New York Life Insurance Company is one of the oldest insurance companies and also the most important mutual life insurance company in the United States. With a history dating back to the middle of the 19th century, the company remains an oddity due to its choice to not seek capitalization through the stock exchange. This policy however has given this company an unprecedented amount of trust from its policyholders and is probably one of the reasons for which this company is a constant presence in the Fortune 500 list and also a clear winner from the perspective of the rating agencies such as Standard and; Poors.

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