New York Life ranks #76 on the prestigious Fortune 500 list. Each year, Fortunemagazine collects revenue data from the largest companies in the Unites States and publishes the rankings. The published list is considered a “who’s who” of corporate America. New York Life has a stronger position on the Fortune 500 list than other powerful brands including Motorola (78), Merck (103), Aetna (77), General Dynamics (83), Tyson Foods (89), and Prudential (84).
With 2008 revenue of more than $31 billion, according to Fortune’s proprietary formula, New York Life once again retained its title as the largest mutual life insurance company in the United States.
| Fortune 500 Industry Data - Insurance: Life, Health (mutual) |
| Rank |
Company |
Fortune 500 Rank |
Revenues
$ millions |
% change since 2007 |
1
2
3
4
5
6
7
8
9
10
|
New York Life
TIAA-CREF
Northwestern Mutual
Massachusetts Mutual Life Insurance
Guardian Life Ins. Co. of America
Thrivent Financial for Lutherans
Western & Southern Financial Group
Mutual of Omaha Insurance
National Life Group
Mutual of America Life
|
76
82
118
135
279
409
441
525
804
972
|
31,416.2
29,362.5
21,734.4
18,744.6
9,675.0
6,060.6
5,391.7
4,312.0
2,399.5
1,772.9
|
7.3
6.7
-3.8
-25.8
-3.9
-1.2
12.1
-0.6
6.5
-2.1
|
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