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New York Life Leads Million Dollar Round Table For The 54th Consecutive Year

NEW YORK, N.Y., August 20, 2008 – New York Life Insurance Company has dominated the Million Dollar Round Table (MDRT) in the United States for the fifty-fourth consecutive year with 2,167 New York Life agents. MDRT granted memberships to 12,957 agents in the United States making membership in this organization a distinguishing life insurance career milestone, attained by less than 1 percent of the world’s financial services professionals who have demonstrated superior professional knowledge, experience and client service.

New York Life has more female MDRT members than any other company in the United States, representing 23.75 percent of all MDRT’s United States female members.

“New York Life continues to receive this prestigious recognition because our agents demonstrate exceptional expertise, adhere to strict ethical standards and are dedicated to providing families, individuals and business owners with the most appropriate products to secure their financial futures and set attainable financial goals,” said Mark Pfaff, senior vice president and head of New York Life’s career agency system. “Achieving this honor year after year is a validation of our commitment to providing superior training and professional development to our agents. This accomplishment also demonstrates that New York Life agents are committed to meeting and exceeding the highest of standards set by MDRT.”

In 2008, New York Life International, LLC, the overseas arm of New York Life, ranked among the leading MDRT companies globally, producing a record number of MDRT members, over 900, from its operations in Argentina, Hong Kong, India, Mexico, South Korea, China, Taiwan and Thailand.

Founded in 1927, MDRT is an international, independent association more than 36,000 of the world’s leading life insurance and financial services professionals from 76 nations and territories, representing over 450 companies. MDRT members are recognized as skillful professionals who are considered to be among the best in the industry, perform outstanding client service, and have achieved the highest standard of sales excellence in the life insurance and financial services business.

New York Life Insurance company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings from all four of the major credit rating agencies. Headquartered in New York City, New York life’s family of companies offers life insurance, retirement income and long-term care insurance. New York life investment management LLC provides institutional asset management and retirement plan services. Other New York life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.

Please visit New York Life’s Web site at www.newyorklife.com for more information.

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New York Life Leads Million Dollar Round Table For The 54th Consecutive Year

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