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www .massmutual .com. The Massachusetts Mutual Life Insurance Company, also known as MassMutual, is a Springfield, Massachusetts -based life insurance company. MassMutual provides financial products such as life insurance, disability income insurance, long term care insurance, and annuities. Major affiliate includes Barings LLC .
On March 2, 1857 (167 years ago), Northwestern Mutual was founded as the Mutual Life Insurance Company of the State of Wisconsin. Originally located in Janesville, Wisconsin, the fledgling company relocated to Milwaukee in 1859. Shortly after, the company experienced its first two death claims, when an excursion train traveling from Fond du Lac ...
www.westernsouthern.com. Western & Southern Financial Group, also commonly referred to as Western & Southern, is a Cincinnati, Ohio -based diversified company of financial services subsidiaries with $111.6 billion in assets owned and managed as of December 2021. [2] As of 2022, it held a "AA- Very Strong" rating from Standard & Poor's, a "A+ ...
Northwestern Mutual posted another stellar year in 2023, setting new records for revenue and year-end surplus for the third consecutive year. The Milwaukee-based insurance and financial management ...
The company was established in 1885, and was originally named the "Northwestern Aid Association". It became the Northwestern Life Association in 1888. In 1901, the company's president, William Frank Bechtel, merged the Northwestern Life Association and the National Mutual Life Association into the Northwestern National Life Insurance Company.
Mutual insurance. A mutual insurance company is an insurance company owned entirely by its policyholders. It is a form of consumers' co-operative. Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders in the form of dividend distributions or reduced future premiums.
For example, Northwestern Mutual expects to pay more than $5 billion in dividends to participating policyowners in 2008. Northwestern Mutual has paid its policyowners more than $65 billion in dividends, since the company was founded 151 years ago. Mass Mutual Financial Group's Web site defines life insurance policy dividends.
Nationwide Mutual Insurance Company and affiliated companies, commonly shortened to Nationwide, is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. The company also operates regional headquarters in Scottsdale, Arizona and Des Moines, Iowa. [2] Nationwide currently has approximately 25,000 employees, [3 ...