analysis this provides a discussion of the factors underpinning credit rating s and should be read in conjunction with our opinion most recent ratings other research specific united states company profile history corporate structure founded 1845 new york life insurance nylic collectively its subsidiaries or nyl is one oldest largest mutual companies operating wholly owned subsidiary annuity corporation nyliac are two principal that comprise group simplified organization chart appears appendix 1 as december 31 2005 reported consolidated gaap assets approximately 169 billion total equity to issuer provided on moodys com click here link robert p donohue 212 553 1653 weigang bo riegel contact phone august 2006 americas about 17 5 for revenue was net income 855 mil lion ownership