Thursday, April 13, 2006

 

New York Life Achieves Record Sales, Revenue And Surplus In 2005

Surplus Increases $1 Billion to $12.9 Billion Insurance Sales Increase 10%, Investment Sales Rise 17%, Operating Revenue Up 8% Net Income, Excluding Realized Capital Gains and Losses, Increases 18% to $1.035 Billion

New York Life Insurance Company, America's largest mutual life insurance company, set new records for sales of insurance and investment products, as well as reached new highs in surplus, operating revenue, assets under management and other measures in 2005.

New York Life Achieves Record Sales, Revenue And Surplus In 2005
Source: BusinessWire

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