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November 14, 2008 at 10:58 AM
National Western Life Insurance Company increased domestic universal life sales in the third quarter despite all of the economic turmoil.
Here is a summary of the latest life and health insurance earnings news:
National Western Life Insurance Company, Austin, Texas
3 Q 2008 Results
NET INCOME: $9.8 million loss
NET REALIZED INVESTMENT CHANGE: $14 million loss
REVENUE: $88 million
3 Q 2007 Results
NET INCOME: $16 million
NET REALIZED INVESTMENT CHANGE: $978,000 loss
REVENUE: $112 million
- Domestic universal life sales increased to $2.8 million, from $1.8 million.
Independence Holding Company, Stamford, Conn.
3 Q 2008 Results
NET INCOME: $8.7 million
NET REALIZED INVESTMENT CHANGE: $17 million loss
REVENUE: $82 million
3 Q 2007 Results
NET INCOME: $8.4 million
NET REALIZED INVESTMENT CHANGE: $471,000
REVENUE: $101 million
American Independence Corp., New York
3 Q 2008 Results
NET INCOME: $596,000
