97 - Northwestern Mutual

- Courtesy of Northwestern Mutual
Courtesy of Northwestern Mutual

The Milwaukee-based, privately-held life insurer isn’t owned by stockholders and likes to emphasize that it has a longer view than its publicly traded peers. That’s a good thing historically low interest rates are certainly weighing on the category. Northwestern Mutual’s total risk premium sales topped $1 billion in 2016 and the company managed total premium revenue of $17.9 billion for its insurance and annuity products, a record. It also surpassed $100 billion of client assets under management, up 13%. A new 32-story tower in downtown Milwaukee and a number of new executives should inject new life into the 160-year-old company.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$28799
Revenue Percent Change2.4%
Profits ($M)$818.0
Profits Percent Change0.4%
Assets ($M)$250441
Market Value — as of March 31, 2017 ($M)$
Previous Rank100

Company Facts

IndustryInsurance: Life, Health (Mutual)
HQ LocationMilwaukee, WI
CEOJohn E. Schlifske
CEO Title-
Years on Fortune 500 List23

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