Take a look at the numbers behind Northwestern Mutual's record setting revenue, surplus and dividends Northwestern Mutual is starting 2023 with a bang The Milwaukee-based insurance and financial planning firm on Wednesday reported another record year. Earlier this month it unveiled plans for a $500 million renovation of an 18-story office tower on Mason Street that will mirror its larger building and campus on Wisconsin Avenue and allow the company to move about 2,000 employees from Franklin to downtown Milwaukee. Although Northwestern Mutual is inseparably connected to Milwaukee, its roots lay some 60 miles away in Janesville, where John C. Johnson, a retired New York insurance agent launched the Mutual Life Insurance Company of the State of Wisconsin in 1857. Seeking a bigger market, he moved the company to Milwaukee in 1859. A decade later the renamed Northwestern Mutual Life Insurance Co. was the nation's ninth largest insurance company and on the growth trajectory that landed it in Fortune 100 list of the nation's largest companies The Milwaukee-based insurance and financial planning firm on Wednesday reported another record year. Earlier this month it unveiled plans for a $500 million renovation of an 18-story office tower on Mason Street that will mirror its larger building and campus on Wisconsin Avenue and allow the company to move about 2,000 employees from Franklin to downtown Milwaukee.Although Northwestern Mutual is inseparably connected to Milwaukee, its roots lay some 60 miles away in Janesville, where John C. Johnson, a retired New York insurance agent launched the Mutual Life Insurance Company of the State of Wisconsin in 1857. Seeking a bigger market, he moved the company to Milwaukee in 1859. A decade later the renamed Northwestern Mutual Life Insurance Co. was the nation's ninth largest insurance company and on the growth trajectory that landed it in Fortune 100 list of the nation's largest companies. As Northwestern Mutual enters its 166th year, here's a by-the-numbers look at the company and its record-setting year.

$35 billion in revenue in 2023Northwestern Mutual posted a second record setting year, topping its 2021 revenue by about 3%. The total includes more than $22 billion in premium payments and almost $12 billion in investment income. The company sold more