New York Life Insurance Company

New York Life Insurance Company
Company typePrivate
IndustryInsurance: life and annuity
Founded1845 (1845)
HeadquartersNew York Life Building
New York, New York, U.S.
Key people
Craig DeSanto (CEO)
Ted Mathas (chairman)
ProductsLife insurance, annuities, long-term care insurance, asset management, disability insurance
Revenue US$$58.445 billion (2022)
US$-1.13 billion (2022)
AUMUS$670 billion (2023)
Total assets US$392.13 billion (2022)
Total equity US$23.88 billion (2022)
Number of employees
15,050 (2022)
SubsidiariesNew York Life Investments
Websitenewyorklife.com

New York Life Insurance Company (NYLIC) is the third-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 2023, 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.