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National Western Nearly Doubles 2nd Quarter Net Income

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NU Online News Service, Aug. 8, 2003, 11:01 a.m. EDT – National Western Life Insurance Company, Austin, Texas, is reporting $17 million in net income for the second quarter on $101 million in revenue, up from $8.8 million in net income on $72 million in revenue for the second quarter of 2002.

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Annuity sales have increased to $529 million for the first half, from $169 million for the first half of 2002.