Insurance companies

 ¹For its stability, claims-paying ability and overall financial strength, Teachers Insurance and Annuity Association of America (TIAA) is a member of one of only three insurance groups in the United States to currently hold the highest rating available to U.S. insurers from three of the four leading insurance company rating agencies: A.M. Best (A++ as of 7/24), Fitch (AAA as of 8/24) and Standard & Poor’s (AA+ as of 5/24), and the second-highest possible rating from Moody’s Investors Service (Aa1 as of 10/24). There is no guarantee that current ratings will be maintained. The financial strength ratings represent a company’s ability to meet policyholders’ obligations and do not apply to variable annuities or any other product or service not fully backed by TIAA’s claims-paying ability. The ratings also do not apply to the safety or the performance of the variable accounts, which will fluctuate in value.
 ²Assets under management as of 31 Dec 2024. Nuveen assets under management (AUM) is inclusive of underlying investment specialists.
 ³As of 31 Dec 2024.
 ⁴Insurance assets managed on behalf of TIAA. TIAA acquired Nuveen in 2014, and shortly thereafter TIAA’s asset management business was combined with Nuveen. Statements regarding Nuveen’s history include TIAA’s history.
 ⁵Assets under management as of 31 Dec 2023. Nuveen assets under management (AUM) is inclusive of underlying investment specialists. Totals may not equal 100% due to rounding.

Nuveen was awarded Climate Investment Initiative of the Year from Insurance Asset Risk on October 11th, 2023, based on a submission that centered around the creation of a C-PACE offering as a solution for insurance companies. The judges review submitted entry material and then score the entries in a secret ballot both by giving a mark out of 100 and a rank - 1st, 2nd, 3rd, no placement. Votes are counted and verified by the Insurance Asset Risk editorial team. All judges are senior industry experts from across the Americas, each chosen for their knowledge, objectivity and credibility. The judges' decision is final and neither Insurance Asset Risk nor the judging panel enter into any correspondence regarding individual entries and/or award winners.

Important information on risk
Past performance is no guarantee of future results. All investments carry a certain degree of risk, including the possible loss of principal, and there is no assurance that an investment will provide positive performance over any period of time. Certain products and services may not be available to all entities or persons. There is no guarantee that investment objectives will be achieved.

Responsible investing incorporates Environmental Social Governance (ESG) factors that may affect exposure to issuers, sectors, industries, limiting the type and number of investment opportunities available, which could result in excluding investments that perform well.