October 22, 2016 9:08 PM ET


Company Overview of The Northwestern Mutual Life Insurance Company

Company Overview

The Northwestern Mutual Life Insurance Company provides various life insurance products to personal, business, and estate markets primarily in the United States. Its products include permanent and term life insurance products; disability insurance; long-term care insurance; annuity products, such as deferred and income annuities; and education funding plans. The company’s investment products and services comprise brokerage services, investment advisory services, trust services, financial planning services, and portfolio management services. The Northwestern Mutual Life Insurance Company was founded in 1857 and is based in Milwaukee, Wisconsin.

720 East Wisconsin Avenue

Milwaukee, WI 53202

United States

Founded in 1857



Key Executives for The Northwestern Mutual Life Insurance Company

Chairman, Chief Executive Officer, Member of the Management Committee and Member of Finance Committee
Age: 56
Age: 58
Chief Financial Officer and Executive Vice President
Age: 54
Executive Vice President of Operations and Technology
Chief Investment Officer and Executive Vice President
Age: 58
Compensation as of Fiscal Year 2016.

The Northwestern Mutual Life Insurance Company Key Developments

Northwestern Mutual Life Insurance Co to Cut 100 Jobs This Year and Hundreds More in 2017

Northwestern Mutual Life Insurance Co will cut 100 jobs this year and hundreds more in 2017. The company will cut the jobs as it is dealing with lingering low interest rates that have made it harder to increase profits.

Northwestern Mutual Announces Execute Changes

John McTigue, CLU®, Northwestern Mutual's long-time successful Chicago-based managing partner, has joined Northwestern Mutual's corporate headquarters to serve as Chief Distribution Advisor. McTigue will oversee a team responsible for engaging the company's managing partners, managing directors and financial representatives in growing the company's nationwide force of financial planning experts. McTigue will be succeeded as Managing Partner of Northwestern Mutual - Chicago by Corey McQuade, former Managing Director in Oak Brook, Illinois, and a member of McTigue's leadership team.

Northwestern Mutual Reports Financial Results for the Year 2015; Affirms to Pay Dividend for 2015

Northwestern Mutual reported financial results for the year 2015. The company reported revenue increased to $27.9 billion. The company's operating gain before taxes and dividends grew to $6.4 billion. The company's total surplus increased to $23.6 billion. The results reflect Northwestern Mutual's strong operating fundamentals and underscore the growing demand for the company's approach to financial security. The company affirmed that it would be paying the $5.6 billion in dividends that it announced in October 2015.

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