Skip to Content
  • 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.

Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

Company Information

Theodore A. Mathas
Insurance: Life, Health (Mutual)
HQ Location
New York, NY
Years on Global 500 List23

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%