Northwestern Mutual-Insurance Companies In The US
Northwestern Mutual-Insurance Companies In The US. Life insurance is a contract with an insurance company and
will be paid to the beneficiary after the death of the principal or after a certain period. Insurance packages can cover
a lot of things, all depending on the insurance company and the premium paid. The first life insurance company in
the United States was founded in 1759 and the industry has grown exponentially over the years. In 2014, an
estimated 180 million Americans had at least one life insurance policy. In the same year, about 900 life insurers
reported a total of about $ 147 billion in direct premiums across the country. MetLife Inc., the largest life insurance
company in the United States, posted 11.3 billion in premiums, with about 7.7% market share. . each posted over $ 7 billion in premiums.
Northwestern Mutual ranks second with over 9.5 billion reported premiums, with a market value of approximately
6.5% in 2014. In the same year, the company recorded total revenue of approximately $ 26.7 billion. Northwestern
Mutual is a mutual insurance company that operates to benefit policyholders. In 2014, policyholders’ dividends
totaled $ 5.5 billion, with insurers paying nearly $ 5 billion. In addition to life insurance, the company also offers
investment products, financial planning services, and many other insurance products.