Annuity Companies

Northwestern Mutual Life Annuities

Northwestern Mutual, founded in 1857, offers variable and fixed annuities, with an emphasis on variable annuities. It was named one of the “World’s Most Admired Companies” in its industry for 2018, according to FORTUNE magazine’s well-known survey. The widely followed rating agencies rate NY Life as exceptionally strong, with ratings of  A++ (A.M. Best), AAA (Fitch), Aaa (Moody’s) and AA+(Standard & Poor’s). As indicated by the company’s name, it is a mutual insurance company, which means that its policyowners are a part of the company’s ownership and may share in its profits from annual dividends. The company was ranked #16 in variable annuity sales in 2018 and had over $253 billion in assets as of year-end 2018. Company website: www.northwesternmutual.com

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.