Major Rating Factors:
Fair overall results on stability tests (3.8 on a scale of 0 to 10). Good quality investment portfolio (6.3) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to small junk bond holdings. Strong capitalization (8.1) based on excellent risk adjusted capital (severe loss scenario). Moreover, capital levels have been consistently high over the last five years.
Other Rating Factors:
Excellent profitability (8.3) with operating gains in each of the last five years. Excellent Liquidity (9.1).
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 (52.7%), group annuities (23.8%), group life (20.3%), other (3.2%)
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
COLUMBUS, OH 43215
Phone Number
(614) 249-7111
NAIC Number
66869
Largest Affiliates