New York Life Insurance Company
American life insurance company / From Wikipedia, the free encyclopedia
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New York Life Insurance Company (NYLIC) is the third-largest life insurance company[4] and the largest mutual life insurance company in the United States,[5] and is ranked #71 on the 2023 Fortune 500 list of the largest U.S. corporations by total revenue.[6] In 2023, NYLIC achieved the best possible ratings by the four independent rating companies (Standard & Poor's, AM Best, Moody's and Fitch Ratings).[7] Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.
Quick Facts Company type, Industry ...
Company type | Private. Mutual |
---|---|
Industry | Insurance: life and annuity |
Founded | 1845; 179 years ago (1845) |
Headquarters | New York Life Building New York, New York, U.S. |
Key people | Craig DeSanto, CEO Ted Mathas, Chairman[1] |
Products | Life insurance, annuities, long-term care, asset management |
Revenue | US$$58.445 billion (2022)[2] |
US$-1.13 billion (2022)[2] | |
AUM | US$670 billion (2023)[3] |
Total assets | US$392.13 billion (2022)[2] |
Total equity | US$23.88 billion (2022)[2] |
Number of employees | 15,050 (2022)[2] |
Subsidiaries | New York Life Investments |
Website | newyorklife |
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