Thursday, April 05, 2007
New York Life Sets Many New Record in 2006
New York Life Insurance Company, America's largest mutual life insurance company, set new records in 2006 for sales of insurance and investment products, as well as reached new highs in operating earnings, surplus, operating revenue, and assets under management. The company's net income reached $2.3 billion in 2006, compared with $855 million in 2005. The rise in net income was the result of strong operating earnings coupled with realized capital gains that included a $1,011 million one-time gain from a change in accounting for a company investment.
New York Life Sets Many New Record in 2006
Source: Insurance News Net
New York Life Sets Many New Record in 2006
Source: Insurance News Net
Permalink posted by armandn @ 6:37 AM 
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