New York Life
| New York Life Insurance Company
|
|
|---|---|
 |
|
| legal form | Mutual company |
| founding | 1845 |
| Seat |
New York City , New York , United States
|
| management | Ted Mathas ( CEO ) |
| Number of employees | 11,388 |
| sales | 43.4 billion US dollars |
| Branch | insurance |
| Website | www.newyorklife.com/ |
| Status: 2019 | |
The New York Life Insurance Company , usually shortened to New York Life , is an American insurance group. The group is the largest mutual insurance company in the United States and one of the largest life insurers in the world.
The insurance company was founded in 1845 and is based in New York City . CEO is Ted Mathas. The group had 12,650 employees (as of 2005) and achieved 2006 sales of 28.365 billion US dollars . The New York Life Insurance Building , built in the 1920s on Madison Avenue , and the Café New York in the Hungarian capital Budapest , which the company built in the early 1890s, are also architecturally known.
In December 2019, New York Life took over the non- health insurance business of its competitor CIGNA .
Individual evidence
- ↑ newyorklife.com: 2018 Annual Report , accessed on April 26, 2020
- ↑ fortune.com: New York Life Insurance , accessed April 26, 2020
- ↑ Bruce Japsen: Cigna Will Sell Non-Medical Insurance Unit To New York Life For $ 6.3 Trillion. In: www.forbes.com. Accessed January 20, 2020 (English).