What the rating agencies say.
Our financial strength ratings
New York Life Insurance Company and its subsidiary, New York Life Insurance and Annuity Corporation, earn the highest financial strength ratings currently awarded to any life insurer by all four major ratings agencies. Current ratings for the two companies are as follows:
|AM Best||A++||July 1, 2015||Press Release: (7/1/2015)
|Fitch Ratings||AAA||March 29, 2016||Press Release: (3/29/2016)
|Moody’s Investors Service||Aaa||February 4, 2016||Press Release: (8/6/2015)
Credit Opinion: (2/4/2016)
|Standard & Poor’s||AA+||June 24, 2015||Full Analysis: (6/24/2015)|
A.M. Best (Financial Strength): A Best’s Financial Strength Rating is an opinion of an insurer’s ability to meet its obligations to policyholders.
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“Best’s Ratings are under continuous review and subject to change and/or affirmation. To confirm the current rating, please visit the A.M. Best web site, www.ambest.com.”
Fitch Ratings (Insurer Financial Strength): Fitch Ratings’ Insurer Financial Strength rating provides an assessment of the financial strength of an insurance organization and its capacity to meet senior obligations to policyholders and contract holders on a timely basis.
Moody’s (Financial Strength): Moody’s Insurance Financial Strength Ratings are opinions of the ability of insurance companies to repay punctually senior policyholder claims and obligations.
Standard & Poor’s, a division of The McGraw-Hill Companies, Inc., provides independent financial information, analytical services, and credit ratings to the world’s financial markets. For more information on Standard & Poor’s, visit their website.