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  • Previous Rank
    65
  • Revenues ($M)
    $42,296.00
  • Revenue Percent Change
    3.7%
  • Profits ($M)
    $1,866.90
  • Profits Percent Change
    71.6%
  • Assets ($M)
    $303,182.80
  • Employees
    11,114
  • Market Value — as of March 29, 2018 ($M)
    -

Despite lower interest rates and fewer life insurance policy sales on an industry-wide basis in 2017, the country’s third largest life insurer, New York Life Insurance Company, managed to post a 4% gain in revenue and an increase in profit. In turn, New York Life has pointed to its team of 12,000 policy-selling agents as its secret sauce. It wasn’t a perfect year, however. New York Life sought to pay nearly $3.4 million to settle a class action lawsuit with 25,830 members who alleged that the company made telemarketing calls using an automated dialing system.

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Company Info

CEO
Theodore A. Mathas
CEO Title
Chairman & Chief Executive Officer
Sector
Financials
Industry
Insurance: Life, Health (Mutual)
HQ Location
New York City
Websitehttp://www.newyorklife.com
Years on Fortune 500 List24
Employees11,114

New York Life Insurance Rank History

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Key Financials (Last Fiscal Year)

$ millions% change
Revenues ($M)$42,296.003.7%
Profits ($M)$1,866.9071.6%
Assets ($M)$303,182.80-
Total Stockholder Equity ($M)$20,357.00-
Market Value — as of March 29, 2018 ($M)--

Profit Ratios

Profit as % of Revenues4.4%
Profits as % of Assets0.6%
Profits as % of Stockholder Equity9.2%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)-
EPS % Change (from 2016)-
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)-

Total Return

Total Return to Investors (2017)-
Total Return to Investors (5 year, annualized)-
Total Return to Investors (10 year, annualized)-