2010 Revenue: $21 billion
One-Year Growth: 0.0%
Nationwide Mutual Insurance is one of the largest insurance and financial services companies in the world, with more than $135 billion in statutory assets.
In 2009, a wholly owned subsidiary of Nationwide, Nationwide Corp., purchased all of the outstanding shares of common stock of Nationwide Financial Services (NFS) that it did not already own. As a result, NFS became a wholly owned subsidiary of Nationwide and a private company.
Despite record-breaking home foreclosures throughout much of the U.S., the insurance giant didn’t lose any ground from 2009 to 2010.
Source: PrivCo, Nationwide