1Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/5/23. For methodology, please see https://fortune.com/franchise-list-page/fortune-500-methodology-2023/
2Dividends are paid on participating policies and are based on the policy’s applicable dividend scale, which is neither guaranteed nor an estimate of future performance results.
3The “highest ratings currently awarded” refers to the highest ratings currently awarded to any U.S. life insurer, specifically: AM Best A++ (as of 9/30/2022), Fitch Ratings AAA (as of 11/4/2022), Moody’s Aaa (as of 12/9/2022), and Standard & Poor’s AA+ (as of 7/29/2022). Source: third-party reports. Learn more: https://www.newyorklife.com/about/our-strength/what-rating-agencies-say.
4Stated figures are as of February 2023.
Clinton Mora is a reporter for Trending Insurance News. He has previously worked for the Forbes. As a contributor to Trending Insurance News, Clinton covers emerging a wide range of property and casualty insurance related stories.