INVESTMENTS

$371 billion investment portfolio prioritizes quality, diversification and risk management over short-term market opportunities.

Highlights

• New York Life manages an approximately $371 billion General Account investment portfolio designed to meet policy owner commitments over time horizons ranging from six months to more than 60 years.
• New York Life prioritizes quality, diversification and risk management over short-term market opportunities – a disciplined approach that has supported its financial strength and stability for more than 180 years.
• The General Account supports broader economic growth by investing in public and private corporations, real estate and infrastructure – helping businesses grow, foster innovation, create jobs and build stronger communities.

As a mutual company, New York Life has a singular mission: serving its policy owners. Every decision we make has their needs at our core.

Those same principles shape how New York Life invests.

Investments are held primarily in the General Account – New York Life's $371 billion* high-quality, diversified investment portfolio that stands behind every policy we issue, underpinning the long-term promises we make to policy owners.

Because New York Life offers products that can last anywhere from six months to more than 60 years, the premiums and deposits received from policy owners must be invested with discipline and precision. The General Account carefully balances risk and return to position the portfolio to meet commitments not just today, but for decades to come.

Rather than chasing short-term market opportunities, New York Life invests with an emphasis on quality, diversification, and risk management to build a resilient portfolio designed to perform across changing economic and market environments.

The General Account also contributes to broader economic growth through its investments in asset classes such as public and private corporations, residential and commercial real estate, and infrastructure. These investments help businesses grow, foster innovation, create jobs, and build stronger communities.

For more than 180 years, the General Account has helped support New York Life's financial strength and stability. It enables the company to generate earnings, build surplus, consider whether to pay dividends** to eligible participating policy owners, and invest for the future. That disciplined approach reflects New York Life's mutual structure and its enduring commitment to keeping the promises it makes to policy owners.

Learn more about New York Life’s General Account in our 2025 Investment Report, or read more about the company’s financial performance and its commitment to its customers in the 2025 Report to Policy Owners.

*As of December 31, 2025, General Account investment portfolio of New York Life Insurance Company (NYLIC) and its affiliated insurance companies.

**Dividends are not guaranteed.