2006 was, by every measure, a year of record performance for New York Life. Total insurance sales grew nearly 28 percent over 2005, topping $2.85 billion. Total investment sales also set new company records, ending the year at $34.9 billion.
For the first time in New York Life’s history, operating revenues exceeded $12 billion.
Operating earnings were up 17 percent, to nearly $1.1 billion. And our surplus and asset valuation reserves – the funds that provide safety and security for our policyholders – grew by $1 billion, to $13.9 billion.
You can learn more about New York Life’s financial performance, business strategies and newest products by clicking on the links to the right.
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