New York Life Jumps 12 Positions To 64th Place On Fortune 500 List
New York Life Insurance Company announced today that it has moved up twelve positions to 64 th place on Fortune magazine’s annual ranking of America’s 500 largest corporations by revenue. New York Life’s revenues grew by more than eight percent in 2009, up $2.6 billion, and the company remains the largest mutual life insurer in the nation and the second largest U.S. life insurer according to Fortune magazine’s Fortune 500 list. In 2009, New York Life was the largest seller of life insurance and lifetime income annuities in the United States, according to an industry source.*
Ted Mathas, chairman, president and CEO of New York Life, said, “The company's strong advance up the Fortune list of America's largest companies confirms New York Life is growing as it provides larger numbers of families the financial protection they need. The move up the list also reflects the exceptional effort and dedication of our agents and employees as they work to bring safety and soundness to the portfolios of thousands more people every year.”
New York Life celebrates the 165 th anniversary of its founding this year. The company was recently named the Most Admired Life Insurer in Fortune magazine’s annual survey of the “World’s Most Admired Companies.”
New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings from all four of the major credit rating agencies. Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments** provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.Please visit New York Life’s Web site at www.newyorklife.com for more information. *New York Life was the number one seller of fixed immediate annuities in 2009, according to an industry source. Source: LIMRA International, U.S. Individual Annuity Sales Survey, Fixed Immediates, Fourth Quarter YTD 2009 results. (Fixed Immediates include Fixed Period Annuities.) New York Life was the largest seller of individual life insurance, according to an industry source. Note: Sales based on all planned recurring premiums plus 100% of reported single premiums. Source: LIMRA International, Fourth Quarter YTD 2009 Individual Life Insurance Sales Survey.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV