Financial Standing
The company maintains unsurpassed ratings for insurance financial strength from all four major rating agencies (Standard & Poors lowered ratings for a number of insurance companies, including Northwestern Mutual, to AA+ in August 2011. This was in response to "the United States government from its (S&P's) list of risk-free borrowers": A.M. Best, Standard & Poor's, Moody's, and Fitch Ratings.
The company is the nation's largest direct provider of individual life insurance in the United States, with more than $2 trillion in force. It is also the industry leader in total individual life insurance dividends paid to policy owners.
Read more about this topic: Northwestern Mutual
Famous quotes containing the words financial and/or standing:
“In full view of his television audience, he preached a new religion—or a new form of Christianity—based on faith in financial miracles and in a Heaven here on earth with a water slide and luxury hotels. It was a religion of celebrity and showmanship and fun, which made a mockery of all puritanical standards and all canons of good taste. Its standard was excess, and its doctrines were tolerance and freedom from accountability.”
—New Yorker (April 23, 1990)
“When God at first made man,
Having a glass of blessings standing by,
“Let us,” said He, “pour on him all we can:
Let the world’s riches, which dispersed lie,
Contract into a span.””
—George Herbert (1593–1633)