Exhibit 99.1
Summary of ratings actions taken by A.M. Best on January 30, 2006:
1. | Affirmed the “A+” (Superior) financial strength rating and the “aa-” issuer credit rating with a stable outlook for NLIC. |
2. | Affirmed the following debt ratings with a stable outlook: |
• | Nationwide Life Global Funding I – “aa-” program rating |
| – “aa-” on all outstanding notes issued under the program |
• | NLIC |
| – “AMB-1” on commercial paper |
3. | Affirmed the “A+” (Superior) financial strength rating and assigned the “aa-” issuer credit rating with a stable outlook for NLAIC. |