NATIONAL WESTERN LIFE INS CO
Major Rating Factors:
Good quality investment portfolio (6.4 on a scale of 0 to 10) despite mixed results such as: minimal exposure to mortgages and large holdings of BBB rated bonds but small junk bond holdings. Good overall profitability (5.9). Return on equity has been low, averaging 3.8%. Good Liquidity (6.6).
Other Rating Factors:
Fair overall results on stability tests (3.5) including weak results on operational trends and negative cash flow from operations for 2022. Strong capitalization (8.0) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
F - Negative cash flow.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group health (2.0%), other (98.0%)
Licensed in:
All states except NY
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1675 Broadway #1200
Centennial, CO 80112
Centennial, CO 80112
Phone Number
(512) 719-2240
NAIC Number
66850
Largest Affiliates