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Essay

New York Life

Essay specific features

 

Issue:

Business

 

Written by:

William A

 

Date added:

March 23, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 713

 

Was viewed:

8011 times

 

Rating of current essay:

 
Essay content:

Professional agents, excellent customer service, strategic financial practices, and offering original products to policyholders are the ingredients that have kept New York Life a thriving mutual insurance company. According to New York Life’s CEO Sy Sternberg, being a mutual life insurance company means that the company can provide for its policyholders in the long-run, unlike an investment life insurance company (www...
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In addition to its nearly $169 billion in consolidated assets, New York Life holds a well-diversified portfolio, and receives some of the highest ratings for financial strength from the life insurance industry’s rating agencies (www.newyorklife.com). Most of New York Life’s assets are invested in fixed securities that have investment grade ratings by the National Association of Insurance Commissioners (www...
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