The Mutual Life Insurance Company Of New York
For all of lifes milestones were here for you your family and your business. Mutual of new york insurance company syracuse ny 13221 4707 800 487 6669.
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It played a key role in the development of the us.
The mutual life insurance company of new york. Mutual of new york insurance company mony is affiliated with mony group a family of companies which became wholly owned subsidiaries of axa financial inc. Although it has been selling conventional whole life policies for more than a century mony has accounted for several. Learn about new york life americas largest mutual life insurance company.
Nylic has about 570 billion in total assets under management and more than 25 billion in surplus and avr. New york life insurance company nylic is the third largest life insurance company in the united states the largest mutual life insurance company in the united states and is ranked 69 on the 2018 fortune 500 list of the largest united states corporations by total revenue. From its inception mony was a mutual company owned by its policyholders and run by a board of trustees elected by policyowners.
They received a charter from the state of new york on april 12 1842 and opened the doors of the mutual life insurance company of new york for business less than a year later. Security mutual life insurance company of new york provides affordable life insurance coverage since 1886. On november 16 1998 the mutual life insurance company of new york successfully completed its conversion from a mutual life insurance company to a shareholder owned company the mony group inc.
Mutual of new york mony. The mutual life insurance company of new york the mutual life 1845 46 it commenced without capital on the 1st of february 1843. The mutual life insurance company of new york mony has been successful for most of its history.
On july 8 2004. Mutual of new york insurance company. At the close of its second year 31st of january 1845 it had issued 1086 policies and its net accumulated premiums was 97278.
On july 8 2004 mony group became a wholly owned subsidiary of axa financial.
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