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New York Life Insurance

  • Previous Rank258
  • Country
    U.S.
  • Revenues ($M)$43,425.30
  • Revenue Percent Change2.7%
  • Profits ($M)$880
  • Profits Percent Change-52.9%
  • Assets ($M)$311,449.30
  • Employees11,388

New York Life had a relatively uneventful 2018—not necessarily a bad thing for an insurance company. With $311.5 billion in assets, the life insurer brought in $43.4 billion in revenue, a 2.7% increase, and $880 million in profits, making profits a relatively small 2% of revenue.

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Company Information

CEO
Theodore A. Mathas
Sector
Financials
Industry
Insurance: Life, Health (Mutual)
HQ Location
New York City
Websitehttps://www.newyorklife.com
Years on Global 500 List25
Employees11,388

New York Life Insurance Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$43,425.302.7%
Profits ($M)$880-52.9%
Assets ($M)$311,449.30-
Total Stockholder Equity ($M)$21,006.50-

Profit Ratios

Profit as % of Revenues2%
Profits as % of Assets0.3%
Profits as % of Stockholder Equity4.2%