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2002 Financial Highlights (in Millions)


  2002 2001
Assets Under Management* $179,772 $178,268
Adjusted Operating Revenue** $13,860 $13,026
Net Income*** $1,016 $824
Adjusted Operating Earnings $884 $848
Surplus and Asset Valuation Reserve $8,779 $8,741
Individual Life Insurance In Force $523,799 $490,815

* Represents Consolidated Domestic and International Insurance Company Statutory assets and third-party assets principally managed by New York Life Investment Management LLC, a wholly owned subsidiary of New York Life Insurance Company.

** Adjusted Operating Revenue includes primarily premium and fee income from our insurance and non-insurance operations, both domestically and internationally.

*** According to Generally Accepted Accounting Principles.

Other Data    
  U.S.A. International
Licensed Agents 10,400 14,500
Employees 7,500 4,700

 

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2002 Financial Highlights (in Millions)

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