A.M. Best affirms Northwestern Mutual's A++ rating; highlights 'solid' performance
MILWAUKEE, May 11, 2016 /PRNewswire/ -- A.M. Best Company has affirmed Northwestern Mutual's A++ financial strength rating, the highest possible rating from A.M. Best.
The rating reflects Northwestern Mutual's strong financial position and ability to meet policyowner commitments.
"The superior rating reflects Northwestern Mutual's favorable level of risk-adjusted capitalization, exclusive career agency distribution system, strong liquidity and leading market position in participating whole life insurance," A.M. Best said in its news release. "The ratings also acknowledge the depth and strength of its enterprise risk management program, along with the earnings diversification provided by complementary life, annuity and disability product lines."
Measures of strength
A.M. Best described Northwestern Mutual's operating performance as "solid" as measured by growth in invested assets, capital and premiums. The agency also noted that our investment yield is stable compared to other life insurance companies'.
With this latest affirmation, Northwestern Mutual continues to have the highest financial strength ratings awarded to any life insurer by all four of the major rating agencies: A.M. Best Company, A++ (highest), May 2016; Fitch Ratings, AAA (highest), September 2015; Moody's Investors Service, Aaa (highest), January 2016; and Standard & Poor's, AA+ (second highest), May 2015. Third-party ratings are subject to change. Ratings are for The Northwestern Mutual Life Insurance Company and Northwestern Long Term Care Insurance Company.
For more information, see the Our Commitment to Financial Strength page on northwesternmutual.com.
About Northwestern Mutual
Northwestern Mutual has been helping families and businesses achieve financial security for nearly 160 years. Our financial representatives build relationships with clients through a distinctive planning approach that integrates risk management with wealth accumulation, preservation and distribution. With $238.5 billion in assets, $27.9 billion in revenues and more than $1.6 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.3 million people who rely on us for insurance and investment solutions, including life, disability income and long-term care insurance; annuities; trust services; mutual funds; and investment advisory products and services. Northwestern Mutual is recognized by FORTUNE magazine as one of the "World's Most Admired" life insurance companies in 2016.
SOURCE Northwestern Mutual
John Gardner, 18003237033, firstname.lastname@example.org
5/11/2016 9:06:00 AM