New York Life ranks #82 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 Coca Cola (83), News Corp. (84), Aetna (85), General Dynamics (87), Tyson Foods (88), and Hartford Financial (95).
With 2007 revenue of more than $29 billion, according to Fortune’s proprietary formula, New York Life once again retained its title as the largest mutual life insurance company in the United States.
| Fortune 500 Industry Data - Insurance: Life, Health (mutual) |
| Rank |
Company |
Fortune 500 Rank |
Revenues ($ millions) |
1
2
3
4
5
6
7
8
9
10
11
12
|
New York Life
TIAA-CREF
MassMutual
Northwestern Mutual
Guardian Life of America
Thrivent Financial for Lutherans
Western and Southern Financial
Mutual of Omaha Ins.
CUNA Mutual Group
National Life Group
Mutual of America Life
Knights of Columbus
|
82
86
99
110
259
398
480
525
566
825
937
967
|
29,279.6
27,526.0
25,268.2
22,596.6
10,070.7
6,132.6
4,810.7
4,337.4
3,849.6
2,253.0
1,810.2
1,739.9
|
From the May 5, 2008 issue.
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|