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March 1, 2022

NLG Q4 2021 Financials At-a-Glance

An exciting finish to a historic year.

This has truly been a special year for National Life Group as there have been many successes to celebrate. From a top line perspective, life sales exceeded $400M for the first time and the annuity business remained strong despite the challenges of the pandemic, with flow sales nearly matching the previous all-time high from 2019.

Core earnings were over $300M for the first time as continued focus on business fundamentals delivered bottom line results as well. Pairing these achievements with two credit rating upgrades and the issuance of $750M in long term contingent capital earlier in the year positions us well for the future. And finally, we were excited to close 2021 by seeding our charitable foundation with a $20M endowment that will support our future causes as we live our Do Good values into the future.