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Home > Company Index > Insurance > Life Insurance > National Western Life Insurance Company

National Western Life Insurance Company
Nasdaq: NWLIA
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 PROFILE
National Western Life Insurance Company (NWLI) sells annuities as well as individual, whole, universal, and term life insurance. Almost 70% of direct life insurance premiums derive from outside the US, where the company targets wealthy Latin Americans. NWLI also offers real estate management services through its Westcap subsidiary. This unit was formerly a broker/dealer operation which had entered Chapter 11 bankruptcy in response to several large suits over its sale of derivative products hard hit by the 1994 bond crash. Chairman and CEO Robert Moody and his son Ross, members of the wealthy Moody family of Galveston Texas, own about 35% of the company and own an agency that does business with the company.

 COMPETITION
American International Group, Inc. (AIG)
AmerUs Group Co. (AMH)
Hartford Life, Inc. (HLI)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 292.70
1-Yr. Sales Growth: (16.7)%
Employees: 228
Revenue per employee: $1,283,771.93

 KEY PEOPLE
• Robert L. Moody
    CEO
• Robert L. Busby
    CFO

 CONTACT INFO
850 E. Anderson Ln.
Austin, TX 78752
US
Phone: 512-836-1010
Fax: 512-835-2729
Online: Web Site

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