Life Group, Inc. Announces 2023 First Quarter Earnings

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.

National Western Life Group, Inc. Announces 2022 Full Year and Fourth Quarter Earnings

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.

National Western Life Group, Inc. Announces 2022 Third Quarter Earnings

Intel

I have a screen in the GuruFocus All-in-One screener that looks for substantial and recent insider buying by CEOs after a stock has fallen by at least 20% and is trading near 52-week lows. Two stocks showed up this month: Intel Corp. ( INTC , Financial) and National Western Life Group Inc. ( NWLI , Financial).

Insider Buying at Intel, National Western Life Could Indicate Value

AUSTIN, Texas , Aug. 9, 2022 /PRNewswire/ -- National Western Life Insurance Company (National Western Life), a wholly owned subsidiary of National Western Life Group, Inc. (Nasdaq: NWLI), announced the execution of an annuity reinsurance transaction with Aspida Life Re Ltd. (Aspida Re), a Bermuda based reinsurer rated "A-" (Excellent) by A.

National Western Life Focuses on Growth by Announcing Reinsurance Transaction

AUSTIN, Texas , Aug. 8, 2022 /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 2022 consolidated net earnings of $30.8 million, or $8.70 per diluted Class A common share, compared with consolidated net earnings of $49.9 million, or $14.11 per diluted Class A common share, for the second quarter of 2021.

National Western Life Group, Inc. Announces 2022 Second Quarter Earnings

AUSTIN, Texas , June 13, 2022 /PRNewswire/ -- National Western Life Insurance Company (National Western Life), a wholly owned subsidiary of National Western Life Group, Inc. (Nasdaq: NWLI), entered a strategic alliance with Achaean Financial Holdings (Achaean), an intellectual property and product development company, to launch a new and innovative single premium immediate annuity to the financial marketplace. National Western Life will be the first life insurance company to utilize the Achaean product technology, which because of its novel and pioneering structure, will present new and creative solutions for the financial marketplace.

National Western Life and Achaean Financial Holdings Establish Premier Alliance with Plans to Introduce a New Product for Income Solutions

AUSTIN, Texas , May 10, 2022 /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 2022 consolidated net earnings of $36.2 million, or $10.23 per diluted Class A common share, compared with consolidated net earnings of $62.1 million, or $17.57 per diluted Class A common share, for the first quarter of 2021.

National Western Life Group, Inc. Announces 2022 First Quarter Earnings

AUSTIN, Texas, March 4, 2022 /PRNewswire/ -- Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. (Nasdaq: NWLI), announced today 2021 consolidated net earnings of $180.7 million, or $51.10 per diluted Class A common share, compared with consolidated net earnings of $92.3 million, or $26.11 per diluted Class A common share, for 2020.

National Western Life Group, Inc. Announces 2021 Full Year and Fourth Quarter Earnings

National Western Life Group has not fared well from a share price perspective in recent months. This comes even as the company's profitability has been on the rise and as management sees an improvement in the space following the pandemic

National Western Life Group: Tremendously Undervalued

AUSTIN, Texas, Nov. 8, 2021 /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 2021 consolidated net earnings of $39.8 million, or $11.27 per diluted Class A common share, compared with consolidated net earnings of $10.8 million, or $3.06 per diluted Class A common share, for the third quarter of 2020.

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

National Western Life Group (NWLI) is a life insurance company trading at historic lows relative to various valuation metrics. Low interest rates have been very challenging to NWLI and its peers.

National Western Life Group: Deeply Undervalued Stock Similar To A 19% Yielding Bond

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Life Insurance Companies have been operating in a challenging economic environment since the recession of 2008. Declining interest rates and more recently rising mortality rates related to Covid-19 have resulted in lackluster growth and profitability for companies in this sector.

Life Insurance And Annuity Companies Are Ripe For Strategies To Unlock Their Intrinsic Value

AUSTIN, Texas, Aug. 6, 2021 /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 2021 consolidated net earnings of $49.9 million, or $14.11 per diluted Class A common share, compared with consolidated net earnings of $48.4 million, or $13.69 per diluted Class A common share, for the second quarter of 2020.

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

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.

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