XML 15 R46.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Values of Financial Instruments (Fair Value by Balance Sheet Grouping) (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
ASSETS    
Securities held to maturity $ 7,470,133us-gaap_HeldToMaturitySecuritiesFairValue $ 7,175,443us-gaap_HeldToMaturitySecuritiesFairValue
Securities available for sale 2,854,690us-gaap_AvailableForSaleSecurities 2,728,680us-gaap_AvailableForSaleSecurities
Derivatives, index options 95,987us-gaap_DerivativeAssets 114,287us-gaap_DerivativeAssets
Fair Values [Member]    
ASSETS    
Securities held to maturity 7,470,133us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
7,175,443us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Securities available for sale 2,854,690us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
2,728,680us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Cash and short-term investments 71,104us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
277,078us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Mortgage loans 150,600nwli_MortgageLoansOnRealEstateCommercialAndConsumerNetFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
156,548nwli_MortgageLoansOnRealEstateCommercialAndConsumerNetFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Policy loans 117,948nwli_LoansGrossInsurancePolicyFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
111,040nwli_LoansGrossInsurancePolicyFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Other loans 2,792us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
2,300us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Derivatives, index options 95,987us-gaap_DerivativeAssets
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
114,287us-gaap_DerivativeAssets
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Life interest in Libbie Shearn Moody Trust 12,775nwli_InterestInTrustFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
12,775nwli_InterestInTrustFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
LIABILITIES    
Deferred annuity contracts 7,160,752nwli_LiabilityForDeferredAnnuityContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
7,178,535nwli_LiabilityForDeferredAnnuityContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Immediate annuity and supplemental contracts 477,219nwli_LiabilityForFuturePolicyBenefitsIndividualAndGroupAnnuitiesAndSupplementaryContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
474,843nwli_LiabilityForFuturePolicyBenefitsIndividualAndGroupAnnuitiesAndSupplementaryContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Carrying Values [Member]    
ASSETS    
Securities held to maturity 7,042,233us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
6,841,543us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Securities available for sale 2,854,690us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
2,728,680us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Cash and short-term investments 71,104us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
277,078us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Mortgage loans 143,918nwli_MortgageLoansOnRealEstateCommercialAndConsumerNetFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
149,503nwli_MortgageLoansOnRealEstateCommercialAndConsumerNetFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Policy loans 63,877nwli_LoansGrossInsurancePolicyFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
63,645nwli_LoansGrossInsurancePolicyFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Other loans 2,592us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
2,171us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Derivatives, index options 95,987us-gaap_DerivativeAssets
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
114,287us-gaap_DerivativeAssets
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Life interest in Libbie Shearn Moody Trust 0nwli_InterestInTrustFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
0nwli_InterestInTrustFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
LIABILITIES    
Deferred annuity contracts 7,546,484nwli_LiabilityForDeferredAnnuityContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
7,546,504nwli_LiabilityForDeferredAnnuityContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Immediate annuity and supplemental contracts 444,216nwli_LiabilityForFuturePolicyBenefitsIndividualAndGroupAnnuitiesAndSupplementaryContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
446,458nwli_LiabilityForFuturePolicyBenefitsIndividualAndGroupAnnuitiesAndSupplementaryContractsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Level 1 [Member]    
ASSETS    
Securities held to maturity 0us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
0us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Securities available for sale 17,059us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
16,862us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Cash and short-term investments 71,104us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
277,078us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Mortgage loans 0nwli_MortgageLoansOnRealEstateCommercialAndConsumerNetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
0nwli_MortgageLoansOnRealEstateCommercialAndConsumerNetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Policy loans 0nwli_LoansGrossInsurancePolicyFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
0nwli_LoansGrossInsurancePolicyFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Other loans 0us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
0us-gaap_LoansReceivableFairValueDisclosure
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Derivatives, index options 0us-gaap_DerivativeAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
0us-gaap_DerivativeAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Life interest in Libbie Shearn Moody Trust 0nwli_InterestInTrustFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
0nwli_InterestInTrustFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
LIABILITIES    
Deferred annuity contracts 0nwli_LiabilityForDeferredAnnuityContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
0nwli_LiabilityForDeferredAnnuityContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Immediate annuity and supplemental contracts 0nwli_LiabilityForFuturePolicyBenefitsIndividualAndGroupAnnuitiesAndSupplementaryContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
0nwli_LiabilityForFuturePolicyBenefitsIndividualAndGroupAnnuitiesAndSupplementaryContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Level 2 [Member]    
ASSETS    
Securities held to maturity 7,470,133us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
7,175,443us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Securities available for sale 2,837,631us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
2,711,818us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Cash and short-term investments 0us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Mortgage loans 0nwli_MortgageLoansOnRealEstateCommercialAndConsumerNetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0nwli_MortgageLoansOnRealEstateCommercialAndConsumerNetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Policy loans 0nwli_LoansGrossInsurancePolicyFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0nwli_LoansGrossInsurancePolicyFairValueDisclosure
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= us-gaap_FairValueInputsLevel2Member
Other loans 0us-gaap_LoansReceivableFairValueDisclosure
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= us-gaap_FairValueInputsLevel2Member
0us-gaap_LoansReceivableFairValueDisclosure
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Derivatives, index options 0us-gaap_DerivativeAssets
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= us-gaap_FairValueInputsLevel2Member
0us-gaap_DerivativeAssets
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= us-gaap_FairValueInputsLevel2Member
Life interest in Libbie Shearn Moody Trust 0nwli_InterestInTrustFairValueDisclosure
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= us-gaap_FairValueInputsLevel2Member
0nwli_InterestInTrustFairValueDisclosure
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= us-gaap_FairValueInputsLevel2Member
LIABILITIES    
Deferred annuity contracts 0nwli_LiabilityForDeferredAnnuityContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0nwli_LiabilityForDeferredAnnuityContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Immediate annuity and supplemental contracts 0nwli_LiabilityForFuturePolicyBenefitsIndividualAndGroupAnnuitiesAndSupplementaryContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0nwli_LiabilityForFuturePolicyBenefitsIndividualAndGroupAnnuitiesAndSupplementaryContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Level 3 [Member]    
ASSETS    
Securities held to maturity 0us-gaap_HeldToMaturitySecuritiesFairValue
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= us-gaap_FairValueInputsLevel3Member
0us-gaap_HeldToMaturitySecuritiesFairValue
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= us-gaap_FairValueInputsLevel3Member
Securities available for sale 0us-gaap_AvailableForSaleSecurities
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0us-gaap_AvailableForSaleSecurities
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= us-gaap_FairValueInputsLevel3Member
Cash and short-term investments 0us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
0us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Mortgage loans 150,600nwli_MortgageLoansOnRealEstateCommercialAndConsumerNetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
156,548nwli_MortgageLoansOnRealEstateCommercialAndConsumerNetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Policy loans 117,948nwli_LoansGrossInsurancePolicyFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
111,040nwli_LoansGrossInsurancePolicyFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Other loans 2,792us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
2,300us-gaap_LoansReceivableFairValueDisclosure
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= us-gaap_FairValueInputsLevel3Member
Derivatives, index options 95,987us-gaap_DerivativeAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
114,287us-gaap_DerivativeAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Life interest in Libbie Shearn Moody Trust 12,775nwli_InterestInTrustFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
12,775nwli_InterestInTrustFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
LIABILITIES    
Deferred annuity contracts 7,160,752nwli_LiabilityForDeferredAnnuityContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
7,178,535nwli_LiabilityForDeferredAnnuityContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Immediate annuity and supplemental contracts $ 477,219nwli_LiabilityForFuturePolicyBenefitsIndividualAndGroupAnnuitiesAndSupplementaryContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
$ 474,843nwli_LiabilityForFuturePolicyBenefitsIndividualAndGroupAnnuitiesAndSupplementaryContractsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member