After explosive growth that outperformed the rest of the industry's historic growth in 2021, Northwestern Mutual believes its long-term approach, digital investments to complement its financial advisor salesforce and focus on diversity and inclusion will allow the company to stand out against other life insurers, wealth managers and the biggest banks. In the episode, Michael Carter, executive vice president, CFO and chief risk officer at Northwestern Mutual, discussed the drivers of the historic growth for the life insurance industry, competition with insurtechs, the impact of higher interest rates on the company's investment portfolio, including its commercial real estate exposures, and its focus on diversity and inclusion.