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As of 2016, New York Life Insurance Company was the country's third-largest life insurance company. [4] A mutual insurance company, New York Life is owned by its policyholders and has no outside shareholders. [22] As a mutual, New York Life distributes a portion of its earnings to eligible policyholders as annual dividends.
New York Life Investment Management LLC [1] is a U.S. investment management company based in Jersey City, New Jersey.Founded in 1986, New York Life Investment's parent company is New York Life Insurance Company, the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world, ranking #71 on the 2023 Fortune 500 list.
System Capital Management or SCM (Ukrainian: Систем Кепітал Менеджмент) is a major Ukrainian financial and industrial holding company which was established in Donetsk in the east of the country. Since 2014, the company has been headquartered in Kyiv.
The company was founded as Dexia Asset Management, a branch of Dexia S.A, in 1996.Following its acquisition by New York Life Investments in February 2014, the company changed its name to Candriam, which supposedly stands for "Conviction AND Responsibility In Asset Management", representing two of the company's core values.
Seymour "Sy" Sternberg (born June 24, 1943) is chairman and former CEO of New York Life Insurance Company.He retired as CEO on June 30, 2008. He also sits on the board of directors for the United States Chamber of Commerce, [1] Northeastern University, [2] CIT Group, [3] the New York City Leadership Academy, [4] and Express Scripts Holdings. [5]
The Mutual Life Insurance Company of New York (also known as Mutual of New York or MONY) was the oldest continuous writer of insurance policies in the United States. Incorporated in 1842, it was headquartered at 1740 Broadway , before becoming a wholly owned subsidiary of AXA Financial, Inc. in 2004.
It was reorganized on December 28, 1899 as a legal reserve mutual company. Security Mutual Life Insurance Company changed its name to Security Mutual Life Insurance Company of New York in 1960. The Company is a mutual life insurance company owned by its policyholders, and operates primarily in the Northeast United States. [2]
In September 2003, AXA Financial, Inc. announced a takeover offer of $1.5 billion for MONY Group of New York, [3] [4] which Roth supported but some of its largest shareholder's, including Highfields Capital Management, Third Avenue Management, Southeastern Asset Management and Advisory Research, immediately objected to as being too low. [5]