The New York Life Insurance Company (NYLIC) is the largestmutual life-insurance company in the United States, and one of the largest life insurers in the world, with about $ 287 billion intotal assets under management, and more than $ 15 billion insurplus and AVR. The company ranks # 64 on the 2010Fortune 100 list, making it the highest privately held insurancecompany on That list. In 2007, NYLIC achieved the bestpossible ratings by the four independent rating companies (Standard & Poor's, AM Best, Moody's and Fitch). In June 2009,the same four rating companies reaffirmed New York Life's"superior" financial strength, the which Became a selling point innational TV ad campaigns That same year. The company is nowone of only three life insurers to hold the highest ratings currentlyAwarded to any life insurers by all four rating agencies (Moody's:Aaa, AM Best: A + +. Standards & Poor's: AA +, Fitch: AAA. Allof these are for financial strength. Source: Individual Third PartyRatings Reports (as of 8/8/11).). Other New York Life affiliatesProvide an array of securities products and services, as well asinstitutional and retail mutual funds.
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