Our Commitment to Financial Strength
Trust starts with financial strength
We're among the strongest.
Financial strength isn't something you claim; it's established by hard numbers. Our financial statements show that we maintain exceptional financial health. But don't just take our word for it. Northwestern Mutual has earned the highest financial strength rating awarded to any U.S. life insurer by all the major ratings agencies.See 2019 Annual Report
Trust is the foundation of all successful financial relationships. You need the confidence that we know what we're doing, will honor our commitments, and make you – our client – our highest priority. To do all this all the time – without cutting corners or being distracted by financial pressures – means having the resources that only come with financial strength.
Northwestern Mutual was named one of the "World's Most Admired Companies" in its industry according to FORTUNE magazine's annual survey, published February 2021. Additionally, the FORTUNE 500 ranking is among the most recognized measure of financial success. Being #102 in 2020 affirms that Northwestern Mutual is among America's premier companies.
In 2021, Northwestern Mutual was once again named one of the "World's Most Admired Companies" in its industry according to FORTUNE magazine's annual survey. We secured the number one ranking for the financial soundness, long-term investment value, people management, and use of corporate assets categories.
The ratings reflect Northwestern Mutual's balance sheet strength, which A.M. Best categorizes as strongest, as well as its very strong operating performance, very favorable business profile and very strong enterprise risk management.
“Fitch views Northwestern's successful distribution system, large and stable block of traditional life insurance, and low expense structure relative to peers as key competitive advantages.”
Investors Service Rating
The ratings reflect “the company's exceptional business and financial strength which includes a leading position and strong franchise in its core market with a significant focus on participating whole life insurance, a very productive distribution network, strong operating fundamentals reflected by its excellent persistency and mortality experience, and a robust and resilient balance sheet characterized by consistent investment performance and solid capital adequacy.”
We view Northwestern's management team, led by CEO John Schlifske, and its strategy positively. Management is well seasoned with a strategy that emphasizes long-term stability and strength, and a commitment to mutuality and policyholders. It has shown consistent commitment to its core individual life insurance products and distribution.
Read more about our investment strategies and how they support our promises to clients.
Want to see how well we're doing? Take a look at our latest results:
2020 Audited Financial Statements
2020 Statutory Annual Statement for Northwestern Mutual Life Insurance Company
2020 Statutory Annual Statement for Northwestern Long Term Care Insurance Company
2020 Statutory Quarterly Statements for Northwestern Mutual Life Insurance Company
Third QuarterDownload the Third Quarter Summary of Financial Results
Download the Third Quarter Statutory Statement
Second QuarterDownload the Second Quarter Summary of Financial Results
Download the Second Quarter Statutory Statement
First QuarterDownload the First Quarter Summary of Financial Results
Download the First Quarter Statutory Statement
2020 Statutory Quarterly Statements for Northwestern Long Term Care Insurance Company
Third QuarterDownload the Third Quarter Statutory Statement
Second QuarterDownload the Second Quarter Statutory Statement
First QuarterDownload the First Quarter Statutory Statement
Backing our strength – Northwestern Mutual's investment portfolio
Northwestern Mutual invests the majority of its assets through the General Account, the company's $200 billion+ portfolio. The portfolio has grown consistently year after year. By buying life insurance, disability insurance and deferred annuities, clients immediately gain the opportunity to share in the company's favorable results.
Want to know more? Download a comprehensive listing of Northwestern Mutual Life Insurance Company's investment holdings as of December 31, 2020.
Schedule A (Parts 1–3) – Real Estate
Schedule B (Parts 1–3) – Mortgage Loans
Schedule BA (Parts 1–3) – Other Long-Term Invested Assets
Schedule D (Part 1) – Long-Term Bonds
Schedule D (Part 2) – Stocks
Schedule D (Part 3) – Long-Term Bonds and Stocks Acquired During Current Year (2020)
Schedule D (Part 4) – Long-Term Bonds and Stocks Sold, Redeemed or Otherwise Disposed of During Current Year (2020)
Schedule D (Part 5) – Long-Term Bonds and Stocks Acquired and Disposed of During Current Year (2020)
Schedule D (Part 6) – Shares of Subsidiary, Controlled or Affiliated Companies
Schedule DA (Part 1) – Short-Term Investments
Schedule DB (Part A) – Options, Caps, Floors, Collars, Swaps and Forwards Open as of 12/31/20
Schedule DB (Part B) – Future Contracts Open as of 12/31/20
Schedule DB (Part D) – Counterparty Exposure of Derivative Instruments Open as of 12/31/20
Schedule DB (Part E) – Derivatives Hedging Variable Annuity Guarantees as of 12/31/20
Schedule DL (Parts 1 & 2) – Reinvested Collateral Assets
Schedule E (Parts 1–3) – Cash
We put clients first.
"We succeed when you succeed." For more than 160 years, we've been an industry leader by holding true to this simple principle. By managing our business effectively and acting in the best Long-Term interest of our clients, we're able to offer excellent product value and service for a lifetime of financial security.
Northwestern Mutual continues to have the highest financial strength ratings awarded to any U.S. life insurer by all four of the major rating agencies: A.M. Best Company, A++ (highest), April 2020; Fitch Ratings, AAA (highest), August 2020; Moody's Investors Service, Aaa (highest), December 2020; S&P Global Ratings, AA+ (second highest), June 2020. Third-party ratings are subject to change. Ratings are for The Northwestern Mutual Life Insurance Company and Northwestern Long Term Care Insurance Company.