New York Life marked its 160th year of service with excellent performance across the board. Combined domestic and international insurance sales exceeded $2.2 billion, while total investment sales grew to $28.3 billion, setting new company records in both categories. Surplus and asset valuation reserves increased by more than $1 billion, to a new high of $12.9 billion, offering a superb cushion of safety and security for our policyholders.
To cap off the year, Moody's bestowed its coveted triple-A rating on New York Life, specifically recognizing our financial strength and industry leadership and providing an independent validation of our strategies.
You can read more about our financial performance, business strategies and newest products by clicking on the links to the right.
Rating: 0/0 (0 votes cast)
|2005 Financial Information|