Nationwide Mutual Insurance Co

Industry: Life Insurance

Fortune Rank: 118

NFS provides long-term savings and retirement products, including variable annuities, fixed annuities and life insurance, and investment management services, pension products and administrative services. For the 6 months ended 6/05, revenues rose 9% to $2.19B. Net income from cont. ops. & before accntg. change rose 34% to $305.8M. Results reflect realized investment gains, higher net investment income, reduced employee incentives, and lower technology costs.

Nationwide Financial Services, Inc. is the holding company for Nationwide Life Insurance Company (NLIC) and other companies that comprise the domestic life insurance and retirement savings operations of the Nationwide group of companies (Nationwide). This group includes Nationwide Financial Network (NFN), which refers to Nationwide Life Insurance Company of America (NLICA) and its subsidiaries, including the affiliated distribution network, and which was formerly referred to as Nationwide Provident. The Company is a provider of long-term savings and retirement products in the United States of America. The Company develops and sells a diverse range of products, including individual annuities, private and public group retirement plans, other investment products sold to institutions, life insurance and advisory services.

Nationwide Mutual Insurance Co

Nationwide Mutual Insurance Co is a Fortune 500 company. In 2010 Nationwide Mutual Insurance Co was ranked number 118 on the Fortune 500 list, making it the 118th largest company in the United States when judged by revenue.

Nationwide Mutual Insurance Co achieved revenue of $20,751.00 million in 2010 and earned a profit of $716.00 million.

Nationwide Mutual Insurance Co' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 118th compared to 124th in 2009. This was based on its 2009 revenue of $19,848 million (a change of 1 million compared to 2010) and profits of $-342 million (a change of $1,058 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Nationwide Mutual Insurance Co would be ranked 177th rather than 118th due to its profits of $716 in 2010.

Nationwide Mutual Insurance Co Revenue* Profit* Fortune Ranking

* US$ Million

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