Statutory Information (Tables)

12 Months Ended

Dec. 31, 2020

Insurance [Abstract]

Summary of Direct Premiums and Deposits Collected

A summary of direct premiums and deposits collected is provided below.

	Years Ended December 31,
	2020		2019	2018
	(In thousands)
Annuity deposits	$	358,900	264,667	411,208
Universal life insurance deposits	267,809		266,600	278,971
Traditional life and other premiums	98,711		95,695	21,561
Totals	$	725,420	626,962	711,740

Summary of Net Gain from Operations, Net Income, Unassigned Surplus (Retained Earnings) and Capital and Surplus (Stockholders' Equity), on Statutory Basis Used to Report Regulatory Authorities

The table below provides the National Western and Ozark National net gain from operations, net income, unassigned surplus (retained earnings) and capital and surplus (stockholders' equity), on the statutory basis used to report to regulatory authorities for the years ended December 31.

	2020		2019	2018
	(In thousands)
National Western Life Insurance Company:
Net gain from operations before Federal and foreign income taxes	$	36,970	209,139	27,359
Net income	$	42,034	151,316	31,296
Unassigned surplus	$	1,461,100	1,485,424	1,374,963
Capital and surplus	$	1,505,163	1,529,487	1,419,026
Ozark National Life Insurance Company:
Net gain from operations before Federal and foreign income taxes	$	24,976	22,870	—
Net income	$	20,966	(854)	—
Unassigned surplus	$	50,054	29,452	—
Capital and surplus	$	78,009	58,404	—

The following assets, stated at amortized cost, were on deposit with state and other regulatory authorities, as required by law, at the end of each year.

	December 31,
	2020		2019
	(In thousands)
National Western:
Debt securities held-to-maturity	$	—	14,261
Debt securities available-for-sale	15,283		1,037
Short-term investments	475		475
Total National Western	15,758		15,773
Ozark National:
Debt securities held-to-maturity	—		3,343
Debt securities available-for-sale	3,331		—
Total Ozark National	3,331		3,343
Total	$	19,089	19,116