New York Life to Unify Investment Businesses, Creating a Premier $785 Billion Global Investment Platform
ABOUT NEW YORK LIFE
New York Life Insurance Company (www.newyorklife.com), a Fortune 100 company founded in 1845, is the largest³ mutual life insurance company in the United States and one of the largest life insurers in the world. With headquarters in New York City, New York Life’s family of companies offers life insurance, and other solutions. New York Life has the highest financial strength ratings currently awarded to any U.S. life insurer from all four of the major credit rating agencies. ⁴
1. Assets under management (AUM) are as of 6/30/2025, includes certain assets that do not qualify as Regulatory Assets Under Management, and includes the assets of the following affiliated investment managers: Ausbil Investment Management Limited, Apogem Capital LLC, Candriam S.C.A., MacKay Shields LLC, New York Life Investment Management LLC, NYL Investors LLC, and Tristan Capital Partners LLP.
2. Global public fixed income assets and private markets asset as of 6/30/2025. Top 20 global public fixed income manager rankings are based on eVestment data; certain peer assets are as of March 31, 2025, due to data availability. Top 15 private market manager rankings are based on internal analysis of public filings and company disclosures; certain peer assets are as of September 30, 2024, due to data availability. Rankings are derived from self-reported and public information, which may not be calculated on a consistent basis across managers. Private markets include private equity, private credit, real estate, and infrastructure assets.
3. Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/2/2025. For methodology, see https://fortune.com/company/new-york-life-insurance/
4. Individual independent rating agency commentary as of 5/16/2025: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aa1), Standard & Poor’s (AA+)