Our financial team led by CEO Mehran Assadi gave an upbeat assessment of our outlook in a recent call with investors of our bonds.
The call is an annual update that we do with those investors and Mehran used as an opportunity to brief them on what National Life has already done and is planning to do to deal with the new economy, especially in working with our distribution partners.
“We remain optimistic about our business model and we’re excited about the fact that these long-term relationships who’ve been with us fore over a decade,” he said. “They have successfully transitioned to the new normal.”
National Life has successfully taken advantage of our success in moving toward electronic applications before the Covid-19 crisis and adopted electronic delivery of policies, he told the investors.
We have an audio recording of the full call, which you can listen to below.