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Global 500

Bailey-Cooper Photography/Alamy Stock Photo

243

New York Life Insurance

U.S.

An industry behemoth, New York Life Insurance set company records in its core life insurance and annuity businesses in 2016. It also managed to raise its surplus and asset valuation reserve to a record $23.2 billion despite a substantial dividend payout ($1.8 billion) and low interest rates that challenged the entire industry.

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CEO

Theodore A. Mathas

Sector

Financials

Industry

Insurance: Life, Health (Mutual)

HQ Location

New York, NY

Years on Global 500 List

23

Employees

11,320

New York Life Insurance is also featured in these fortune lists
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$40,787-11.1%
Profits ($M)$1,088.1324.1%
Assets ($M)$287,196
Total Stockholder Equity ($M)$20,108
Profit Ratios
Profit as % of Revenues2.7%
Profits as % of Assets0.4%
Profits as % of Stockholder Equity5.4%