New York Life

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New York Life brand introduction

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New York Life Insurance Company, one of the world's top 500 companies, was founded in New York in 1845, and is a large insurance and financial service institution in the United States, providing a variety of sound financial products and guaranteed financing to the society

Founded in New York City in 1845, New York Life Insurance is one of the largest insurance and financial services providers in the United States.

For more than 150 years, New York Life and its subsidiaries have provided a wide range of products and services, including individual life and annuities, group life insurance, pensions, trust funds and others
sound financial products and secured financing. In today's diverse and fast-growing insurance market, New York Life is leading the way in terms of service, fundraising, and product innovation.
By the end of 1999, New York Life had $130 billion in assets under management. Its net income for 1999 was $550 million, excluding one-time income, and the company's actual net income in 1999 reached $482 million, an increase of 31% from $369 million in 1998. In 1999, the company's operating income was US$10.6 billion, compared with US$8.6 billion in 1998, a year-on-year increase of 23%. Corporate Earnings and Investment Reserves, funds used for business development and to protect policyholders' interests, increased by $975 million, or 13%, to $8.7 billion. The ratio of surplus, investment reserves to assets increased from 8.25% in 1998 to 9.13% in 1999, one of the highest capital ratios in the industry.

New York Life及其全资附属公司——New York Lifeinsurance及年金公司,连续多年获得四大财务评鉴机构:A.M.Best,Moody's,Standard & Poor’s 和Duff & Phelps给予的极高评级。United States的《财富》杂志(Fortune)持续十几年,由万名以上的资深高级主管、公司董事及财务分析师参与,对全美41种主要行业进行大规模的声望调查。而New York Life在此调查中一直名列前茅,获得一致肯定,为寿险业最佳品质的象征。

In addition, New York Life has a number of records to be proud of. Since 1995, New York Life has had the largest number of insurance agents of any life insurance company in the world receive membership in the Million Dollar Roundtable, an international organization of life insurance practitioners.

With 7,400 employees, 7,000 agents and operations on 50 continents, New York Life has formed an extensive sales and service network that provides insurance and financial services to six million American families through more than 200 service organizations. In addition to this, New York Life also expands its international business through its subsidiary, New York Life International. New York Life's policies and products to Hong Kong SAR, Indonesia, South Korea, Taiwan, Mexico and Argentina have expanded its business to more than 600 million people around the world.

Although New York Life Insurance Company is a well-known economic service enterprise, it is not satisfied with its current achievements and is still trying to grow. The company has a glorious history, strong economic strength, and innovation vitality. For 150 years, the New York Life Insurance Company was still most concerned with the interests of its customers. In order to meet the needs of customers and keep pace with development, the company continues to develop new types of insurance, give full play to product characteristics, provide service quality, and adopt new technologies. It is the tradition of New York Life Insurance Company to be ahead of its time, which has given New York Life Insurance Company a reputation as "the first company to do so."


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