April 28, 2017 3:20 PM ET

Insurance

Company Overview of The Northwestern Mutual Life Insurance Company

Company Overview

The Northwestern Mutual Life Insurance Company various life insurance products to personal, business, and estate markets primarily in the United States. The company offers permanent and term life insurance products; disability insurance; long-term care insurance; annuity products; and education funding plans. It also provides investment products and services, including brokerage services, investment advisory services, trust services, financial planning services, and portfolio management services. The 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 and Chief Executive Officer
Age: 56
President
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 Provides Dividend Guidance for the Year 2017

Northwestern Mutual announced that it expects to pay a total dividend of $5.2 billion to policy owners in 2017.

Northwestern Mutual Appoints Christopher Gahan as Vice President

Northwestern Mutual of the District appointed Christopher Gahan as vice president.

Northwestern Mutual to Pay $5.2 Billion in Dividends in 2017

Northwestern Mutual Life Insurance announced that it expects to pay $5.2 billion to its policy owners through its 2017 dividend payout, down from the $5.6 billion dividend payout of a year ago. About 85% of the $5.2 billion payout will be paid to traditional permanent life insurance. The company also expects to pay record dividends on several other product lines. That includes $360 million on disability income insurance, $165 million on term life and $60 million on annuities. In addition, the company expects to pay $110 million on variable life insurance. In 2017, the company's dividend scale interest rate on unborrowed funds for most traditional permanent life insurance will be 5 percent.

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