175 years of helping people act on their love.
At the heart of New York Life is a commitment to be there for our customers when they need us—whether today or decades into the future. We have delivered on that promise for 175 years by investing wisely, growing a portfolio of strategic businesses, and remaining true to our mission as a mutual company, accountable only to our customers, not to outside investors. Today, no U.S. life insurer has a higher financial strength rating than New York Life. For our customers, that means having the confidence that comes with knowing they can build a better future for themselves and those they love.
At the heart of New York Life is a commitment to be there for our customers when they need us—whether today or decades into the future. We have delivered on that promise for 175 years by investing wisely, growing a portfolio of strategic businesses, and remaining true to our mission as a mutual company, accountable only to our customers, not to outside investors. Today, no U.S. life insurer has a higher financial strength rating than New York Life. For our customers, that means having the confidence that comes with knowing they can build a better future for themselves and those they love.
Delivering value to our customers
175
years of security
Highest
financial strength rating1
#1
largest mutual insurer in
the U.S.2
$1.9B
in dividends to our
customers in 20203
Review our performance.
As a mutual company, we are accountable to you only.
That means we are fully aligned with our policy owners, not with outside investors or Wall Street. This allows us to focus on delivering lifelong value to our clients, including sharing our success with eligible participating policy owners through non-guaranteed dividends, which we've paid for 166 consecutive years.
What mutuality means for you:
- We’re focused on the long term, and our interests are always aligned with those of our policy owners.
- Our financial strength provides peace of mind now and in the
future. - Since 1854, we’ve paid dividends every year.
- We’ve been meeting our obligations for 175 years, in good times and bad.
Building a caring and committed workforce.
People come to work at New York Life to contribute to the financial goals of millions of families and businesses each day. We have a diverse, nationwide workforce that allows us to support the communities where we work. Our purpose-driven mind-set has attracted people who want to do good and has resulted in great success for our company and our customers.
Our workforce thrives on its diversity.
- 54% of the workforce are women
- 40% of the workforce are people of color
- We have seven employee resource group
We're proud to be recognized by organizations that also value diversity.
- Forbes 2019: America’s Best Employers for Diversity
- Diversity Inc 2018: Top 50 Companies for Diversity
- NAFE 2018: Top 70 Companies for Executive Women
Serving local communities, making a national impact.
The history of New York Life is about being there when we are needed, for our customers and for the thousands of communities where we work and live. Our agents and employees contributed over 136,500 hours of volunteer work and millions of dollars in donations in 2018 alone. The New York Life Foundation has contributed nearly $300 million since its founding in 1979, with a focus on educational enhancement and helping children who have suffered the loss of a loved one.
Learn more
It's always useful to learn a little more. Take a look at these helpful links.
Growing as a global asset manager.
With over $300 billion in assets under management, New York Life Investment Management and its network of independent boutiques offer a broad array of investment solutions for pensions, endowments, advisors, and individuals.
We constantly innovate to prepare for the future and create value for our customers.
Being here to protect lives for 175 years means we've always had to look ahead. Read more about our innovation efforts.
1New York Life has the highest financial strength ratings currently awarded to any U.S. life insurer from all four of the major credit rating agencies as of 9/12/2019: A.M. Best (A++), Fitch(AAA), Moody's Investors Service (Aaa), Standard & Poor's (AA+).
2Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/1/19. For methodology, please see http://fortune.com/fortune500/.
3Dividends are paid on participating policies and are based on the policy's applicable dividend scale, which is neither guaranteed nor an estimate of future performance results.
