New York Life Insurance

F500-2019-New-York-Life-Insurance-building
New York Life Insurance Building, New York City, New York, United States Peter Langer / Design Pics—Getty ImagesPeter Langer—Design Pics/Getty Images
  • Previous Rank
    69
  • Revenues ($M)
    43425.3
  • Revenue Percent Change
    2.7
  • Profits ($M)
    880.0
  • Profits Percent Change
    -52.9
  • Assets ($M)
    311449.3
  • Employees
    11388

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. One of just a handful of mutual companies to appear on the Fortune 500, New York Life dropped two spots on the list this year.

Company Info

CEOTheodore A. Mathas
CEO TitleChairman & Chief Executive Officer
SectorFinancials
IndustryInsurance: Life, Health (Mutual)
HQ LocationNew York, N.Y.
Websitewww.newyorklife.com
Years on Fortune 500 List25
Employees11,388

Key Financials (Last Fiscal Year)

Revenues ($M)$43,425.3
Profits ($M)$880
Assets ($M)$311,449.3
Total Stockholder Equity ($M)$21,006.5

Profit Ratios

Profit as % of Revenues2.0%
Profits as % of Assets0.3%
Profits as % of Stockholder Equity4.2%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)-
EPS % Change (from 2017)-
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)-

Total Return

Total Return to Investors (2018)-
Total Return to Investors (5 year, annualized)-
Total Return to Investors (10 year, annualized)-