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Our Ratings and Rankings

Our financial strength is reflected in the strong ratings we continue to receive from independent rating agencies. And unlike many insurance companies that saw their financial strength ratings decline in the 2008-2009 financial crisis, ºÚÁÏÕýÄÜÁ¿ Life and ºÚÁÏÕýÄÜÁ¿ Life of New York were never downgraded.

 

High ratings by independent agencies

Ratings shown are the same for both ºÚÁÏÕýÄÜÁ¿ Life and ºÚÁÏÕýÄÜÁ¿ Life of New York. They each receive separate ratings from the independent rating agencies. Neither ºÚÁÏÕýÄÜÁ¿ nor ºÚÁÏÕýÄÜÁ¿ Life Insurance Co. of New York can guarantee future financial results.

Rating Rating Agency Outlook As of Date
A1 (Good) Fifth highest of 21 ratings

 (Moody's)

Stable outlook 3/22/24

Insurance companies rated A offer good financial security. Moody's assigns ratings from Aaa to C.

A+ (Superior) Second highest of 15 ratings

Stable outlook 11/2/23

The A+ rating is assigned to companies considered to have a superior ability to meet their ongoing obligations to policyholders. A.M. Best assigns ratings from A++ to F.

A+ (Strong) Fifth highest of 22 ratings

 (S&P)

Stable Outlook 4/21/23

Insurers in the AA category are considered to have a very strong capacity to meet financial commitments. The plus (+) or minus (-) sign indicates relative standing within the category. Standard & Poor’s assigns ratings from AAA to CC.

Our strong Comdex score

The Comdex ranking is an average percentile of a company's ratings, making it easier to compare companies. Comdex looks at companies rated by independent rating agencies, then ranks more than 200 of those companies on a scale from 1 (lowest) to 100 (highest), based on their agency ratings. A company must be rated by at least two rating agencies to receive a Comdex ranking. Source: Comdex, a product of EbixExchange

 

ºÚÁÏÕýÄÜÁ¿ Life and ºÚÁÏÕýÄÜÁ¿ Life of New York are ranked separately and both hold a Comdex ranking of 90.

Comdex ranking

90

out of 100

As of  April 1, 2024.

 

More top industry rankings

ºÚÁÏÕýÄÜÁ¿ is one of the nation's largest life insurance companies. We rank among industry leaders in key categories, including variable annuities, variable universal life insurance and disability income insurance.

  • 25th largest life insurance company of about 727 life insurance companies, based on total assets as of Dec. 31, 20231

  • Top 10 in
    • Survivorship variable universal life (SVUL) insurance premiums2
    • Registered index-linked annuity (RILA) sales2
    • Variable universal life insurance premiums2
  • Ranked 11th in
    • Individual disability income (DI) insurance premium sales2

  • Ranked 14th in
    • Traditional variable annuity sales2

 

Independent rating agencies have consistently given ºÚÁÏÕýÄÜÁ¿ high ratings for financial strength.

Talk to an advisor

We welcome you to learn more about ºÚÁÏÕýÄÜÁ¿, whether you are new to ºÚÁÏÕýÄÜÁ¿, a current client, or a financial advisor with questions.

 

12023 Life Insurers Fact Book, ACLI. This includes ºÚÁÏÕýÄÜÁ¿ Life Insurance Co. of New York.

21Q 2024, LIMRA International. Survivorship Variable Universal life (SVUL) is also referred to as Second to Die Variable Universal Life. Structured annuities are also referred to as Registered index-linked annuities (RILA). Structured annuities are not available in all states.