New York Life Insurance Company

New York Life Insurance Company
Company typePrivate
IndustryInsurance: life and annuity
Founded1845 (1845) in New York, New York
HeadquartersNew York Life Building,
New York, New York
,
U.S.
Key people
Craig DeSanto (CEO, chair)
ProductsLife insurance, annuities, long-term care insurance, asset management
Revenue US$ 27.19 billion (2024)
US$470 million (2024)
Total assets US$244.90 billion (2024)
Total equity US$26.43 billion (2024)
Number of employees
15,384 (2023)
SubsidiariesNew York Life Investments
Websitenewyorklife.com
Footnotes / references

New York Life Insurance Company (NYLIC), most commonly known as New York Life, is the second-largest life insurance company and the largest mutual life insurance company in the United States, and is ranked #69 on the 2025 Fortune 500 list of the largest U.S. corporations by total revenue. In 2025, NYLIC achieved the best possible ratings by the four independent rating companies (Standard & Poor's, AM Best, Moody's and Fitch Ratings). Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.