FR3C87 The New York Life Insurance Building, New York, located at 51 Madison Avenue, Manhattan, New York City. Viewed from the Empire SBailey-Cooper Photography/Alamy Stock Photo
- Previous Rank61
- Revenues ($M)40787
- Revenue Percent Change-11.1
- Profits ($M)1088.1
- Profits Percent Change324.1
- Assets ($M)287196
- Employees11320
- Market Value — as of March 31, 2017 ($M)
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 ($1.8 billion) and low interest rates that challenged the entire industry.
Company Info
| CEO | Theodore A. Mathas |
| CEO Title | Chairman & Chief Executive Officer |
| Sector | Financials |
| Industry | Insurance: Life, Health (Mutual) |
| HQ Location | New York, NY |
| Website | www.newyorklife.com |
| Years on Fortune 500 List | 23 |
| Employees | 11,320 |
Key Financials (Last Fiscal Year)
| Revenues ($M) | $40,787 |
| Profits ($M) | $1,088.1 |
| Assets ($M) | $287,196 |
| Total Stockholder Equity ($M) | $20,108 |
| Market Value — as of March 31, 2017 ($M) | - |
Profit Ratios
| Profit as % of Revenues | 2.7% |
| Profits as % of Assets | 0.4% |
| Profits as % of Stockholder Equity | 5.4% |
Earnings Per Share (Last Fiscal Year)
| Earnings Per Share ($) | - |
| EPS % Change (from 2015) | - |
| EPS % Change (5 year annual rate) | - |
| EPS % Change (10 year annual rate) | - |
Total Return
| Total Return to Investors (2016) | - |
| Total Return to Investors (5 year, annualized) | - |
| Total Return to Investors (10 year, annualized) | - |