National Western Life Group, Inc. (NWLI)

AUSTIN, Texas , July 3, 2024 /PRNewswire/ -- National Western Life Group, Inc. ("National Western" or the "Company") (NASDAQ: NWLI), and Prosperity Life Group ("Prosperity Life Group") today announced that the previously announced acquisition of National Western by Prosperity Life Group company S. USA Life Insurance Company, Inc. ("SUSA") has received all required regulatory approvals.

As of June 24, 2024, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

AUSTIN, Texas , May 9, 2024 /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 2024 consolidated net earnings of $73.6 million, or $20.82 per diluted share of Class A Common Stock, compared with consolidated net earnings of $12.3 million, or $3.48 per diluted share of Class A Common Stock for the first quarter of 2023.

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.

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.

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.

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.

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.

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.

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.

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").

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.

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).

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of National Western Life Insurance Company (NWLIC) (Centennial, CO). Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of Ozark National Life Insurance Company (Ozark) (Kansas City, MO). In addition, AM Best has affirmed the Long-Term ICR of “bbb” (Good) of National Western Life Group, Inc. (headquartered in Austin, TX) [NASDAQ: NWLI], the parent holding company of NWLIC and Ozark. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect NWLIC’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). The ratings also reflect NWLIC’s strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), as well as its consistent GAAP operating earnings, although derivative accounting has resulted in some earnings volatility on a statutory accounting basis. These strengths are offset by NWLIC’s high concentration of reserves in interest-sensitive products, elevating the risk of duration mismatches and spread compression, though high minimum guaranteed rate products are largely reinsured. These risks are also reduced through a hedging program. Although premiums increased each of the past two years, the company has experienced a declining trend in net premiums written over the past decade, driven by a reduction in annuity production, and a shift in strategy a few years ago that prompted NWLIC to cease accepting applications for new life insurance business from international markets. Despite this move, renewal premiums from international markets continue to represent a significant but declining portion of the group’s total premiums. NWLIC intends to focus on the U.S. annuity and life insurance marketplace. The ratings reflect Ozark’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate ERM. Ozark’s existing business model is focused primarily on selling simplified ordinary life insurance products to the middle market through its captive agent channel and has slowly declined over time, as measured by sales. Ozark’s historically stable earnings pattern has continued since its acquisition by NWLIC. AM Best will continue to monitor the execution of Ozark’s integration with NWLIC, particularly with respect to integration of its risk management framework within NWLIC. Ozark has made significant progress since the acquisition in adopting shared practices and integrating into NWLIC’s business processes. AM Best views the holding company assessment for NWLIC as neutral with no financial or operating leverage. This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com. Copyright © 2022 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Imagine owning stocks for less than they're worth and, at the same time, owning them as they're hitting new high prices. It doesn't happen too often, but it is happening right now for those who've been astute enough to invest in American Equity Investment Life Insurance ( AEL , Financial).

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