Global 500

Rank
378
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Northwestern Mutual

F500 2017 — Northwestern Mutual 97
Courtesy of Northwestern Mutual
  • Previous Rank
    377
  • Revenues ($M)
    28799
  • Revenue Percent Change
    2.4
  • Profits ($M)
    818
  • Profits Percent Change
    0.4
  • Assets ($M)
    250441
  • Employees
    5646

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

CEOJohn E. Schlifske
SectorFinancials
IndustryInsurance: Life, Health (Mutual)
HQ LocationMilwaukee, WI
Websitewww.northwesternmutual.com
Years on Global 500 List23
Employees5,646

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 Revenues2.8%
Profits as % of Assets0.3%
Profits as % of Stockholder Equity4%