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Success Story of Max New York

Success Story of Max New York

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Published by Sachin Kumar Bassi

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Published by: Sachin Kumar Bassi on Apr 19, 2011
Copyright:Attribution Non-commercial


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MISS Prianka ChibberSachin kumar bassiLecturer (LIM) 614240830B B A (VI th)
New York Life
New York Life Insurance Company,(www.newyorklife.com)a Fortune 100 company founded in 1845, is the largestmutual life insurance company in the United States andone of the largest life insurers in the world. Headquarteredin New York City, New York Life’s family of companies offerlife insurance, annuities and long-term care insurance. NewYork Life Investment Management LLC providesinstitutional asset management and retirement planservices. Other New York Life affiliates provide an array of securities products and services, as well as institutionaland retail mutual funds.The mission of New York Life is to maintain its superior'financial strength', adhere to the highest standards of 'integrity' and demonstrate 'humanity' by treating itscustomers, agents and employees with compassion,consideration and respect.New York Life is one of the largest and strongest lifeinsurance companies in the world with more than USD$215billion assets under management and has received amongthe highest ratings for financial strength from the lifeinsurance industry's principal rating agencies: A.M. Best(AA+), Standard & Poor's (AA+), Moody's (Aa1), Fitch
(AAA). According to Moody's, "New York Life's ratingreflects the company's good quality investment portfolio,ample liquidity, and sound capitalization, as well as thegood growth potential of its international business.” 
As a leader in the insurance industry, New York Life continues to bring to itsoperations new management concepts, advanced technologies, new distribution andtraining systems and innovative insurance products.
Max India Ltd.
Founded in 1985,Max India Limitedis a Public Limitedcompany listed on the NSE and BSE of India with over26,000 shareholders. Today, Max India Limited is a multi-business corporate, driven by the spirit of Enterprise,focused on Knowledge, People and Service orientedbusinesses of:
Healthcare (Max Healthcare)
Life Insurance (Max New York Life Insurance)
Clinical Research (Neeman Medical International)
Industry Scenario
The progress made by the insurance industry in India sinceliberalization has been satisfactory especially since the last

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