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February 13, 2016 9:11 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 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

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: 55
President
Age: 57
Chief Financial Officer and Executive Vice President
Age: 53
Executive Vice President of Operations and Technology
Chief Investment Officer and Executive Vice President
Age: 56
Compensation as of Fiscal Year 2015.

The Northwestern Mutual Life Insurance Company Key Developments

The Northwestern Mutual Life Insurance Company Presents at REITWorld 2015: NAREIT's Annual Convention, Nov-17-2015

The Northwestern Mutual Life Insurance Company Presents at REITWorld 2015: NAREIT's Annual Convention, Nov-17-2015 . Venue: Wynn Las Vegas, 3131 S Las Vegas Blvd, Las Vegas, NV 89109, United States.

Northwestern Mutual to Build New 33-Story Building in Milwaukee, Wisconsin

Northwestern Mutual has announced plans to build a new 33-story real estate development adjacent to its downtown Milwaukee campus in Wisconsin. The tower will feature high-end residential apartments and retail space, while also addressing the company's workforce parking needs. The development is estimated at more than $100 million and will be built on property the company owns on the block bounded by North Van Buren, North Jackson, East Mason and East Wells streets. A 25-story residential high-rise with a total of 308 high-end apartment units and 16 penthouse units with extensive views of Lake Michigan and downtown. The building will have one-bedroom, two-bedroom and three-bedroom units. A plaza at the corner of Mason and Van Buren that will invite activity from adjacent tenants and the community. Ground-floor retail space along Jackson, Mason and Van Buren streets. An 8-story parking garage with 1,100 parking stalls below the 25 residential stories. Northwestern Mutual will make some spaces available for employees, with the remainder open to the public at market rates. The parking structure will feature dedicated space for bicycles and motorcycles, and charging stations for electric cars may also be included. A glass exterior, a 9th floor rooftop swimming pool, an outdoor fire pit, an indoor golf simulator, and a large fitness center. Additional underground parking stalls will be available exclusively for tenants.

Northwestern Mutual to Build Second Tower in Downtown Milwaukee

Northwestern Mutual, which already is building a 32-story, $450 million headquarters office in downtown Milwaukee, said it plans to construct a 33-story, mixed-use development across from the headquarters. Northwestern Mutual estimates the project cost at more than $100 million. It will be built on property the company already owns on the block bounded by North Van Buren, North Jackson, East Mason and East Wells streets immediately to the northwest of the existing headquarters. The 925,600-square-foot building will include a 25-story residential high-rise above an eight-story parking garage with 1,100 parking stalls. The residential portion will consist of 308 high-end apartment units and 16 penthouse units with extensive views of Lake Michigan and downtown, the company said. The project will have retail space on the ground floor along Jackson, Mason and Van Buren streets. The project is being developed as an investment property by Northwestern Mutual Real Estate, which is the company's real estate investment arm and one of the such investors in the United States. The Northwestern Mutual residential tower is the latest in a series of major downtown developments already underway or planned in the near future. Besides the NM corporate tower, the 833 East office building from Irgens Development is nearly complete on East Michigan Street. Milwaukee developer Rick Barrett plans the high-rise Couture just south of O'Donnell Park and Johnson Controls Inc. is studying land to the south of the Couture site for an office project. On the west side of downtown, the Milwaukee Bucks are preparing to break ground in coming months on a $500 million arena project and $400 million in mixed-use projects on the Park East corridor.

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