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  • Previous Rank198
  • Revenues ($M)$40,787
  • Revenue Percent Change-11.1%
  • Profits ($M)$1,088.1
  • Profits Percent Change324.1%
  • Assets ($M)$287,196
  • Employees11,320

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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Company Information

CEO
Theodore A. Mathas
Sector
Financials
Industry
Insurance: Life, Health (Mutual)
HQ Location
New York, NY
Websitehttp://www.newyorklife.com
Years on Global 500 List23
Employees11,320

New York Life Insurance Rank History

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%