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.
