February 28, 2015 10:04 PM ET

Insurance

Company Overview of The Northwestern Mutual Life Insurance Company

Company Overview

The Northwestern Mutual Life Insurance Company provides various life insurance products primarily in the United States. The company offers life, annuity, disability, and long-term care insurance products to the personal, business, and estate markets. Its products include permanent, term, and combination life insurance products; disability insurance; long-term care insurance; and annuity products, such as deferred and income annuities, as well as medical, dental, and vision insurance products. The company also provides a range of mutual funds, education funding plans, cash management accounts, and individual retirement accounts. In addition, it offers investment products comprising bonds, cer...

720 East Wisconsin Avenue

Milwaukee, WI 53202

United States

Founded in 1857

Phone:

414-271-1444

Key Executives for The Northwestern Mutual Life Insurance Company

Chairman, Chief Executive Officer, Member of the Management Committee and Member of Finance Committee
Age: 54
President
Age: 56
Chief Financial Officer and Executive Vice President
Age: 52
Executive Vice President of Operations and Technology
Chief Investment Officer and Executive Vice President
Age: 55
Compensation as of Fiscal Year 2014.

The Northwestern Mutual Life Insurance Company Key Developments

The Northwestern Mutual Life Insurance Company Reports Earnings Results for the Year Ended December 31, 2014

The Northwestern Mutual Life Insurance Company reported earnings results for the year ended December 31, 2014. For the year, the company reported gain before taxes of $558 million, net gain from operations of $536 million and net income of $679 million on total revenue of $25,909 million compared to gain before taxes of $508 million, net gain from operations of $526 million and net income of $802 million on total revenue of $24,621 million reported a year ago. Premiums were $17,001 million compared to $16,599 million reported a year ago. Total revenue was $26,707 million compared to $25,858 million reported a year ago.

Northwestern Mutual Appoints Two Executives

Northwestern Mutual has added two multicultural marketing experts to its Diversity and Inclusion team. Jose Gomez, director of diversity and inclusion, leadership development, is responsible for designing and delivering leading edge solutions in diversity, inclusion and multicultural leadership consulting strategies. His expertise includes the areas of workforce, community, marketplace, and leadership diversity. Based in Milwaukee, Gomez previously was senior managing partner of Denver-based Multicultural Solutions, a diversity, bilingual communications and public affairs company focusing on multicultural strategies, training and communications. Prior to that Gomez served as director of diversity and corporate relations at Brinker International; as well as senior manager, corporate affairs and diversity at Walmart Stores Inc.; and director of the Hispanic Alliance for Career Enhancement (HACE) in Chicago. Luis Cachua, director multicultural markets, will develop and lead the company's Hispanic-integrated marketing initiatives out of Los Angeles. Cachua will be working with Northwestern Mutual's cross functional teams and external Hispanic community partners. Cachua comes to Northwestern Mutual with significant marketing experience in financial services, having worked on multicultural market development with Wells Fargo, most recently as vice president of diverse segments strategy including management of national sponsorships and design of integrated marketing plans.

Northwestern Mutual Life Insurance Co. Purchases Two Adjacent Office and Apartment Buildings

Northwestern Mutual Life Insurance Co. has purchased two adjacent office and apartment buildings near its downtown campus for $2.55 million. The company bought the buildings, at 765-769 N. Van Buren St. and 771-773 N. Van Buren St., from VB 765 LLC. The three-story buildings total around 13,400 square feet, and their lots total 7,200 square feet.

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