The Milwaukee-based, privately-held life insurer isn't owned by stockholders and likes to emphasize that it has a longer view than its publicly traded peers. That's a good thing historically low interest rates are certainly weighing on the category. Northwestern Mutual's total risk premium sales topped $1 billion in 2016 and the company managed total premium revenue of $17.9 billion for its insurance and annuity products, a record. It also surpassed $100 billion of client assets under management, up 13%. A new 32-story tower in downtown Milwaukee and a number of new executives should inject new life into the 160-year-old company.
Company Info
| CEO | John E. Schlifske |
| CEO Title | Chairman & Chief Executive Officer |
| Sector | Financials |
| Industry | Insurance: Life, Health (Mutual) |
| HQ Location | Milwaukee, WI |
| Website | www.northwesternmutual.com |
| Years on Fortune 500 List | 23 |
| Employees | 5,646 |
Key Financials (Last Fiscal Year)
| Revenues ($M) | $28,799 |
| Profits ($M) | $818 |
| Assets ($M) | $250,441 |
| Total Stockholder Equity ($M) | $20,226 |
| Market Value — as of March 31, 2017 ($M) | - |
Profit Ratios
| Profit as % of Revenues | 2.8% |
| Profits as % of Assets | 0.3% |
| Profits as % of Stockholder Equity | 4% |
Earnings Per Share (Last Fiscal Year)
| Earnings Per Share ($) | - |
| EPS % Change (from 2015) | - |
| EPS % Change (5 year annual rate) | - |
| EPS % Change (10 year annual rate) | - |
Total Return
| Total Return to Investors (2016) | - |
| Total Return to Investors (5 year, annualized) | - |
| Total Return to Investors (10 year, annualized) | - |
