Financial Strength Is Built on Integrity
Integrity and Responsibility—Keys to Strong Relationships
Now more than ever, New York Life Insurance Company and its policyholders are going strong – for over 170 years. As the parent company of New York Life Insurance and Annuity Corporation (NYLIAC), the issuer of New York Life Annuities, they are one of the largest corporations in America. Their 2015 year-end numbers shows:
- $271.7 billion in statutory consolidated assets for New York Life Insurance Company. With NYLIAC contributing $132.2 billion.
- New York Life Insurance Company has a statutory consolidated surplus and Asset Valuation Reserve of $22.7 billion – with NYLIAC possessing surplus and Asset Valuation Reserve of $9.0 billion
- New York Life Insurance Company is a "Fortune 100" company with total annual revenues of $45.9 billion – of which NYLIAC contributed $16.2 billion.
- 72 percent of New York Life Insurance Company's statutory consolidated cash and invested assets are invested in bonds (80 percent for NYLIAC) with 93 percent held in investment-grade bonds.
Below you'll find a number of resources from New York Life that may be of interest to you or your clients.