Delisted
National Western Life's stock was delisted from Nasdaq on July 9, 2024.
National Western Life filed to terminate its SEC registration on July 19, 2024.
The business overview below summarizes the 10-K filed February 29, 2024, which predates these events.
Sources: 25-NSE (Jul 9, 2024) , 15-12G (Jul 19, 2024)
Business Summary
National Western Life Group, Inc. (NWLGI) is a Delaware holding company whose principal subsidiary, National Western Life Insurance Company (NWLIC), is a Colorado-chartered stock life insurer founded in 1956 and licensed in all U.S. states except New York. NWLGI also owns Ozark National Life Insurance Company (acquired 2019) and its affiliated broker-dealer NIS Financial Services, together forming a multi-subsidiary life insurance and annuity platform. As of December 31, 2023, the company held $12.3 billion in total assets, 334,861 combined life insurance policies in force, and 90,045 annuity contracts, and in October 2023 entered into a merger agreement with an affiliate of Prosperity Life Holdings.
Products & Services
- Life Insurance (National Western): Universal life (UL), equity-index universal life (EIUL), interest-sensitive whole life, term, and fixed-index life — predominantly single-premium products targeting wealth transfer; 75,781 policies in force at year-end 2023 with $12.5 billion face amount. -...
AI-generated summary of Item 1 (Business) from the 10-K filed Feb 29, 2024 — View filing on SEC.gov. May contain errors — refer to the filing for authoritative information.
Across SEC filings
Annual results · 10-K
Fiscal 2023- Revenue
- $703.4M
- Net income
- $94.4M
As reported in the fiscal 2023 annual report.
Securities
| CUSIP | Security | Type |
|---|---|---|
| 638517102 | NWLI NATIONAL WESTERN LIFE GROU-A | Common stock |