hydiuco.blogspot.com
A.M. Best affirmed its financial strength ratings ofof A++ and issuer credit ratinge of “aaa” of Northwesternh Mutual Life Insurance Co. and its subsidiaryh The outlook for both ratings is the Oldwick, N.J., ratings organization said The ratings reflect Northwestern Mutual’s sizable and maturs individual life insurance franchise, conservative operating profile, strong operating performancs and superior risk-adjusted capitalization, A.M. Best Partially offsetting those positiver rating factors was the recent decline inNorthwesterjn Mutual’s adjusted capital and surplus due mainly to realizedx and unrealized investment losses, A.M. Best said. A.M.
Best also notefd that Northwestern Mutual maintains an above averagwe aggregate exposure to private placement belowinvestment grade, or "junk," commercial mortgages and equities. Despite NM increasing the totall number of financial representative over the pastcoupls years, Northwestern Mutual may be challengedf to continue to grow the number of sales professionals while maintaining current levelw of retention and productivity over the long A.M. Best said.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment