junio 16, 2017
National Western Life aumenta sus ganancias en ventas domesticas (USA)
AUSTIN, Texas – Las ganancias netas de National Western Life Group Inc. aumentaron un 36.4%, ya que las ventas del mercado doméstico crecieron debido a que los mercados de renta variable presentaron un rendimiento positivo año tras año.
«Nos hemos concentrado en el área de segmento de seguros de vida doméstico de nuestro negocio y estamos satisfechos con el incremento del 7% en las ventas del primer trimestre para esta línea», dijo el presidente ejecutivo Ross Moody en su declaración.
Las ventas para el seguro de vida Doméstico consisten casi en su totalidad en productos de seguro de vida universales indexados, lo que implican el uso de opciones, y estas ventas incrementan nuestra cartera de opciones de índices.
National Western Life cambiará productos Indexados de renta fija para anualidades y seguros de vida universal mientras que las tasas de interés siguen siendo bajas. Moody dijo que los márgenes de inversión se beneficiaron del rendimiento interanual de los mercados de renta variable. Las ganancias netas se elevaron a 23.5 millones de dólares. Las ganancias realizadas o no realizadas sobre las opciones del índice incrementaron a $61.2 millones, en comparación con una pérdida de $12.9 millones en el periodo del año anterior.
«Las ventas de anualidades se mantuvieron razonablemente bien en el primer trimestre a pesar de la incertidumbre causada por la norma Fiduciaria del Departamento del Trabajo (DOL) y su fecha de implementación tardía» dijo el CEO.
La ventana para comentarios públicos cerró el 17 de abril en el nuevo análisis económico y legal del DOL de Estados Unidos respecto a si la regla fiduciaria perjudicará a los inversionistas o hará más difícil para que la industria de servicios de jubilación proporcione asesoramiento. Los nuevos mandatos fiduciarios cambian la forma en que los asesores de retiro realizan negocios, eliminando la compensación basada en comisión de este tipo de transacción. La implementación fue aplazada hasta el 9 de junio y podría ser rescindida.
Los ingresos totales de National Western Life subieron a $ 224.4 millones de dólares de $ 148.9 millones de dólares en el período del año anterior.
La compañía mitiga el riesgo de los seguros de vida vendidos a los residentes en países con menor solvencia y credibilidad económica en América del Sur, el Caribe, Asia y Europa del Este, de acuerdo al informe de crédito, en gran parte a través del perfil de los consumidores por la ausencia de operaciones subsidiarias internacionales y aceptando únicamente dólares Estadounidenses.
National Western Life también suscribe cobertura en 49 estados. Al final del primer trimestre, informó que los activos totales consolidados por un total de $12 mil millones, patrimonio de los accionistas de $1.7 mil millones y seguro de vida en vigor de $20.5 mil millones.
National Western Life Insurance Co. actualmente tiene una fuerte calificación financiera de Best A (Excelente).
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marzo 10, 2013
National Western Life: Announces 2012 Fourth Quarter and Full Year Earnings
AUSTIN, Texas, March 8, 2013 /PRNewswire/ — Ross R. Moody , President of National Western Life Insurance Company (Nasdaq: NWLI), announced today fourth quarter 2012 consolidated net earnings of $25.2 million, or $7.14 per diluted Class A common share, compared with consolidated net earnings of $4.4 million, or $1.23 per diluted Class A common share, for the fourth quarter of 2011. For the year ended December 31, 2012, the Company reported consolidated net earnings of $92.6 million, or $26.19 per diluted Class A common share, compared with $55.6 million, or $15.73 per diluted Class A common share, a year ago. The Company’s book value per share increased to $382.37 as of December 31, 2012 from $351.27 at December 31, 2011.
Operating revenues, excluding realized gains (losses) on investments and realized and unrealized gains (losses) on index options, increased to $159.5 million for the quarter ended December 31, 2012, compared to $154.9 million reported in the fourth quarter of 2011. Operating revenues for the full year increased 4% to $624.3 million in 2012 from $600.0 million in 2011. Mr. Moody noted, «Premium dollars collected during 2012 surpassed $1 billion representing the third consecutive year we have accomplished this feat. Since the financial crisis emerged in 2008, we have been able to produce between $2.5 billion and $3.0 billion of new life insurance coverage each year. This is a solid performance given the backdrop of high domestic unemployment and a global financial slowdown we have encountered during this time frame.»
The Company reported earnings from operations, excluding net realized gains and losses on investments, of $21.9 million for the quarter ended December 31, 2012, or $6.20 per diluted Class A common share, compared to $4.7 million, or $1.31 per diluted Class A common share, in the same period for 2011. Commenting on the financial performance of the Company, Mr. Moody observed, «A year ago at this time we reported incremental charges against earnings from additional reserves and amortization of acquisition costs that we believed would put us in a better position going forward. The operating results reported during 2012 have firmly supported that viewpoint. Quarterly earnings from operations in 2012 were very consistent ranging from a low of $19 million to a high of $22 million.» Earnings from operations for the full year of $84.0 million, or $23.76 per diluted Class A common share, represented an increase of 62% over 2011. Reflecting on the full year results, Mr. Moody added, «There are many headwinds in the U.S. and global economies that increase the number of challenges to overcome for a financial services organization like ourselves. However, experience has shown that our strong capital base and conservative financial disciplines have provided the staying power to produce sustainable earnings over time.»
Founded in 1956, National Western Life is a stock life insurance company offering a broad portfolio of individual universal life, whole life and term insurance plans, annuity products, and investment contracts meeting the financial needs of its customers in 49 states as well as residents of various countries in Central and South America, the Caribbean, Eastern Europe, Asia, and the Pacific Rim. The Company has approximately 280 employees and 17,700 contracted independent agents, brokers, and consultants, and at December 31, 2012, maintained total assets of $10.3 billion, stockholders’ equity of $1.4 billion, and life insurance in force of $21.6 billion.
Caution Regarding Forward-Looking Statements:
This press release contains statements which are or may be viewed as forward-looking within the meaning of The Private Securities Litigation Reform Act of 2005. Forward-looking statements relate to future operations, strategies, financial results or other developments, and are subject to assumptions, risks, and uncertainties. Factors that may cause actual results to differ materially from those contemplated in these forward-looking statements can be found in the Company’s Form 10-K filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date the statement was made and the Company undertakes no obligation to update such forward-looking statements. There can be no assurance that other factors not currently anticipated by the Company will not materially and adversely affect our results of operations. Investors are cautioned not to place undue reliance on any forward-looking statements made by us or on our behalf.
febrero 7, 2012
National Western Life Insurance Stock Upgraded (NWLI)
By TheStreet Wire 07/FEB/12
NEW YORK (TheStreet) — National Western Life Insurance (Nasdaq:NWLI) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
Highlights from the ratings report include:
■ NATIONAL WESTERN LIFE has improved earnings per share by 43.2% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. During the past fiscal year, NATIONAL WESTERN LIFE increased its bottom line by earning $20.04 versus $12.51 in the prior year.
■ The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Insurance industry. The net income increased by 43.3% when compared to the same quarter one year prior, rising from $13.44 million to $19.26 million.
■ NWLI has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign.
■ Net operating cash flow has increased to $81.90 million or 44.43% when compared to the same quarter last year. In addition, NATIONAL WESTERN LIFE has also vastly surpassed the industry average cash flow growth rate of -13.95%.
National Western Life Insurance Company provides life insurance products for the savings and protection needs of policyholders and annuity contracts for the asset accumulation and retirement needs of contract holders. The company has a P/E ratio of 7.5, above the average insurance industry P/E ratio of seven and below the S&P 500 P/E ratio of 17.7. National Western Life has a market cap of $485.5 million and is part of the financial sector and insurance industry. Shares are up 12.7% year to date as of the close of trading on Monday.
You can view the full National Western Life Ratings Report or get investment ideas from our investment research center.
— Written by a member of TheStreet RatingsStaff
Fuente: The Street, 07/02/12.
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National Western Life Insurance is Among the Companies in the Life & Health Insurance Industry With the Highest Free Cash Flow Per Share (NWLI, FFG, PRU, MET, PFG)
Feb 07, 2012 (SmarTrend(R) News Watch via COMTEX) — Below are the three companies in the Life & Health Insurance industry with the highest free cash flow per share. FCF/share is a valuable metric signaling a company’s ability to facilitate growth in the business. National Western Life Insurance ranks highest with a FCF per share of $52.19. FBL Financial Group is next with a FCF per share of $16.89. Prudential Financial ranks third highest with a FCF per share of $14.01.
[February 07, 2012]
Fuente: http://insurance-technology.tmcnet.com/news/2012/02/07/6102711.htm 07/02/12