A.M. Best affirms Northwestern Mutual's A++ rating, highlights its leading market position

News provided by

May 27, 2015, 09:00 ET

MILWAUKEE, May 27, 2015 /PRNewswire/ -- A.M. Best Company has affirmed the A++ financial strength rating of Northwestern Mutual and Northwestern Long Term Care Insurance Company. A++ is the highest possible rating from A.M. Best, an indication of Northwestern Mutual's strong financial position and ability to meet policyowner commitments.

"The ratings reflect Northwestern Mutual's leading market position and the strength of its franchise as the top writer of whole life insurance in the United States, its highly productive exclusive distribution system and superior risk-adjusted capitalization," A.M. Best said in its news release. "The ratings also recognize Northwestern Mutual's favorable liability profile and the strength of its business profile as one of the largest mutual insurance companies in the United States."

Highly predictable performance
A.M. Best also commented on Northwestern Mutual's predictable performance. "The company's large block of traditional participating whole life insurance is viewed favorably in terms of product creditworthiness, and the company historically has exhibited favorable investment, expense, persistency and mortality results."

The rating agency said Northwestern Mutual's products do not include aggressive features and provide "stable, long-term cash flows that contribute to the organization's favorable and highly predictable operating performance."

Industry's best ratings
Northwestern Mutual continues to have the highest financial strength ratings awarded to any life insurer by all four of the major credit rating agencies: A.M. Best Company, A++ (highest), May 2015; Fitch Ratings, AAA (highest), November 2014; Moody's Investors Service, Aaa (highest), December 2014; and Standard & Poor's, AA+ (second highest), July 2014. Ratings are subject to change.

For more information, see the Our Commitment to Financial Strength page on northwesternmutual.com.

About Northwestern Mutual
Northwestern Mutual has been helping families and businesses achieve financial security for nearly 160 years. Our financial representatives build relationships with clients through a distinctive planning approach that integrates risk management with wealth accumulation, preservation and distribution. With $230 billion in assets, $27 billion in revenues, nearly $90 billion in assets under management in our investment products and services, and more than $1.5 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to 4.3 million people who rely on us for insurance and investment solutions, including life, disability income and long-term care insurance; annuities; trust services; mutual funds; and investment advisory products and services. Northwestern Mutual is recognized by FORTUNE magazine as one of the "World's Most Admired" life insurance companies in 2015.

Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company, Milwaukee, WI, and its subsidiaries. Northwestern Mutual and its subsidiaries offer a comprehensive approach to financial security solutions including: life insurance, long-term care insurance, disability income insurance, annuities, life insurance with long-term care benefits, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC, broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company, limited purpose federal savings bank; and Northwestern Long Term Care Insurance Company.

SOURCE Northwestern Mutual