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Fortune 500

73

Nationwide

The 93-year-old insurer had a rough year as severe hurricanes and wildfires destroyed homes and other property, forcing Nationwide to pay almost $17 billion in claims. But while revenues dipped slightly, its profits more than doubled due to benefits stemming from the 2017 tax reform legislation. At the same time, the company has been building on its core homeowners, life, and auto policy offerings by investing and partnering with startups specializing in insurance tech, a.k.a. insurtech.

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CEO

Stephen S. Rasmussen

CEO Title

Chief Executive Officer & Director

Sector

Financials

Industry

Insurance: Property and Casualty (Mutual)

HQ Location

Columbus, Ohio

Years on Fortune 500 List

25

Employees

30,472

Key Financials (Last Fiscal Year)
$ millions% change
Revenues ($M)$43,270-1.5%
Profits ($M)$512.6107.9%
Assets ($M)$214,141.9
Total Stockholder Equity ($M)$14,478.1
Profit Ratios
Profit as % of Revenues1.2%
Profits as % of Assets0.2%
Profits as % of Stockholder Equity3.5%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)-
EPS % Change (from 2017)-
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)-
Total Return
Total Return to Investors (2018)-
Total Return to Investors (5 year, annualized)-
Total Return to Investors (10 year, annualized)-