New york life

New York Life Insurance Company!

New York Life is one of the largest mutual life insurance companies in the United States, with over 175 years of history. Here are some key facts about the company:

History: Founded in 1845, New York Life was originally called the New York Life Insurance and Trust Company. It was founded by a group of businessmen who wanted to provide life insurance to the working class.

Business: New York Life is a mutual company, meaning it is owned by its policyholders, not shareholders. The company offers a range of life insurance products, including term life, whole life, universal life, and variable universal life insurance. It also offers annuities, long-term care insurance, and other financial products.

Financial Strength: New York Life is known for its financial strength and stability. It has received high ratings from major credit rating agencies, including A++ from A.M. Best, AAA from Moody's, and AA+ from Standard & Poor's.

Assets: As of 2022, New York Life has over $300 billion in assets under management, making it one of the largest life insurance companies in the world.

Policyholders: New York Life has over 10 million policyholders, making it one of the largest life insurance companies in the United States.

Community Involvement: New York Life is committed to giving back to the community. The company has a strong philanthropic program, with a focus on education, healthcare, and community development.

Awards and Recognition: New York Life has received numerous awards and recognition for its financial strength, customer service, and community involvement. It has been named one of the "World's Most Admired Companies" by Fortune magazine and one of the "Best Places to Work" by Fortune magazine.

Overall, New York Life is a well-established and reputable life insurance company with a long history of financial strength and community involvement.