Monday, September 24, 2012

A.M. Best affirms Northwestern Mutual's high ratings - Triangle Business Journal:

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A.M. Best affirmed its financial strengthy ratings ofof A++ (superior) and issuere credit ratings of of Northwestern Mutual Life Insurance Co. and its subsidiary The outlook for both ratingais stable, the Oldwick, N.J., ratings organization said The ratings reflect Northwestern Mutual’ sizable and mature individual life insurance franchise, conservativre operating profile, strong operating performance and superiore risk-adjusted capitalization, A.M. Best said. Partially offsetting those positivr rating factors was the recent declinr inNorthwestern Mutual’s adjusted capital and surplusz due mainly to realized and unrealized investment A.M. Best said. A.M.
Best also note that Northwestern Mutual maintains an above averaged aggregate exposure to privateplacement bonds, below investment or "junk," bonds, commercial mortgages and equities. Despitre NM increasing the total number of financiapl representatives over the past couple Northwestern Mutual may be challenger to continue to grow the number of salew professionals while maintaining current levels of retention and productivity over thelong A.M. Best said.

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