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Insurance Company Details

New York Life Insurance Company

Company Profile

New York Life Group
New York
66915
1845
51 Madison Avenue, Room 353
New York, NY 10010

Company Information

Founded in 1845, New York Life Insurance Company is America’s largest mutual life insurance company, which means it is not publicly traded and has no shareholders. Instead, its policy owners are the ones who share in ownership rights of the company. With a mutual company, clients who purchase participating products are entitled to vote in the board of directors elections and are eligible to share in annual dividends that are declared. The company has paid out dividends consistently every year since 1854. New York Life offers life insurance, long-term care insurance and annuities. They also provide special group policies sold through AARP and other affinity groups and professional associations.

Assets and Liabilities

$180,036,224,377
$159,029,754,011
$21,006,470,366
113.21%

Ratings

A++
(1st of 15 ratings)
AA+
(2nd of 20 ratings)
Aaa
(1st of 21 ratings)
AAA
(1st of 21 ratings)
100
(percentile of rated companies)

Annuity Products Offered by New York Life Insurance Company

There are currently no annuity products reviewed by AnnuityAdvantage for this insurance company.

Financial Data for the year ending December 31, 2018. All ratings shown are current as of May 15, 2019