New York Life Insurance

The corporations on our annual list of the world's 500 largest companies combined to generate $41.7 trillion in revenue over the past year.

Fortune Global 500

Almost $20 trillion in revenue—and a record-breaking $1.87 trillion in profits. Introducing the 2025 Fortune 500, the definitive list of the biggest companies in America.

Fortune 500

Leaders in all industries rely more than ever on Big Tech—and appreciate the giants that deliver, at scale, without drama.

World's Most Admired Companies

The corporations on our annual list posted aggregate revenues of $41 trillion for the second year in a row.

Industries included in the sector are banks, insurance, and real estate companies.

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The Fortune 500, in its 70th year in 2024, ranks the biggest U.S. companies by revenue.

The 200 companies on this list are transforming industries from the inside out.

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The 26th edition of the list shows how much esteem Big Tech giants command among other business leaders.

The 25th Fortune World’s Most Admired Companies list suggests that tech giants’ peers respect them as much as ever.

The corporations on our annual list of the world’s largest companies delivered a record $41 trillion in aggregate revenues.

The 300 companies on this list are transforming industries from the inside out.

The Fortune 500, in its 69th year in 2023, ranks the biggest U.S. companies by revenue.

F500-2023-071-New York Life Insurance

The largest mutual life insurance provider by revenue in the U.S. came in 71st on the Fortune 500 after a year of steady growth. 
<ul> 
 	<li>The insurance provider paid out a $2 billion dividend to clients in 2023, the largest in company history.</li> 
 	<li>CEO Craig DeSanto started his role as chief executive in April 2022, replacing Ted Mathas.</li> 
 	<li>The company reported $58.5 billion in revenue in 2022, up 14% from the year prior.</li> 
 	<li>New York Life saw a significant drop in profits, however, reporting a loss of more than $1 billion in 2022, as many insurance providers faced higher claims amid rising inflation.</li> 
</ul>

Just as it dominates our economy, Big Tech now dominates Fortune’s annual ranking of corporate reputation.

Aggregate sales hit $37.8 trillion last year—an increase of 19%, the highest annual growth rate in the list’s history.

This year’s Fortune 500 marks the 68th running of the list.

F500-2022-072-NY Life Insurance

New York Life Insurance, the largest mutual life insurer in the U.S., saw strong continued demand for its products, which also include retirement income products, investment management services, and long-term care insurance. In 2021, its revenue increased 10% to $51.2 billion, and it swung from a loss in 2020 to a modest profit, as the company adjusted to life insurance payouts related to the COVID-19 pandemic.

After a year in which humanity leaned more heavily than ever on tech giants, see which companies topped Fortune's ranking of corporate reputation.

Total revenue for the world’s biggest companies fell 4.8% to $31.7 trillion this year—the first decline in half a decade.

G500-2021-242-New York Life Insurance

<span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;New York Life, which jumps six spots this year, was well prepared for COVID-19. After all, the 175-year-old company previously survived yellow fever, the Spanish flu, two world wars, and the Great Depression. Though revenues were up 5.9% in 2020, profits dropped sharply. Even so, in a bid to soothe employee anxiety, the company pledged in March 2020 there would be no layoffs through the end of the year. The company is also taking the lead in addressing the racial wealth gap, debuting a $1 billion impact investment initiative to invest in “underserved and undercapitalized communities over the next three years,” it says. Investments will run the gamut from small businesses to affordable housing.&quot;}" data-sheets-userformat="{&quot;2&quot;:12673,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:11}">New York Life, which jumps 28 spots on the Global 500 this year, was well prepared for COVID-19. After all, the 175-year-old company previously survived yellow fever, the Spanish flu, two world wars, and the Great Depression. Though revenues were up 5.9% in 2020, profits dropped sharply. Even so, in a bid to soothe employee anxiety, the company pledged in March 2020 there would be no layoffs through the end of the year. The company is also taking the lead in addressing the racial wealth gap, debuting a $1 billion impact investment initiative to invest in “underserved and undercapitalized communities over the next three years,” it says. Investments will run the gamut from small businesses to affordable housing.

This year’s Fortune 500 marks the 67th running of the list.

F500-2021-67-New York Life Insurance

<span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;New York Life, which jumps six spots this year, was well prepared for COVID-19. After all, the 175-year-old company previously survived yellow fever, the Spanish flu, two world wars, and the Great Depression. Though revenues were up 5.9% in 2020, profits dropped sharply. Even so, in a bid to soothe employee anxiety, the company pledged in March 2020 there would be no layoffs through the end of the year. The company is also taking the lead in addressing the racial wealth gap, debuting a $1 billion impact investment initiative to invest in “underserved and undercapitalized communities over the next three years,” it says. Investments will run the gamut from small businesses to affordable housing.&quot;}" data-sheets-userformat="{&quot;2&quot;:12673,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:11}">New York Life, which jumps six spots this year, was well prepared for COVID-19. After all, the 175-year-old company previously survived yellow fever, the Spanish flu, two world wars, and the Great Depression. Though revenues were up 5.9% in 2020, profits dropped sharply. Even so, in a bid to soothe employee anxiety, the company pledged in March 2020 there would be no layoffs through the end of the year. The company is also taking the lead in addressing the racial wealth gap, debuting a $1 billion impact investment initiative to invest in “underserved and undercapitalized communities over the next three years,” it says. Investments will run the gamut from small businesses to affordable housing.

For an astounding 13th straight year, Apple claims the top spot in Fortune’s annual ranking of corporate reputation, based on a survey of almost 3,800 executives, directors, and analysts.

This year's Fortune Global 500 generated $33.3 trillion in revenues and $2.1 trillion in profits.

G500-Featured Image-Logo-2020

In December New York Life Insurance entered into a $6.3 billion deal to acquire Cigna’s group life and disability insurance business. Deals that large have been a rarity for the 175-year-old company. Already one of the nation’s largest mutual life insurance firms, New York Life posted a 14% year-over-year profit increase in 2019. The company believes the coronavirus pandemic and its negative impact on the economy are pushing people to think more about their finances—which could ultimately boost New York Life’s insurance offerings.

This year's Fortune 500 marks the 66th running of the list.

F500-2020-073-New-York-Life-Insurance

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This year's Fortune Global 500 generated $27.7 trillion in revenues and $1.5 trillion in profits.

This year's Fortune 500 marks the 65th running of the list.

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This year's Fortune 500 marks the 64th running of the list.

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This year's Fortune 500 marks the 63rd running of the list.

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This year's Fortune Global 500 generated $27.6 trillion in revenues and $1.5 trillion in profits.

This year's Fortune 500 marks the 62nd running of the list.

Business insiders have spoken: Asked which companies they most admire, more than 4,100 executives, directors, and analysts chose these top 50 All-Stars.

The world's 500 largest companies generated $31.2 trillion in revenues and $1.7 trillion in profits in 2014. Together, this year's Fortune Global 500 employ 65 million people worldwide and are represented by 36 countries.

This year's Fortune 500 marks the 61st running of the list. Wal-Mart claims the top spot again. See who made the list.

Global business is back. After limping through a worldwide financial crisis and economic slowdown, the 500 largest companies ranked by revenues shattered all sorts of performance records in 2013: They racked up combined revenues of $31.1 trillion, up 2.5% from 2012, and profits soared 27% to nearly $2 trillion. China’s 95 companies (up from 89 last year) posted $5.8 trillion in revenues. The U.S. has four fewer companies on the list than last year but remains (for now) the country leader, with 128 corporations on the list—including No. 1 Wal-Mart Stores—reporting $8.6 trillion in revenues. 

Wal-Mart stayed on top as its sales crept closer to half-a-trillion dollars. Apple moved into the top five. And UnitedHealth Group continued its steady climb. 

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New York Life is the oldest mutual life insurance company in the U.S. Founded in 1845, it offers a range of insurance, financial products, and advisory services, including retirement planning, wealth management, and investment offerings.

New York Life Insurance

New York Life Insurance in Fortune Rankings