Fortune 500

Rank
65
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New York Life Insurance

The New York Life Insurance Building, New York, located at 51 Madison Avenue, Manhattan, New York City. Viewed from the Empire S
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 Rank
    61
  • Revenues ($M)
    40787
  • Revenue Percent Change
    -11.1
  • Profits ($M)
    1088.1
  • Profits Percent Change
    324.1
  • Assets ($M)
    287196
  • Employees
    11320
  • Market Value — as of March 31, 2017 ($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

CEOTheodore A. Mathas
CEO TitleChairman & Chief Executive Officer
SectorFinancials
IndustryInsurance: Life, Health (Mutual)
HQ LocationNew York, NY
Websitewww.newyorklife.com
Years on Fortune 500 List23
Employees11,320

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 Revenues2.7%
Profits as % of Assets0.4%
Profits as % of Stockholder Equity5.4%

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)-