Announced a dividend payout of $1.8 billion, a 35 percent increase since 2012. Achieved record highs in life insurance sales ($1.3 billion) and in-force ($957 billion). Reached a record high in annuity sales ($13 billion), with a 24 percent market share in fixed immediate annuities and 33 percent of the market for deferred income annuities4. Reported a general account balance of $230 billion in cash and invested assets, and total assets under management of $538 billion. About New York Life New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States* and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings currently awarded to any life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch (AAA), Moodys Investors Service (Aaa), Standard & Poors (AA+).** Headquartered in New York City, New York Lifes family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments*** provides institutional asset management. Other New York Life affiliates provide an array of securities products and services, as well as retail mutual funds. Please visit New York Lifes website at www.newyorklife.com for more information. *Based on revenue as reported by Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual), Fortune magazine, 6/17/16. For methodology, please see http://fortune.com/fortune500/ **Individual independent rating agency commentary as of 8/9/16. ***New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC. $923,434 1 Individual life insurance in force is the total face amounts of individual life insurance contracts (term, whole life, and universal life) outstanding for the Company and its domestic insurance subsidiaries at a given time. 2 Ipsos poll of 1,863 U.S. adults over the age of 30, conducted in December 2016 on behalf of New York Life: https://www.newyorklife.com/newsroom/2016/optimism-rising/ . 3 Operating Earnings is the measure used for management purposes to track the companys results from ongoing operations and the underlying profitability of the business.
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