Know Your NM
In 2021, NM passed this $ milestone for in-force death benefit.
What is $2 trillion?
This crypto- currency trading firm declared bankruptcy in 2022/2023 after a 60% decline in crypto-currency values.
Who is FTX?
This was the name of Prince Harry's memoir published in January.
What is Spare?
This term describes securities that move in the opposite direction of an economic cycle.
What is countercyclical?
These two components of the dividend make up nearly 65% of the dividend payout.
What are mortality and expense?
This term is one of three pillars NM's products are built on and represents how we share in profits and success with our policyowners instead of shareholders.
What is mutuality?
In 2009 this person pled guilty to perpetrating the largest private Ponzi scheme in history.
Who is Bernie Madoff?
Rihanna revealed this during her Super Bowl halftime show?
What is her pregnancy?
This two word term describes the optimal risk versus return tradeoff of a portfolio(s).
What is an "Efficient Frontier"?
This risk product line does not pay a dividend.
What is Long Term Care (will also accept LTC)?
This catastrophic Wisconsin accident in 1859 killed two NM policyholders and nearly bankrupt the company but also signified the commitment to doing the right thing for the client.
What was a train collision?
This venerable Wall Street firm declared bankruptcy in 2007 triggering the financial crisis of 2008.
What is Lehman Brothers?
In April, this country became the 31st country to join NATO.
What is Finland?
The average length of past bear markets (rounded to the nearest year).
What is 1 year? (289 days)
The 2024 dividend payout was $7.3B which was this many times larger than our nearest competitor.
What is 3 times?
NM's industry leading share of the US personal life insurance market in 2022 (+/- 1%).
What is 7.2%? (6 to 8 percent accepted)
Fraudulent accounting practices led to this energy firm's bankruptcy in 2001, the 2nd largest in US history.
What is Enron?
This is the name of the social media app designed by Meta, aimed to rival Twitter/X.
What is Threads?
The price of this type of security is derived from one or more underlying assets.
What is a Derivative?
This was the year that Northwestern Mutual first paid out dividends.
What is 1872?
NM's 2023 rank in the Fortune 500 (+/- 3 spots)
What is 111th? (108 to 114 accepted)
This crisis was triggered by a combination of predatory lending practices, securitization of subprime mortgages, and a housing market bubble.
What is the Subprime mortgage crisis (2007-2008)?
This woman won the women’s singles (tennis) title at the US Open.
Who is Coco Gauff?
Former Fed chair Alan Greenspan used this two-word term to describe the growing internet stock price "bubble" in the late 1990s.
What is Irrational Exuberance?
This number/percent is the difference between the guaranteed interest rate and the non-loan dividend interest rate (DIR) for 2024?
What is 1.15% (will also accept 115 bps)?