Rank
378
Northwestern Mutual
Courtesy of Northwestern Mutual
- Previous Rank377
- Revenues ($M)28799
- Revenue Percent Change2.4
- Profits ($M)818
- Profits Percent Change0.4
- Assets ($M)250441
- Employees5646
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 $100 billion of client assets under management, up 13%. A new 32-story tower in downtown Milwaukee and a number of new executives should inject new life into the 160-year-old company.
Company Information
CEO | John E. Schlifske |
Sector | Financials |
Industry | Insurance: Life, Health (Mutual) |
HQ Location | Milwaukee, WI |
Website | www.northwesternmutual.com |
Years on Global 500 List | 23 |
Employees | 5,646 |
Key Financials (Last Fiscal Year)
Revenues ($M) | $28,799 |
Profits ($M) | $818 |
Assets ($M) | $250,441 |
Total Stockholder Equity ($M) | $20,226 |
Profit Ratios
Profit as % of Revenues | 2.8% |
Profits as % of Assets | 0.3% |
Profits as % of Stockholder Equity | 4% |