66 - Nationwide

- Courtesy of Nationwide Mutual Insurance
Courtesy of Nationwide Mutual Insurance

The life, property and auto insurer Nationwide jumps two spots up this year’s list after growing sales 10%, thanks to a boost in its financial services business. Unlike some of its peers, accounting changes from the recent tax reform law had little effect on Nationwide’s bottom line. But the company’s profits still fell 26%, as the brutal hurricane season and west coast wildfires left unprecedented damage in their wake–along with a tidal wave of insurance claims.

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Key Metrics & Financials (Last Fiscal Year)

Previous Rank68
Revenues ($M)$43940
Revenue Percent Change9.6%
Profits ($M)$246.5
Profits Percent Change-26.2%
Assets ($M)$221257
Market Value — as of March 29, 2018 ($M)-

Company Facts

IndustryInsurance: Property and Casualty (Mutual)
HQ LocationColumbus, Ohio
CEOStephen S. Rasmussen
CEO Title-
Years on Fortune 500 List24

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