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Jul. 26, 2011
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New York Life first moved into the international marketplace in 1870. At that time it appointed Harry S. Homans as General Agent with offices in London and Paris to develop the European markets. In April 1884, Seton Lindsay was appointed by New York Life's president to develop "The East," including China, India and the adjacent islands. By 1899, New York Life, with $1 billion of insurance in-force, had operations in 83 countries. At that time it was beginning to be known as the "Great International Insurance Company." By 1905, New York Life had a world-wide agency force of 8,000 men and women who operated out of 208 branch offices. However, foreign operations were interrupted by the onslaught of World War I, at which time New York Life decided to withdraw from all overseas markets.
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