New York Life Insurance Company

51 Madison Ave.
New York, NY 10010 (Map)
Phone: 212-576-7000
Fax: 212-576-8145
Toll Free: 800-692-3086
http://www.newyorklife.com

Hoover's coverage by Nell Newton

Overview

New York Life Insurance has been in the Big Apple since it was just a tiny seed. The company (the top mutual life insurer in the US) is adding products but retaining its core business: life insurance and annuities. New York Life has added such products and services as mutual funds for individuals. It also offers its investment management services to institutional investors. Other lines of business include long-term care insurance and special group policies sold through AARP and other affinity groups or professional associations. The company, through New York Life International, is also reaching out geographically, targeting areas such as Mexico and India where the life insurance markets are not yet mature.

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Key Numbers from Hoover's UK

Key financials for New York Life Insurance Company

Company Type Private - Mutual Company
Fiscal Year-End December
2008 Sales (mil.) £11,622.8
1-Year Sales Growth (20.3%)
2008 Net Income (mil.) (£701.6)
2008 Employees 15,000
1-Year Employee Growth 1.0%
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Key People from Hoover's UK

Key people and executives for New York Life Insurance Company

Chairman, President, and CEO Theodore A. (Ted) Mathas
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EVP and CFO Michael E. Sproule
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SVP Corporate Information and CTO Sue Ericksen
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Top Competitors from Hoover's UK

Top competitors of New York Life Insurance Company

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Significant Developments

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Industry Information from Hoover's UK

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Rankings from Hoover's UK

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  • #76 in FORTUNE 500
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