Risk Factors Update Summary
- The Company faces risks related to the proposed merger with S. USA Life Insurance Company, including potential delays and adverse effects on operations.
- National Western has entered into funds withheld coinsurance arrangements to access investment capabilities.
- The Company's involvement in other investment instruments has increased, reducing disintermediation risk.
- Changes in interest rates may prompt more policyholders to surrender contracts, impacting the Company.
- The adoption of ASU 2018-12 has led to significant accounting changes and compliance costs.
- LDTI introduced market risk benefits, causing significant volatility in reported earnings.
- Future accounting standards may adversely affect the Company's financials.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1635984&owner=exclude
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