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2024 Financial highlights

Solutions. Service. Stability.

Our expertise will provide the solutions. Our responsiveness will provide the service. And our financial strength will provide the stability. We're a Fortune 100 company with more than 130 billion total in our investment portfolio. We could go on and on, but we'll let the facts speak for themselves.
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Financial Overview

Key facts and figures

Approximately 25,000 employees

#1 writer of corporate-owned life insurance

IBIS Associates Inc., for the period ending 12/31/24

#1 writer of farms and ranches1

(for 2023 YE)AM Best, 2023 DWP
#1 writer of pet insurance

North American Pet Health Insurance Association, State of the Industry Report, 2024

#7 largest US domiciled excess and surplus insurer

(for 2023 YE) AM Best, Best’s Market Segment Report [Surplus Lines], 2023 DWP for nonadmitted carriers

Capital strength

Nationwide's capital position is strong, enabling us to continue to serve you and evolve our company well into the future.
A bar chart tracking total adjusted capital since 2021 is provided. Total adjusted capital in 2021 was $21.9 billion; total adjusted capital in 2022 was $24.0 billion; total adjusted capital in 2023 was $25.0 billion; total adjusted capital in 2024 was $28.3 billion.

Investments

In 2024, total investments were $150.0 billion. Net investment income of $6.5 billion in 2024 was up from $5.7 billion as a result of business growth.
A pie chart is provide with a breakdown of where the $150.0 billion in investments are: 69% are in fixed maturity securities; 15% are in mortgage loans; 3% are in short-term investments; 1% is in real estate; and the remaining 12% is in other investments.

Total sales in 2024

$68.5 billion
A graph tracking total sales for the past 5 years is provided. In 2020, total sales dropped to $46.6 billion. In 2021, total sales increased to $52.9 billion. In 2022, total sales increased to $56.8 billion. In 2023, total sales increased to $60.3 billion. In 2024, total sales increased to $68.5 billion.

Net operating income

$3.2 billion
A graph tracking net operating income for the past 5 years is provided. In 2020, net operating income was $0.8 billion. In 2021, net operating income was $2.8 billion. In 2022, net operating income was $1.4 billion. In 2023, net operating income was $1.3 billion. In 2024, net operating income was $3.2 billion.

Total assets

$322.3 billion
A graph tracking total assets for the past 5 years is provided. In 2020, total assets were $274.0 billion. In 2021, total assets were $295.7 billion. In 2022, total assets were $270.2 billion. In 2023, total assets were $298.6 billion. In 2024, total assets were $322.3 billion.
Products underwritten by Nationwide Mutual Insurance Company and affiliates including Freedom Specialty Insurance Company. The coverage described in this literature may not be available in all jurisdictions. Actual coverage is subject to the language of the policies as issued. Exclusions and limitations apply.