On June 16, 2011 A.M. Best Co. has affirmed the financial strength rating of A++ (Superior) and issuer credit ratings (ICR) of “aaa” of New York Life Insurance Company and its wholly owned subsidiaries, New York Life Insurance and Annuity Corporation (the company that is used for qualified assignments)
Best says that "New York Life’s ratings continue to reflect its leading market position in the U.S. life insurance industry, its highly productive career agency force and superior risk-adjusted capitalization. The ratings also consider the company’s favorable liability profile, stable operating earnings and commitment to mutuality"
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