August 31, 2014 4:16 AM ET

Insurance

Company Overview of Nationwide

Company Overview

Nationwide, through its subsidiaries, provides diversified insurance and financial services to individuals and businesses in the United States. The company individual solutions include auto insurance, such as car insurance; vehicle, property, life, and specialty health and travel insurance; investments, including retirement solutions, retirement plans, IRAs, annuities, and mutual funds; and banking solutions, such as online banking, credit cards, home equity lines of credit, home equity loans, and auto loans. The company’s businesses solutions comprise business insurance, business owners insurance policy, business liability insurance, business banking, employee benefits, employee retention, ...

One Nationwide Plaza

Columbus, OH 43215-2220

United States

Founded in 1925

Phone:

800-882-2822

Fax:

614-249-1735

Key Executives for Nationwide

Chief Executive Officer and Director
Age: 61
Chief Financial Officer and Executive Vice President
Age: 57
President of Nationwide Insurance and Chief Operating Officer of Nationwide Insurance
President of Nationwide Financial and Chief Operating Officer of Nationwide Financial
Age: 50
President of Allied Group and Chief Operating Officer of Allied Group
Age: 59
Compensation as of Fiscal Year 2014.

Nationwide Key Developments

Nationwide Presents at CIO Insurance Summit 2013, Sep-11-2013 through Sep-12-2013

Nationwide Presents at CIO Insurance Summit 2013, Sep-11-2013 through Sep-12-2013. Venue: Four Seasons Hotel Atlanta, Atlanta, Georgia, United States. Presentation Date & Speakers: Sep-11-2013, Guru Vasudeva, SVP & Enterprise CTO. Sep-12-2013, Guru Vasudeva, SVP & Enterprise CTO.

Nationwide Announces Earnings Results for the Six Months Ended June 30, 2013

Nationwide announced earnings results for the six months ended June 30, 2013. For the period, the company reported net operating income of $749 million compared to $373 million during the same period of 2012. Total operating revenue grew 9% to $11.8 billion for the first half. Net investment income was $1.6 billion, which remained steady compared to last year. Net income was $1.1 billion, up significantly from the $386 million reported in the same period in 2012, driven by net operating income growth and gains on the company's risk and capital management programs.

Nationwide Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013

Nationwide announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, net operating income was $417 million compared to $274 million in the same period of 2012. First quarter 2013 performance reflected continued strong operating revenue growth and a balanced contribution from the company's financial services and property & casualty (P&C) businesses. Total operating revenue grew almost 12% to $5.8 billion and total policyholder equity increased to $19.6 billion, compared to $19.3 billion at the end of 2012. Net investment income increased to $785 million from $777 million the year before. Net income of $484 million was down slightly from the $508 million reported in first quarter 2012 due to lower gains on Nationwide's risk and capital management programs.

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