Mutual Life Insurance Company

Aarti S. Shah Appointed to Northwestern Mutual Board of Trustees

Retrieved on: 
Thursday, February 20, 2020
Economy, Finance, United States securities law, Money, Securities Investor Protection Corporation, Northwestern Mutual, Mutual Life Insurance Company, Broker-dealer, Financial adviser, Financial Industry Regulatory Authority

MILWAUKEE, Feb. 20, 2020 /PRNewswire/ --Northwestern Mutual, a leading financial security company, announced today that Aarti S. Shah, Ph.D., has been appointed to serve on the company's board.

Key Points: 
  • MILWAUKEE, Feb. 20, 2020 /PRNewswire/ --Northwestern Mutual, a leading financial security company, announced today that Aarti S. Shah, Ph.D., has been appointed to serve on the company's board.
  • Shah is the senior vice president and chief information and digital officer for Eli Lilly and Company , a global healthcare leader.
  • She also served on the Northwestern Mutual Policyowners' Examining Committee in the fall of 2019.
  • Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), and its subsidiaries, including Northwestern Long Term Care Insurance Company (NLTC), Northwestern Mutual Investment Services, LLC(NMIS) (securities), a registered investment adviser, broker-dealer, and member FINRA and SIPC, and Northwestern Mutual Wealth Management Company (NMWMC) a federal savings bank.

The Penn Mutual Life Insurance Company Announces Relaunch of Chicago-area Agency

Retrieved on: 
Tuesday, February 11, 2020
Professional services, Insurance, Finance, Penn Mutual, Horsham Township, Montgomery County, Pennsylvania, Mutual Life Insurance Company

The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, has announced a relaunch of its Chicago agency, now Penn Mutual Midwest Wealth Strategies.

Key Points: 
  • The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, has announced a relaunch of its Chicago agency, now Penn Mutual Midwest Wealth Strategies.
  • The organization chose to relaunch incorporating the Penn Mutual name because of mutually aligned values, vision and leadership.
  • In integrating the Penn Mutual name, we will offer our clients and advisers an individualized experience on a larger scale, in collaboration with the long-standing values of Penn Mutual.
  • 2020 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA 19044
    View source version on businesswire.com: https://www.businesswire.com/news/home/20200211005168/en/

Northwestern Mutual Named One of FORTUNE's World's Most Admired Companies

Retrieved on: 
Tuesday, January 21, 2020
Economy, Finance, Money, United States securities law, Securities Investor Protection Corporation, Broker-dealer, Northwestern Mutual, Financial adviser, Financial Industry Regulatory Authority, Mutual Life Insurance Company, Draft:Torino Capital LLC

MILWAUKEE, Jan. 21, 2020 /PRNewswire/ -- Northwestern Mutual , a leading financial security company, announced today it has been named one of the World's Most Admired Companies in its industry according to FORTUNE's annual survey for the 37th year.

Key Points: 
  • MILWAUKEE, Jan. 21, 2020 /PRNewswire/ -- Northwestern Mutual , a leading financial security company, announced today it has been named one of the World's Most Admired Companies in its industry according to FORTUNE's annual survey for the 37th year.
  • Northwestern Mutual secured the number one ranking for the "quality of products/services" and "social responsibility" categories.
  • "It's an honor to once again be named one of the most admired companies in our industry by FORTUNE," said John Schlifske, Northwestern Mutual chairman, president and CEO.
  • Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), and its subsidiaries, including Northwestern Long Term Care Insurance Company (NLTC), Northwestern Mutual Investment Services, LLC(NMIS) (securities), a registered investment adviser, broker-dealer, and member FINRA and SIPC, and Northwestern Mutual Wealth Management Company (NMWMC) a federal savings bank.

The Penn Mutual Life Insurance Company Introduces New Product to Bolster Individual’s Financial Security

Retrieved on: 
Monday, January 6, 2020
Professional services, Insurance, Economy, Finance, Insurance, Types of insurance, Life insurance, Whole life insurance, Penn Mutual, Mutual Life Insurance Company, Pricing

The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 Company, introduces a new Guaranteed Whole LifeSM insurance product that provides an array of options for a lifetime of security.

Key Points: 
  • The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 Company, introduces a new Guaranteed Whole LifeSM insurance product that provides an array of options for a lifetime of security.
  • We are excited to introduce this new whole life product to our already strong and competitive portfolio, said Heather Yonosh, VP, product development and pricing at Penn Mutual.
  • Penn Mutual information in the dividend scale comparison is based on the whole life products inforce during the years reported.
  • Guaranteed Whole Life (ICC18-TL) is a whole life insurance policy offered by The Penn Mutual Life Insurance Company.

The Penn Mutual Life Insurance Company Announces New Name for Dallas-Area Agency

Retrieved on: 
Friday, January 3, 2020
Finance, Consulting, Professional services, Insurance, Human resources, United States securities law, Penn Mutual, Horsham Township, Montgomery County, Pennsylvania, Securities Investor Protection Corporation, Economy of the United States, Financial Industry Regulatory Authority, Mutual Life Insurance Company, Government, Federal government of the United States

The Penn Mutual Life Insurance Company has announced a name change for its Texas agency, Armor Wealth Management, to Penn Mutual Wealth Strategies.

Key Points: 
  • The Penn Mutual Life Insurance Company has announced a name change for its Texas agency, Armor Wealth Management, to Penn Mutual Wealth Strategies.
  • The firms new name is a testament to growing strength of the Penn Mutual brand across the country, says Julie Davis, vice president, agency development for Penn Mutual.
  • Penn Mutual supports its advisers with retirement and investment services through its wholly owned subsidiary Hornor, Townsend & Kent, LLC, member FINRA / SIPC .
  • 2019 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA 19044
    View source version on businesswire.com: https://www.businesswire.com/news/home/20200103005047/en/

New Spots from Northwestern Mutual Explore the Realities and Dreams of Americans Today

Retrieved on: 
Thursday, December 26, 2019
Finance, Service industries, Northwestern Mutual, Mutual Life Insurance Company, Insurance

Northwestern Mutual saw an opportunity todig deeper into the dreams of consumers and its clients, exploring topics like multigenerational households, fertility treatments and entrepreneurship.

Key Points: 
  • Northwestern Mutual saw an opportunity todig deeper into the dreams of consumers and its clients, exploring topics like multigenerational households, fertility treatments and entrepreneurship.
  • Through its research, Northwestern Mutual found that the tension between living for now and saving for later was universal regardless of demographic.
  • For more information about Northwestern Mutual, visit NM.com and to view the four TV spots visit our YouTube channel .
  • Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries.

KBRA Upgrades Ratings of Penn Mutual and Janney Montgomery Scott

Retrieved on: 
Monday, December 16, 2019
Insurance, Professional services, Economy, Finance, Money, Penn Mutual, Kroll Bond Rating Agency, Credit rating agency, Insurance, Mutual Life Insurance Company, Mutual organization

Kroll Bond Rating Agency (KBRA) upgrades the insurance financial strength ratings (IFSR) to AA from AA- of The Penn Mutual Life Insurance Company and its key insurance subsidiaries: The Penn Insurance and Annuity Company, Vantis Life Insurance Company, and Vantis Life Insurance Company of New York (collectively referred to as Penn Mutual).

Key Points: 
  • Kroll Bond Rating Agency (KBRA) upgrades the insurance financial strength ratings (IFSR) to AA from AA- of The Penn Mutual Life Insurance Company and its key insurance subsidiaries: The Penn Insurance and Annuity Company, Vantis Life Insurance Company, and Vantis Life Insurance Company of New York (collectively referred to as Penn Mutual).
  • KBRA also upgrades to A+ from A the issuer rating of Penn Mutuals broker-dealer subsidiary Janney Montgomery Scott LLC (Janney).
  • The ratings upgrades reflect sustained favorable trends in operating performance that stem from managements consistent execution of its business plan.
  • KBRA believes that Janney is strategically important to the enterprise and that Penn Mutual would support Janney in the unlikely event of need.

Annual Northwestern Mutual Scholarship Program Helps Childhood Cancer Survivors and Siblings Achieve Higher Education

Retrieved on: 
Tuesday, December 10, 2019
Finance, Service industries, Northwestern Mutual, Mutual Life Insurance Company, Insurance

The Northwestern Mutual Childhood Cancer Scholarship Program is administered through Scholarship America, the nation's largest nonprofit scholarship and education support organization.

Key Points: 
  • The Northwestern Mutual Childhood Cancer Scholarship Program is administered through Scholarship America, the nation's largest nonprofit scholarship and education support organization.
  • Launched in 2012, Northwestern Mutual's Childhood Cancer Program was developed to find cures, provide family and patient support and aid those who continue to struggle with long-term effects of cancer treatment.
  • The mission of the Northwestern Mutual Foundation is to improve the lives of children and families in need.
  • Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries.

Northwestern Mutual Donates $225,000 Through Annual Days of Sharing Program

Retrieved on: 
Monday, December 2, 2019
Economy, Finance, Money, Northwestern Mutual, Financial adviser, Securities Investor Protection Corporation, Broker-dealer, Insurance, Mutual Life Insurance Company, Mutual of Omaha, CUNA Mutual Group

Since the inception of the Days of Sharing program in 2007, Northwestern Mutual, through its Foundation, have provided over 400 grants totaling more than $2 million in funding on behalf of its employees.

Key Points: 
  • Since the inception of the Days of Sharing program in 2007, Northwestern Mutual, through its Foundation, have provided over 400 grants totaling more than $2 million in funding on behalf of its employees.
  • The mission of the Northwestern Mutual Foundation is to improve the lives of children and families in need.
  • Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries.
  • Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (securities), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance).

The Penn Mutual Life Insurance Company Maintains Dividend Scale and Awards $100 Million Payout in 2020

Retrieved on: 
Monday, November 25, 2019
Professional services, Insurance, Finance, Dividend, Shareholders, Penn Mutual, Mutual Life Insurance Company, Mutual organization, Horsham Township, Montgomery County, Pennsylvania, Cooperatives, Organizations, Mutual insurance

The Penn Mutual Life Insurance Company (Penn Mutual) is pleased to announce that the company has maintained its dividend scale for 2020, and has been approved for a $100 million payout to eligible policyholders in 2020.

Key Points: 
  • The Penn Mutual Life Insurance Company (Penn Mutual) is pleased to announce that the company has maintained its dividend scale for 2020, and has been approved for a $100 million payout to eligible policyholders in 2020.
  • Dividends are a key measure of a mutual companys performance and Penn Mutual has paid dividends to eligible policyholders every year since 1847.
  • Visit the Penn Mutual website for more information about the companys financial strength: https://www.pennmutual.com/about-us/financial-strength/ratings
    Penn Mutual is committed to helping people live life with confidence.
  • 2019 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA 19044
    View source version on businesswire.com: https://www.businesswire.com/news/home/20191125005084/en/