Corporate Profile
New York Life Insurance Worldwide Ltd.
New York Life Insurance Worldwide Ltd. (Incorporated in Bermuda with Limited Liability) ("New York Life Hong Kong") was established in Hong Kong in 1988. We are committed to providing our customers with a comprehensive range of life and medical insurance products and services. We are a wholly owned subsidiary of New York Life International, LLC, the overseas arm of New York Life Insurance Company.
New York Life International LLC
New York Life International LLC, the international arm of New York Life Insurance Company, offers insurance products through subsidiaries and affiliates in South Korea, China, Hong Kong, India, Argentina, Mexico, Taiwan and Thailand. New York Life ranks in the top two life and health insurance companies in the world, according to the 2007 Fortune "World's Most Admired Companies" survey, published in March 2007.
New York Life Insurance Company
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 insurance companies in the world. Headquartered in New York City, New York Life's family of companies offers life insurance, retirement income, investments and long-term care insurance.
New York Life Insurance Company has excellent ratings for financial strength from major credit rating agencies.
| Institutions | Rating (as of 2007) |
|---|---|
| A.M. Best | A++ |
| Fitch | AAA |
| Moody's Investors Service | Aaa |
| Standard & Poor's | AAA |
| 2006 Financial Highlights | US$ in million |
|---|---|
| Assets Under Management | 264,910 |
| Operating Revenue | 12,304 |
| Net Income | 2,298 |
| Operating Earnings | 1,093 |
| Surplus and Asset Valuation Reserve | 13,859 |
| Individual Life Insurance In Force | 702,320 |
