New York Life Completes Acquisition of Participating Whole Life Insurance Block from John Hancock, via Reinsurance
Deal
The closed block of 1.3 million in-force policies with a face amount of more than
*Reflects cash and invested assets on a consolidated basis.
New York Life Crosses
Earlier this year New York Life’s general account, managed for the benefit of policyowners, exceeded
*Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/15/15. For methodology, please see http://fortune.com/fortune500/.
**Individual independent rating agency commentary as of 7/1/15.
***New York Life Investments is a service mark used by
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