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.
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Company Information

As of 2/1/2023
Country
U.S.
Headquarters
New York City
Industry
Insurance: Life and Health
CEO
Craig DeSanto
Company Type
Private
Ticker
-
Revenues ($M)
$51,199
Profits ($M)
$277
Market Value ($M)
-
Employees
14,344
Figures are for fiscal year ended Dec. 31, 2021.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$51,198.5
9.6%
Profits ($M)
$277.1
-
Assets ($M)
$379,984.6
-
Total Stockholder Equity ($M)
$24,566.4
-

Profit Ratios

Profit as % of Revenues
0.5%
Profits as % of Assets
0.1%
Profits as % of Stockholder Equity
1.1%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
-
EPS % Change (from 2020)
-
EPS % Change (5 year annual rate)
-
EPS % Change (10 year annual rate)
-

Total Return

Total Return to Investors (2021)
-
Total Return to Investors (5 year, annualized)
-
Total Return to Investors (10 year, annualized)
-

New York Life Insurance Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
2021$46,712.45.9%$-822.3-181.9%$359,312.5$21,728.4
2020$44,116.61.6%$1,003.814.1%$330,806.3$22,032.3
2019$43,425.32.7%$880-52.9%$311,449.3$21,006.5
2018$42,2963.7%$1,866.971.6%$303,182.8$20,357
2017$40,787-11.1%$1,088.1324.1%$287,196$20,108
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