Earnings: National Western, Presidential Life, Hooper Holmes, Ebix

August 12, 2011 at 08:00 PM
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More life insurers and life support services companies reported earnings this week.

National Western Life Insurance Company, Austin, Texas (Nasdaq:NWLI)

2Q 2011 Results

NET INCOME: $14 million

REVENUE: $140 million

2Q 2010 Results

NET INCOME: $21 million

REVENUE: $97 million

Presidential Life Corp., Nyack, N.Y. (Nasdaq:PLFE)

2Q 2011 Results

NET INCOME: $14 million

REVENUE: $74 million

2Q 2010 Results

NET INCOME: $7.1 million loss

REVENUE: $70 million

Hooper Holmes Inc., Basking Ridge, N.J. (NYSE Amex:HH)

2Q 2011 Results

NET INCOME: $1.6 million loss

REVENUE: $38 million

2Q 2010 Results

NET INCOME: $1.2 million

REVENUE: $41 million

- Hooper Holmes sells life insurance testing services, insurance tele-underwriting services, wellness testing services and other services.

- Demand for outsourced underwriting services was strong, but demand for tele-underwriting services was soft.

Ebix Inc., Atlanta (Nasdaq:Ebix)

2Q 2011 Results

NET INCOME: $22 million

REVENUE: $42 million

2Q 2010 Results

NET INCOME: $14 million

REVENUE: $32 million

- Ebix runs the AnnuityNet system.

- Allison Bell

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