New York Life Financial Overview
Brief Financial Synopsis and History
- Net Income growth of 23.3% from 2001.
- Total Revenues of $13.7 billion, with $531 million in domestic insurance sales.
- Adjusted operating income per share of common stock was $2.12 in 2002, up from $1.42 in 2001 and $1.92 in 2000.
- Income from continuing operations per share of common stock was $1.36 in 2002, up from $0.60 in 2001 and $0.41 in 2000.
Breakdown of operating earnings by lines of business in 2002:
| $(In Millions) | 2002 |
2001 |
| Life and Annuity | $625 |
$608 |
| Special Markets | $36 |
$39 |
| Investment Management | $96 |
$108 |
| International | $(13) |
$13 |
| Corporate | $104 |
$116 |
| Adjusted Operating Earnings | $848 |
$884 |
Texas license # 1270417