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Forbes ranked New York Life #364 among America's Best Employers for 2017. As of 2023, New York Life ranks No. 71 on the Fortune 500. By the end of 2023, New York Life had earned the highest financial strength ratings from major four rating agencies: A++ from A.M.Best, AAA from Fitch Ratings, Aaa from Moody and AA+ from Standard & Poor's.
Mutual Life Insurance Company of New York. The Mutual Life Insurance Company of New York (also known as Mutual of New York or MONY) was the oldest continuous writer of insurance policies in the United States. Incorporated in 1842, it was headquartered at 1740 Broadway, before becoming a wholly owned subsidiary of AXA Financial, Inc. in 2004.
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company ( MLIC ), [3] better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. [4] [5] The firm was founded on March 24 ...
He sold life insurance policies with a total face value of about $1.5-billion [4] for New York Life from 1942 to his death in 1993. He once held the world record for the most products sold (by value) by a salesman in a career, a year ($100,000,000), and in a single day ($20,000,000).
The company is based in Rochester, New York and is a subsidiary of American Income Life Insurance Company which is a subsidiary of Globe Life. History. NILICO's parent company, the insurance American Income Life (AIL), was founded more than 50 years ago by Bernard Rapoport with $25,000 of borrowed capital.
Mr. Fass has held various positions of importance since joining the company in 1993. In 2004, Mr. Fass was promoted to managing partner of New York Life’s Westchester General Office in White Plains.
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