Northwestern Mutual most admired life insurer

Northwestern Mutual is the world’s
most admired life insurance company. At least that is what
executives, directors and analysts polled by US publication Fortune
for its 2011 World’s Most Admired Companies survey
believe.

The US mutual insurer received the
leading position in the life and health insurance industry sector,
earning seven out of nine key attributes:

• financial
  soundness;
• quality of products and
  services;
• long-term
  investment;
• quality of
  management;
• social
  responsibility;
• people management;
  and
• use of corporate
  assets.

The other two attributes applied
were global competitiveness and innovation.

Northwestern Mutual, which was
ranked fifth in Fortune’s 2010 survey, received an overall score of
6.45 out of a possible 10. New York Life, which scored 6.06, was
ousted from the top position it held in the 2010 survey, falling to
fifth in the latest survey.

Close on Northwestern Mutual’s
heels this year was US insurer Prudential Financial which gained
second position with an overall score of 6.39. It was followed by
Aflac (6.37) and MetLife (6.26).

In the top-17 positions listed by
Fortune in the life and health insurance sector, US insurers
accounted for seven positions, including the top six.

The overall winner of the title of world’s most admired company
in 2011 was Apple which scored 8.16.

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