Life insurance, annuities, long-term care, asset management
Revenue
US$$58.445 billion (2022)[2]
Net income
US$-1.13 billion (2022)[2]
AUM
US$670 billion (2023)[3]
Total assets
US$392.13 billion (2022)[2]
Total equity
US$23.88 billion (2022)[2]
Number of employees
15,050 (2022)[2]
Subsidiaries
New York Life Investments
Website
newyorklife.com
New York Life Insurance Company (NYLIC) is the third-largest life insurance company[4] and the largest mutual life insurance company in the United States,[5] and is ranked #71 on the 2023 Fortune 500 list of the largest U.S. corporations by total revenue.[6] In 2023, NYLIC achieved the best possible ratings by the four independent rating companies (Standard & Poor's, AM Best, Moody's and Fitch Ratings).[7] Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.
^"DeSanto assumes position as New York Life CEO". Reinsurance News. April 19, 2022. Retrieved May 24, 2022.
^ abcde"New York Life Insurance | 2023 Fortune 500".
^"New York Life Investments Announces Name Change for the MainStay CBRE Global Infrastructure Megatrends Fund". Yahoo Finance. June 20, 2023. Retrieved July 11, 2023.
^Swarns, Rachel (December 18, 2016). "Insurance Policies on Slaves: New York Life's Complicated Past". New York Times.
^Jarboe, Michelle (16 April 2016). "New York Life leases 3 floors at 200 Public Square, will bring hundreds of jobs to downtown Cleveland". The Plain Dealer. Retrieved 15 February 2018.
^"New York Life Insurance - 2023 Fortune 500". Fortune. Retrieved 2023-07-11.
^Cite error: The named reference New York Life Ratings was invoked but never defined (see the help page).
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Global Information
US$$58.445 billion (2022)[2]
US$-1.13 billion (2022)[2]