Company type | Private |
---|---|
Industry | Insurance: life and annuity |
Founded | 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 |
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.
New York Life Ratings
was invoked but never defined (see the help page).