AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of aaa (Exceptional) of New York Life Insurance Company, New York Life Insurance and Annuity Corporation (NYLIAC), Life Insurance Company of North America (LINA) and New York Life Group Insurance Company of NY (NYLGICNY).
- AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of aaa (Exceptional) of New York Life Insurance Company, New York Life Insurance and Annuity Corporation (NYLIAC), Life Insurance Company of North America (LINA) and New York Life Group Insurance Company of NY (NYLGICNY).
- AM Best also has affirmed the Long-Term ICRs of aaa (Exceptional) of New York Life Global Funding and New York Life Funding.
- Lastly, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IRs) on the funding agreement-backed securities programs, the outstanding notes issued therein and the Long-Term IRs on the existing surplus notes of New York Life Insurance Company.
- For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .