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Over 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 over 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. 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 over 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. 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
$2B
in dividends to our
customers in 20233
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 169 consecutive years.
- 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 over 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.
- 59% of the workforce are women
- 40% of the workforce are people of color
- We have seven employee resource groups
We're proud to be recognized by organizations that also value diversity.
- Forbes 2023: America’s Best Employers for Diversity4
- Human Rights Campaign: Perfect 100% score on the 2022 Corporate Equality Index5
- NAFE 2020: Top 70 Companies for Executive Women6
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 136,000 hours of volunteer work in 2022 alone. The New York Life Foundation has contributed nearly $415 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 $710 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 over 175 years means we've always had to look ahead. Read more about our innovation efforts.
1The “highest ratings currently awarded” refers to the highest ratings currently awarded to any U.S. life insurer, specifically: A.M. Best A++ (as of 9/14/22), Fitch Ratings AAA (as of 10/18/22), Moody’s Aaa (as of 12/9/22), and Standard & Poor’s AA+ (as of 7/29/22). Source: third-party reports.
2New York Life is the Largest Mutual Insurer in the U.S.: Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/5/23. For methodology, please see http://fortune.com/franchise-list-page/fortune-500-methodology-2023/.
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.
4"America's Best Employers for Diversity," Forbes, April 25, 2023. http://www.forbes.com/best-employers-diversity/
5"Corporate Equality Index 2022," Human Rights Campaign. http://www.hrc.org/resources/corporate-equality-index
6"2022 Top Companies for Executive Women Winners," Seramount. http://seramount.com/best-companies/2022-top-companies-for-executive-women-winners/