For generations, we have provided strength and security while staying focused on the future. Since April 12, 1845—when New York Life Insurance Company was founded and its first $5,000 policy was issued to Elected Secretary Lewis Benton—we’ve remained committed to protecting what matters most and delivering on our promises.
As President and Chairman (1907–1932) Darwin P. Kingsley said, “When will New York Life be finished? Never! Its foundations are as deep as human love; its spires disappear in unfulfilled dreams of human aspiration; its great arches support an expanding nave which can cover and protect all who come.”
That passion and commitment to protection have continued unabated for nearly two centuries. We've seen the nation evolve and events occur that have affected the lives of Americans: from the Civil War, to the 1906 San Francisco earthquake, to the 1929 stock market crash, to Hurricane Katrina in 2005, 9/11, and of course, the 2008 recession.
What does this mean? It reflects the enduring resilience of New York Life Insurance Company—a company that has stood strong through changing times and economic cycles. That consistency means we’ll be there for our policy owners and their families for generations to come.
Our legacy is built on integrity, mutuality, humanity, and financial strength—and carried forward by agents whose dedication and service distinguish us every day.
An insurance policy is only as good as the company behind it. To help consumers make intelligent decisions, independent services rate insurers. While the rating services use the same criteria to make their judgments, each focuses on a separate aspect of a company. New York Life Insurance Company and its subsidiary, New York Life Insurance and Annuity Corporation have received the highest ratings currently awarded to any life insurer by all four major ratings agencies as indicated below.
Moody's: Aaa for financial strength
A.M. Best: A++ for financial strength
Standard & Poor's: AA+ for financial strength
Fitch: AAA for financial strength
Financial Strength ratings are based on individual independent ratings agency commentaries as of 8/1/17.
Our mission is to provide financial security and peace of mind through our insurance, annuity and investment products and services. By continuing to be a mutual company, we are uniquely aligned with our customers. By maintaining superior financial strength, we protect their future. By acting with integrity and humanity, we can earn their trust and loyalty. Every decision we make, every action we take has one overriding purpose: To be here when our customers need us.