New York Life Insurance Co. set new records last year in operating revenue as well as sales of insurance and investment products. The company also added more than $2 billion to surplus for the year, expanding policyholders’ cushion of safety to more than $15 billion, also an all-time high.
Operating earnings for the year were $1.22 billion, down slightly from $1.28 billion, while operating revenue was $14.38 billion, up from $13.94 billion.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access