The New York Life Insurance Company (NYLIC) is the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world. The company ranks #76 on the 2009 Fortune 100 list, making it the highest privately held insurance company on that list. By June 2009, Standard and Poor's, A.M. Best, Fitch and Moody's reaffirmed New York Life's "superior" financial strength. The company is now one of only three life ins...
more
The New York Life Insurance Company (NYLIC) is the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world. The company ranks #76 on the 2009 Fortune 100 list, making it the highest privately held insurance company on that list. By June 2009, Standard and Poor's, A.M. Best, Fitch and Moody's reaffirmed New York Life's "superior" financial strength. The company is now one of only three life insurers to hold the highest possible rating from all four major rating agencies. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.
The company was founded in 1845 as the Nautilus Insurance Company in New York City, with assets of just $17,000. It was renamed the New York Life Insurance Company in 1849. Its first headquarters were at 112-114 Broadway; the first president was James DePeyster Ogden. The current New York Life headquarters was designed by noted...
less
