Company Overview of Nationwide Insurance Enterprise, Inc.
Nationwide Insurance Enterprise, Inc., through its subsidiaries, provides property and casualty insurance, financial services, and asset management to individuals and businesses in the United States. The company’s individual solutions include auto insurance, such as car insurance; vehicle, property, life, and specialty health and travel insurance; investments, including retirement solutions, retirement plans, IRAs, annuities, and mutual funds; and banking solutions, such as online banking, credit cards, home equity lines of credit, home equity loans, and auto loans. The company’s businesses solutions comprise business insurance, business owners insurance policy, business liability insurance,...
One Nationwide Plaza, 3-14-05
Columbus, OH 43215-2220
Key Executives for Nationwide Insurance Enterprise, Inc.
Chief Executive Officer and Director
Chief Financial Officer and Executive Vice President
President of Nationwide Insurance and Chief Operating Officer of Nationwide Insurance
President of Nationwide Financial and Chief Operating Officer of Nationwide Financial
President of Allied Group and Chief Operating Officer of Allied Group
Compensation as of Fiscal Year 2014.
Nationwide Insurance Enterprise, Inc. Key Developments
Nationwide Presents at CIO Insurance Summit 2013, Sep-11-2013 through Sep-12-2013
Sep 10 13
Nationwide Presents at CIO Insurance Summit 2013, Sep-11-2013 through Sep-12-2013. Venue: Four Seasons Hotel Atlanta, Atlanta, Georgia, United States. Presentation Date & Speakers: Sep-11-2013, Guru Vasudeva, SVP & Enterprise CTO. Sep-12-2013, Guru Vasudeva, SVP & Enterprise CTO.
Nationwide Announces Earnings Results for the Six Months Ended June 30, 2013
Aug 8 13
Nationwide announced earnings results for the six months ended June 30, 2013. For the period, the company reported net operating income of $749 million compared to $373 million during the same period of 2012. Total operating revenue grew 9% to $11.8 billion for the first half. Net investment income was $1.6 billion, which remained steady compared to last year. Net income was $1.1 billion, up significantly from the $386 million reported in the same period in 2012, driven by net operating income growth and gains on the company's risk and capital management programs.
Nationwide Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013
May 7 13
Nationwide announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, net operating income was $417 million compared to $274 million in the same period of 2012. First quarter 2013 performance reflected continued strong operating revenue growth and a balanced contribution from the company's financial services and property & casualty (P&C) businesses. Total operating revenue grew almost 12% to $5.8 billion and total policyholder equity increased to $19.6 billion, compared to $19.3 billion at the end of 2012. Net investment income increased to $785 million from $777 million the year before. Net income of $484 million was down slightly from the $508 million reported in first quarter 2012 due to lower gains on Nationwide's risk and capital management programs.
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