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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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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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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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National Western Life Insurance Company (NWL®) launches Equisoft/manage, a flexible cloud-based policy administration system


National Western Life Insurance Company (NWL®) launches Equisoft/manage, a flexible cloud-based policy administration system
PR Newswire
Fueling an aggressive digital transformation plan, NWL® launches a significant system modernization initiative together with the introduction of a new Fixed Indexed Annuity product.
PHILADELPHIA,
April 6, 2021 /PRNewswire/ -
Equisoft announced today the successful implementation of phase one of its cloud-based policy administration platform that will support NWL s Life and Annuity operations across the full policy lifecycle. The new platform, along with the new NWL® ChoiceOptimizer Fixed Indexed Annuity product, went live in February.
Subsequent phases of this large modernization initiative will further support NWL s objective to design, refine and enhance product and policy services in a nimble, cost-effective implementation environment developed to meet the diverse, changing needs of our distribution force and poli ....

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