Our financial strength rating
New York Life Insurance Company and its subsidiaries, New York Life Insurance and Annuity Corporation, Life Insurance Company of North America and New York Life Group Insurance Company of NY earn the highest financial strength ratings currently awarded to any life insurer by the major ratings agencies. Current ratings for the companies are as follows:
|A.M. Best||A++||September 14, 2022||Analysis: (9/30/2022)|
|Fitch Ratings||AAA||June 13, 2023||Analysis: (6/13/2023)|
|Moody’s Investors Service||Aaa||June 28, 2023||Credit Opinion: (6/28/2023)|
|Standard & Poor’s||AA+||July 29, 2022||Analysis: (7/29/2022)|
A.M. Best (Financial Strength): A Best’s Financial Strength Rating is an opinion of an insurer’s ability to meet its obligations to policyholders.
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“Best’s Ratings are under continuous review and subject to change and/or affirmation. To confirm the current rating, please visit the A.M. Best web site, www.ambest.com.”
Fitch Ratings (Insurer Financial Strength): Fitch Ratings’ Insurer Financial Strength rating provides an assessment of the financial strength of an insurance organization and its capacity to meet senior obligations to policyholders and contract holders on a timely basis.
Moody’s (Financial Strength): Moody’s Insurance Financial Strength Ratings are opinions of the ability of insurance companies to repay punctually senior policyholder claims and obligations.
Standard & Poor’s, a division of The McGraw-Hill Companies, Inc., provides independent financial information, analytical services, and credit ratings to the world’s financial markets. For more information on Standard & Poor’s, visit their website.