Annuity issuer New York Life to pay out record dividends

11/22/2013 | National Underwriter Life & Health

The mutual insurance company New York Life will pay a record $1.4 billion in dividends to its participating policyholders next year after posting record sales for all of its product lines. Through this year's third quarter, total annuity sales from all channels are up 36%, compared to the same period a year ago.

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National Underwriter Life & Health

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