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March 1, 2013updated 13 Apr 2017 8:40am

Northwestern Mutual recognized as one of “World’s Most Admired” companies

Northwestern Mutual today was recognized as one of the "World's Most Admired" companies in the life insurance industry, according to executives, directors and analysts worldwide responding to FORTUNE® magazine's 2013 annual survey.

By Verdict Staff

The financial security company led its industry in the attribute of Financial Soundness and continued to be the highest-ranking life insurance company that operates solely in the U.S. to be listed on FORTUNE’s global survey.

"As a company that offers financial security domestically to 3.5 million policyowners, we appreciate being recognized as a most-admired business in the world by trusted industry experts and our peers," said John E. Schlifske, Northwestern Mutual chairman and chief executive officer. "We are especially proud of the high marks we earn from our policyowners as evidenced by our nearly 97% retention rate."

Since 1983, FORTUNE magazine has surveyed industry executives and analysts 39 times to identify the companies that are among the "Most Admired" in their industry; 39 times, Northwestern Mutual has earned that distinction.

All "World’s Most Admired Companies" industry rankings will be featured in FORTUNE magazine’s March 2013 edition.

The FORTUNE honor is one of many recent company accolades:

-Northwestern Mutual maintains the highest financial strength ratings awarded to any life insurer by all four of the major credit rating agencies: A.M. Best Company, A++ (highest) April 2012; Fitch Ratings, AAA (highest), December 2012; Moody’s Investors Service Aaa (highest), December 2012; and Standard & Poor’s AA+ (second highest), June 2012. -Northwestern Mutual expects to pay dividends of more than $5 billion in 2013 – approximately three times the ordinary life insurance dividends of its nearest competitor.

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