answersLogoWhite

0


Best Answer

We've been dealing with WNL for nearly 30 years and cannot get an answer. Our only guess is Who would want to invest with AIG right now? We were never notified that AIG bought them out! Will update if we can get an answer out of them.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why was AIG Annuity co renamed Western National Life?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are National Western Life's annuity products?

Pyramid's effect.


Who bought Western National Life Insurance?

Are you sure you are not looking for National Western? https://www.nationalwesternlife.com/ No, there was a Western National Life Insurance Company of Amarillo, Texas that existed as of 12/31/1995--the last document I can find. Now I need to find out who bought out the company. Western National Life Insurance Company was bought out by American General Life Insurance Company, which was then purchased by AIG. WNL now does business as AIG Annuity. See www.aigannuity.com for contact information.


Where can a deal on an annuity loan be sought?

There are many places that offer deals on annuities. Some places to get an annuity loan include Minnesota Life, Annuity Advantage, and Midland National.


How safe is your annuity with western National Life Insurance Company?

Western National Life Insurance Company (NASDAQ: NWLI) was upgraded recently to an "A" (excellent) rating from "A-" by A.M. Best Company based on a conservative investment portfolio. WNLIC holds "A-" (strong), "A1" (good) and "A+" (strong) ratings from Fitch, Moody's and S&P (respectively). Despite AIG ownership, history and recent reports suggest that your annuity is quite safe with WNLIC and that you should not worry about the organization's ability to pay.


What is a period certain annuity and a life annuity?

A period certain annuity guarantees payments for a specific period, such as 10 or 20 years, regardless of the annuitant's lifespan. A life annuity provides payments for the lifetime of the annuitant, ensuring income for as long as they live but ceasing upon their death.


Do you know of a company that has a - No load indexed universal life insurance policy?

Midland National Life XLec product Don't Trust Midland National Life I would NEVER buy anything from Midland National Life or Midland Annuity. They have been sued all over the country for ripping off senior citizens. Midland National is part of the Sammons Financial Group and is affiliated with the North American Company for Life and Health and Midland Annuity. If you want to know more just Google MIDLAND NATIONAL LIFE REVIEW or MIDLAND NATIONAL LIFE COMPLAINT


What is the symbol for National Western Life Insurance Company in NASDAQ?

The symbol for National Western Life Insurance Company in NASDAQ is: NWLI.


Is the western national life insurance company the same as the national western life insurance company?

No it is different. It used to be Western National Life and then it was acquired by AIG. As of Sept. 1, 2009 it has gone back to using the Western National Life name. I am unsure of my investment so am going to have to research and see if I am still secure with WNL.


Is there a difference between a life annuity and an insurance annuity?

There isn't a real difference between life annuity and an insurance annuity. Both are a form of life insurance and deal with the same issues. I would go with either one.


Is an annuity a type of life insurance?

Yes an annuity is a life insurance product. Its kind of like the opposite of life insurance.


What is variable annuity life?

Annuity Life is a contract of insurance between you the buyer and the seller. Variable Annuity Life is a company that covers retirement groups for schools, colleges and Health care.


What is the market cap for National Western Life Insurance Company NWLI?

As of July 2014, the market cap for National Western Life Insurance Company (NWLI) is $912,289,667.35.