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NEW YORK LIFE INSURANCE and ANNUITY CORPORATION Management's Form
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People also ask
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Who owns the New York Life Insurance Company?
We answer to our policy owners, not to Wall Street New York Life is a mutual company, meaning we are not traded on the stock exchange, we don't have shareholders, and we don't answer to Wall Street. We answer to and operate for the benefit of current and future policy owners.
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Is New York Life a good company for annuities?
New York Life has the best financial strength ratings compared to all other insurance companies. Financial strength helps determine how likely an insurance company will pay out if they were asked. If New York Life fell apart that would mean the entire economy in the US has fallen apart.
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Does Fidelity own New York Life?
Fidelity Brokerage Services, Member NYSE, SIPC, and Fidelity Insurance Agency, Inc., are the distributors; they are not affiliated with any New York Life Insurance Company. Protect yourself from market downturns, and enjoy growth potential.
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Who are the shareholders of New York Life Insurance Company?
We answer to our policy owners, not to Wall Street New York Life is a mutual company, meaning we are not traded on the stock exchange, we don't have shareholders, and we don't answer to Wall Street.
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How do I contact New York Life Insurance and Annuity Corporation?
Find information related to policies, beneficiaries, licensing, account servicing and more below. If you need further assistance, please call our Service Center at (800) 762-6212, Monday through Friday 8:30 a.m. to 5:30 p.m.
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Is New York Life financially stable?
New York Life has the highest financial strength ratings currently awarded to any U.S. life insurer from all four of the major credit rating agencies. Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/5/2023.
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What is the lawsuit against New York Life?
The settlement is the latest among ERISA cases aimed at financial services companies. New York Life has agreed to pay $19 million to end a lawsuit over the company's use of its own investment products in its 401(k) plans.
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Who did New York Life merge with?
New York Life Purchases CIGNA's Group Life & Disability Business. At the start of 2021, insurance giant New York Life completed its 2020 purchase of CIGNA's group life, accident, and disability business for $6.3. billion, adding nine million customers and creating a new entity: New York Life Group Benefit Solutions.
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