AM Best Withdraws Credit Ratings of National Western Life Group, Inc.

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has withdrawn the Long-Term Issuer Credit Rating of “bbb-” (Good) of National Western Life Group, Inc. (National Western) (headquartered in Austin, TX). At the time of this withdrawal, the Credit Rating (rating) outlook is stable.

AM Best has withdrawn this rating as National Western has requested to no longer participate in AM Best’s interactive rating process, since the company was taken private. This rating was downgraded on Aug. 23, 2024.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2024 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240828733576/en/

Brent DeAngelis
Financial Analyst
+1 908 882 1730
[email protected]

Jacqalene Lentz
Director
+1 908 882 2011
[email protected]

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
[email protected]

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
[email protected]

Source: AM Best

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