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180+ years strong; over $33.3B in surplus.*
Needs aligned with yours; we operate for the benefit of our policy owners, not for stockholders.
12,000 professionals across the country to help you get what you need.
Broadest set of solutions for financial preparedness.
* Total surplus, which includes the AVR, is one of the key indicators of the company's long-term financial strength and stability and is presented on a consolidated basis of the company. NYLIC's statutory surplus was $26.4 billion and $25.3 billion at Dec. 31, 2024 and 2023, respectively. Included in NYLIC's statutory surplus is NYLIAC's statutory surplus totaling $8.4 billion and $8.9 billion at Dec. 31, 2024 and 2023, respectively, and LINA's statutory surplus of $2.2 billion and $1.9 billion at Dec. 31, 2024 and 2023, respectively. AVR for NYLIC was $4.6 billion and $4.5 billion at Dec. 31, 2024 and 2023, respectively. AVR for NYLIAC was $2.1 billion and $1.9 billion at Dec. 31, 2024 and 2023, respectively. AVR for LINA was $0.2 billion and $0.1 billion at Dec. 31, 2024 and 2023, respectively.
Policy owners can view audited statutory financial statements by visiting our website, http://www.newyorklife.com.
“New York Life” or “the company,” as used throughout the Report, can refer either separately to the parent company, New York Life Insurance Company (NYLIC), or one of its subsidiaries, or collectively to all New York Life companies, which include NYLIC and its subsidiaries and affiliates, including New York Life Insurance and Annuity Corporation (NYLIAC), NYLIFE Insurance Company of Arizona (NYLAZ), Life Insurance Company of North America (LINA), and New York Life Group Insurance Company of NY (NYLGICNY). NYLAZ and LINA are not authorized in New York and do not conduct insurance business in New York. LINA and NYLGICNY are referred to as the New York Life Group Benefit Solutions business. Any discussion of ratings and safety throughout the Report applies only to the financial strength of New York Life, and not to the performance of any investment products issued by the company. Such products’ performances will fluctuate with market conditions.