NLG closes strong first nine months and enhances capital position.
On the heels of credit rating upgrades from both A.M. Best and Moody’s Investor Service, National Life Group
came out of the second quarter with wind in our sails – and the third quarter did not disappoint. Our life sales
broke $100M for the fourth straight quarter, our flow annuity premiums in September were the highest month ever,
and our core earnings for the first nine months were exceptional. In addition, in early October we seized a unique
market opportunity to further strengthen our capital position by issuing $750M of long term contingent debt at an
attractive cost.
We’re excited about how this will help us bring peace of mind to more of Middle America, the most
underserved segment of the market, and we look forward to finishing the year strong!
- View NLG Financials at a Glance Q3 2021
- View NLG Financials at a Glance Q2 2021
- View NLG Financials at a Glance Q1 2021
- View NLG Financials at a Glance Q4 2020
- View NLG Financials at a Glance Q3 2020
- View NLG 2020 Business Highlights
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