More life and life-related companies report second-quarter profits this week.
National Western Life Insurance Company, Austin, Texas (Nasdaq:NWLI)
2 Q 2010 Results
NET INCOME: $21 million
REVENUE: $97 million
2 Q 2009 Results
NET INCOME: $19 million
REVENUE: $141 million
- Annuity sales were 101% higher than in the second quarter of 2009.
- Total life insurance sales increased 13%.
- “The climate for our industry remains very challenging, so it is gratifying to see growth in the midst of the current market environment,” National Western President Ross Moody says.
ULLICO Inc., Washington
2 Q 2010 Results
NET INCOME: $200,000