National Western Life Group Inc - Ordinary Shares (NWLI) Financial Report Summaries

Company Profile

Search within these filings

View filings

Exhibits within filings

Filing insights

Export filings list

Export a CSV file of filings or unique filing companies (up to first 5,000 results).

Download list of filings Download list of companies

External links

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Bad

New words: ago, entitled, evenly, nearest, nonstatutory, reenergize, rounded, simplification

Removed: Abuse, accessed, affirm, affirming, aggregating, al, appeal, appealed, appellate, approving, April, attorney, awarded, awarding, Baldwin, bear, behavior, Bermuda, Butte, buyout, California, carefully, cede, Circuit, clarified, coding, Commissioner, committed, confirmed, contingency, contractor, Countering, countersigned, County, court, cumulative, DAC, debtor, declaratory, defended, denial, denied, depublished, disease, disputed, dropped, Dyrssen, earliest, Eastern, effected, Elder, eliminate, employing, endeavored, enjoinment, equitable, excl, executed, executing, exfiltrated, favor, final, forfeit, fortifying, Freeport, granting, Houston, informed, injunctive, introduce, intruder, Joint, judge, jury, land, leased, licensing, light, manifested, mediation, Medicare, Mildred, month, Motion, negotiated, network, nondiscretionary, nonparticipating, Notwithstanding, opposed, ordering, origination, Pantaleoni, pending, Plaintiff, popularity, predating, preliminarily, preliminary, presence, priced, profit, proportional, prospectively, pursuant, ranged, recast, reconsider, recover, regional, rehearing, rejected, relation, remained, remanded, removed, restatement, retroactive, retroactively, reversal, ruling, scope, sector, secular, seeking, September, shadow, shifted, simplifying, situated, sixty, social, staffing, Stay, stipulated, strike, striking, subprime, Subtopic, superior, Supreme, tendered, track, trial, troubled, undetermined, unlocking, vacate, vacated, Verdict, vigorously, Vintage, WLC

From filing 10-Q 2024 Q1

Financial report summary

Management Discussion

The Company's Condensed Consolidated Financial Statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). In addition, the Company regularly evaluates operating performance using non-GAAP financial measures which exclude or segregate derivative and realized investment gains and losses from operating revenues. Similar measures are commonly used in the insurance industry in order to assess profitability and results from ongoing operations. The Company believes that the presentation of these non-GAAP financial measures enhances the understanding of the Company's results of operations by highlighting the results from ongoing operations and the underlying profitability factors of the Company's business. The Company excludes or segregates derivative and realized investment gains and losses because such items are often the result of events which may or may not be at the Company's discretion and the fluctuating effects of these items could distort trends in the underlying profitability of the Company's business. Therefore, in the following sections discussing condensed consolidated operations and segment operations, appropriate reconciliations have been included to report information management considers useful in enhancing an understanding of the Company's operations to reportable GAAP balances reflected in the Condensed Consolidated Financial Statements.