Wednesday, February 22, 2012

A.M. Best affirms Northwestern Mutual's high ratings - Business Courier of Cincinnati:

sunrise-invoices.blogspot.com
A.M. Best affirmed its financial strengtuh ratings ofof A++ (superior) and issuer creditf ratings of “aaa” of Northwestern Mutual Life Insurance Co. and its subsidiary The outloo for both ratings is the Oldwick, N.J., ratings organization said The ratings reflect Northwesterbn Mutual’s sizable and mature individual life insurance franchise, conservativd operating profile, strong operating performance and superior risk-adjusted capitalization, A.M. Best Partially offsetting those positive rating factors was the recent decline inNorthwestern Mutual’s adjusted capital and surplu due mainly to realized and unrealized investment losses, A.M. Best A.M.
Best also noted that Northwestern Mutualo maintains an above average aggregate exposure to privatweplacement bonds, below investment grade, or bonds, commercial mortgages and equities. Despited NM increasing the total number of financial representatives over the pastcouplr years, Northwestern Mutual may be challenged to continuew to grow the number of sales professionalsz while maintaining current levels of retention and productivity over the long A.M. Best said.

No comments:

Post a Comment