IN THE MEDIA New York Life in the news.

Insurance Business America- 04/02/2025

Insurance moves at LexisNexis, NFP, Intact Insurance and others

"...New York Life announced that Christopher D. Kastner, president and CEO of Huntington Ingalls Industries (HII), has joined its board of directors. Kastner brings extensive operational and financial experience and will serve on the board's Audit and Investment committees..."

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Forbes (US) - 03/21/2025

How Data And AI Are Powering Change At 180 Year Old New York Life

"...At New York Life, Vu’s role involves steering both data and AI strategies, which he noted are inextricably linked. This alignment reflects a broader strategic shift initiated by New York Life CEO Craig DeSanto, who prioritized client and agent experience over a traditional product-centric focus..."

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A.M. Best - 03/20/2025

New York Life Reports Record Surplus in 2024; Net Income Climbs to $470 Million

"...New York Life Insurance Co. posted record financial results in 2024, driven by a highest-ever $1.9 billion in insurance sales and $808 billion in assets under management, it said in a year-end financial report. New York Life reported net income of $470.2 million for the full year, up from $28 million in the previous year, according to the report..."

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Human Resources Executive - 03/07/2025

Employee benefits after COVID-19: A five-year transformation

"...While the specific benefits offerings that employees expect, and employers are investing in, have certainly shifted, the overarching strategy, delivery and administration of benefits today also looks wholly different than it did five years ago, says Kristina Welke, vice president and head of strategy, solutions and marketing at New York Life..."

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ThinkAdvisor - 03/05/2025

Ramon Casanova Rises at New York Life

“…New York Life has filled a top post with someone who has been rising up through its ranks for more than 20 years. The New York-based life insurer and asset manager named Ramon Casanova to be head of life insurance solutions..."

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Technovation with Peter High - 02/10/2025

Becoming AI-Ready with New York Life Chief Data & Analytics Officer Don Vu

"...'New York Life is embracing AI and data to enhance customer experience and business strategy. In this episode of Technovation, Don Vu, Chief Data & Analytics Officer, shares how he's leading a transformation at the 180-year-old mutual insurance giant. 'AI isn't just about building tools and throwing them over the wall-it's about embedding a data-driven culture across the company,' Don shares.'..."

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PLANSPONSOR - 02/07/2025

Retirement Industry People Moves

"...At the end of June, current Managing Director Thomas O'Hanlon will become head of NYLREI when Senior Managing Director Mark Talgo, the current NYLREI head, retires..."

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A.M. Best - 01/22/2025

New York Life Appoints Head of Foundational Business and Head of Agency

"...New York Life appointed Aaron Ball head of foundational business and Sonali Virendra as head of agency. This transition follows the announcement last year of Executive Vice President Mark Madgett's retirement in early 2025, after 39 years at the company..."

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Insuretech Insights - 01/15/2025

New York Life Pledges US$150,000 to Support Wildfire Relief Efforts in Los Angeles

"...'At the heart of New York Life is a commitment to be there for our customers, our employees and agents, and our communities,' said Heather Nesle, president of the New York Life Foundation. 'We extend our deepest support and compassion to all those impacted by the wildfires across the Los Angeles region.'..."

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401K Specialist - 01/13/2025

Americans Target Financial Confidence for New Year

"...'Consumers are looking for security and control, especially when it comes to their finances,' said Jessica Ruggles, corporate vice president of Financial Wellness at New York Life. 'Our data has shown people who work with financial professionals tend to feel more secure and are more likely to have a financial strategy in place, inclusive of retirement savings and debt management.'..."

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LOMA - 01/07/2025

FORECAST 2025: Customer Experience

"...'We are developing a single, digital application experience across all product lines, with plans to introduce an initial version in 2025,' says Aaron Ball, EVP & Co-Head of the Foundational Business, New York Life..."

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Life Annuity Specialist - 01/03/2025

Big Mutuals to Pay Out Record Dividends in 2025

"...CEO Craig DeSanto used the payout announcement to point to the New York-based carrier's broader strategy of developing agents, building a diversified and profitable portfolio of businesses, offering innovative products and solutions, leaning into new technologies like artificial intelligence and maintaining high financial-strength ratings..."

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