Fitch Ratings has affirmed Northwestern Mutual’s AAA financial strength rating, the insurer has announced. The AAA rating is the highest possible rating from Fitch.
The rating reflects Northwestern Mutual’s exceptionally strong capitalization and its leading position in the individual life insurance market.
“For our clients and their trusted advisors, the continued affirmation of our financial strength is an important reminder that Northwestern Mutual can be counted on to be there when clients need us, be it five, 10, or even 50 years from now,” said Todd Jones, Northwestern Mutual vice president and controller. “Our financial strength and our clients’ financial security are inseparable, and this fact is reflected everywhere from the management of our general account portfolio to the individual financial plans our advisor builds with their client.”
With the latest affirmation from Fitch, Northwestern Mutual continues to have the highest financial strength ratings of any US life insurer from all four major ratings companies: AM Best, Fitch Ratings, Moody’s Investors Service and S&P Global Ratings.