New York Life Insurance
New York Life Insurance is a diversified global asset management firm founded over 175 years ago. Today it is the third-largest life insurance company and the largest mutual life insurance company in the United States, with over $605 billion in assets under management. Through the company’s family of affiliated boutiques across North America, New York Life offers clients access to a host of specialized, independent investment teams. In 2020 the company completed the largest acquisition in its history when it purchased Cigna’s U.S. group disability and life insurance business, valued at $6.3 billion. The next year, New York Life announced a $1 billion impact investment to address the racial wealth gap by investing in underserved and undercapitalized communities across the U.S.
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