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Why New York Life?
There when you need us most.
Financial strength
175 years strong;
over $30B in surplus.*
Mutuality
Needs aligned with yours; we operate for the benefit of our policy owners, not for stockholders.
Human guidance
12,000 professionals across the country to help you get what you need.
Lifelong protection
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. New York Life Insurance Company’s (NYLIC) statutory surplus was $23.89 billion and $24.57 billion at December 31, 2022 and 2021, respectively. Included in NYLIC’s statutory surplus is New York Life Insurance and Annuity Corporation’s (NYLIAC) statutory surplus totaling $8.54 billion and $9.73 billion at December 31, 2022 and 2021, respectively, and Life Insurance Company of North America’s (LINA) statutory surplus of $1.65 billion and $1.67 billion at December 31, 2022 and 2021, respectively. AVR for NYLIC was $4.23 billion and $4.17 billion at December 31, 2022 and 2021, respectively. AVR for NYLIAC was $1.89 billion and $1.87 billion at December 31, 2022 and 2021, respectively. AVR for LINA was $0.09 billion and $0.08 billion at December 31, 2022 and 2021, respectively. At the time of printing this book, surplus and AVR at December 31, 2022 is preliminary and subject to final audit. LINA is not authorized in New York and does not conduct insurance business in New York.
Policy owners can view audited statutory financial statements by visiting our website, http://du0rbgd.qinwei8760.com.