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New York Life Insurance Company

New York Life Insurance Company

New York Life Insurance Company, in short called as NYLIC is the biggest insurance providers in the world. It is a mutual life-insurance company in America and has the 381 billion dollars assets under operating and more than 19 billion dollars in surplus and AVR. New York Life Insurance Company ranking was 89 on the 2013 Fortune 500 list.

History:

New York Life Insurance Company was established in 1845 as the Nautilus Insurance and James DePeyster Ogden was the first president of the company. in the year 1849 the Nautilus Insurance name has been changed to New York Life Insurance Company. The Nautilus Insurance started with $17,000 in 1845.

About the Company:

The slogan of the company is “The Company You Keep”. New York Life Insurance Company Headquarters are at New York Life Building, New York, New York, USA. Ted Mathas is the current CEO of the New York Life Insurance Company. According to 2012 reports the company revenue is $34.3 Billion USD and net income is $1,333.2 Million USD. According 2013 company reports the New York Life Insurance has the 8,500 employees in all over the offices including global offices.

Lines of Insurance:
Long Term Care, Life

States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Type of Insurance Company: Mutual

Insurance subsidiaries:
New York Life Insurance and Annuity Corp.

New York Life Insurance Company Rating:
Best Insurance Reports: A++

New York Life Insurance Company
Type Mutual
Industry Insurance: Life & Health
Founded 1845
Headquarters New York, New York, USA
Key people Ted Mathas, CEO
Revenue $31,416.2 Million USD (2008)
Net income -$949.7 Million. USD (2008)
Employees 12,650 (2005)

Company Financial Status:
Assets & Premiums: 2006 Assets: $265 Billion
2006 Premiums: $2.85 Billion
S&P rating: AA+
Moody's rating: Aaa
Fitch rating: AAA

New York Life Insurance Phone Number & Contact Details

New York Life
Chairman/CEO   Sy Sternberg
51 Madison Avenue
New York, NY 10010
212-576-7000

Where to send complaints:
New York Life Customer Service
New York, NY 10010
212-576-7000