B
NORTHWESTERN MUTUAL LIFE INS CO
Milwaukee, WI
Data as of
September 30, 2020
NAIC
Classification
Life & Annuity
Risk Adjusted
Capital Ratio #1
3.41
Risk Adjusted
Capital Ratio #2
1.71
Total
Assets
299.77B
Capital
24.63B
Net
Premiums
13.99B
Net
Income
574.66M
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Major Rating Factors: Good quality investment portfolio (5.7 on a scale of 0 to 10) despite large holdings of BBB rated bonds in addition to junk bond exposure equal to 62% of capital. Exposure to mortgages is significant, but the mortgage default rate has been low. Good overall profitability (6.0) although investment income, in comparison to reserve requirements, is below regulatory standards. Good liquidity (5.8).
Other Rating Factors: Good overall results on stability tests (6.7) excellent operational trends and excellent risk diversification. Strong capitalization (8.1) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors: I - Past results on our Investment Safety Index. L - Past results on our liquidity tests.
Principal Lines of Business: Ind annuities (10.9%), ind health (10.8%), group annuities (0.9%), group health (0.4%), other (77.0%)
Licensed in: All states except PR
Investments
Invested Assets
248.3B
Cash
0.06%
CMO & Structured Securities
14.96%
Other Investment Grade Bonds
43.86%
Non-Investment Grade Bonds
6.17%
Common & Preferred Stock
1.88%
Mortgages in Good Standing
16.02%
Non-Performing Mortgages
0.00%
Real Estate
1.16%
Other Investments
15.40%
Investments in Affiliates
5.48%
Corporate Info
Group Affiliation
Northwestern Mutual Group
Investment Rating
--
Company Address
720 EAST WISCONSIN AVENUE
MILWAUKEE, WI 53202
Phone Number
(414) 271-1444
NAIC Number
67091
Largest Affiliates
Weiss Ratings