B
NATIONWIDE LIFE INS CO
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Good quality investment portfolio (6.3 on a scale of 0 to 10) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to small junk bond holdings. Good Liquidity (6.7) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders. Fair overall results on stability tests (4.9).
Other Rating Factors: Strong capitalization (7.8) based on excellent risk adjusted capital (severe loss scenario). Excellent profitability (8.1) with operating gains in each of the last five years.
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind annuities (39.3%), group annuities (37.7%), group life (18.9%), other (4.1%)
Licensed in: All states, the District of Columbia and Puerto Rico
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Nationwide Corp
Investment Rating
--
Company Address
ONE WEST NATIONWIDE BLVD
COLUMBUS, OH 43215
Phone Number
(614) 249-7111
NAIC Number
66869
Largest Affiliates
B
COLUMBUS, OH - P&C
C
C
COLUMBUS, OH - P&C
Weiss Ratings