Talk:New York Life Insurance Company/Archive 2

Archive 1

Archive 2

Proposing new material re: asset management

Hi again, I'm back with more suggestions for the Operations section. This time, I'm looking to add some information about New York Life's asset management business, since there's nothing about this in the current article. Specifically, I'm looking to add a short summary of its asset management operations, including:

• NYL's asset management business serves clients worldwide, including both institutions and individuals
• The company's asset management arm ranks No. 26 by total worldwide institutional assets under management
• The company manages money through independent investment boutiques

My proposed draft below includes a list of NYL's investment boutiques written in paragraph form. If editors feel that if it makes more sense to include the boutiques as a bulleted list, that would be absolutely fine with me.

Proposed draft re: asset management for Operations

New York Life's global asset management business serves both institutional and retail clients. New York Life Investments ranks No. 26 by total worldwide institutional assets under management, according to Pensions & Investments' Largest Money Managers Survey 2017.

The group manages money through independent investment boutiques. These boutiques include:

• Ausbil, an Australian investment boutique specializing in equities
• Candriam Investors Group, which focuses on high yield, absolute return, emerging debt, sustainable investments and asset allocation strategies
• Credit Value Partners, which specializes in opportunistic, distressed debt and high-yield corporate credit
• GoldPoint Partners, a private equity firm
• IndexIQ, which specializes in exchange-traded funds and alternative investment strategies
• MacKay Shields, an asset management firm that focuses on income generation and offers capital growth through mutual and hedge funds
• Madison Capital Funding, which provides financing to private equity firms
• Private Advisors, an asset manager specializing in hedge funds and private equity funds

Markup for proposed details

New York Life's global asset management business serves both institutional and retail clients.<ref name=Ackermann00>{{cite news |title=N.Y. Life Relaunches Asset Unit |author=Matt Ackermann |url=https://www.americanbanker.com/news/ny-life-relaunches-asset-unit |work=[[American Banker]] |date=October 26, 2000 |accessdate=May 11, 2017}}</ref> New York Life Investments ranks No. 26 by total worldwide institutional assets under management, according to ''Pensions & Investments''' Largest Money Managers Survey 2017.<ref name="P&I17">{{cite news |title=The largest money managers |url=http://www.pionline.com/specialreports/money-managers/20170529 |newspaper=Pensions & Investments |date=29 May 2017 |registration=Yes |quote=26: New York Life Investments: $373,225 [in millions] |accessdate=27 June 2017}}</ref>

The group manages money through independent investment boutiques.<ref name="NYLIM">{{cite web |url=https://www.nylinvestments.com/investmentsgroup/products |title=Investments group |publisher=[[New York Life Insurance Company]] |accessdate=31 May 2017}}</ref> These boutiques include:
*Ausbil, an Australian investment boutique specializing in equities<ref name="Thompson17">{{cite news |title=Ausbil MicroCap Fund makes key appointments |last1=Thompson |first1=Sarah |last2=Macdonald |first2=Anthony |last3=Moullakis |first3=Joyce |url=http://www.afr.com/street-talk/ausbil-microcap-fund-makes-key-appointments-20170621-gww26a |newspaper=Australian Financial Review |date=22 June 2017 |registration=Yes |quote=Ausbil Investment Management has hired Mason Willoughby-Thomas as a portfolio manager and Arden Jennings as an equities analyst at its MicroCap fund |accessdate=27 June 2017}}</ref><ref name="Moullakis13">{{cite news |title=Fund manager Ausbil Dexia will embrace New York Life |last1=Moullakis |first1=Joyce |url=http://www.afr.com/it-pro/ausbil-dexia-readies-for-new-york-life-partnership-20131023-j5x0i |newspaper=Australian Financial Review |date=24 October 2013 |registration=Yes |quote=Fund manager Ausbil Dexia will embrace New York Life Insurance Co, the largest US life-insurer owned by policyholders, as its new equity partner, likely leading to a bolstering of funds under management and a rebranding within months. New York Life’s investment unit has agreed to acquire Dexia Asset Management unit for €380 million ($542 million), and hopes to close the transaction about December 31. Dexia has about $US100 billion in funds under management and owns 70 per cent of Sydney-based Ausbil Dexia. |accessdate=17 May 2018}}</ref>
*Candriam Investors Group, which focuses on high yield, absolute return, emerging debt, sustainable investments and asset allocation strategies<ref name="Rolland17">{{cite news |title=Candriam bien parti pour atteindre 150 milliards d'euros d'actifs dans cinq ans |last1=Rolland |first1=Sophie |url=https://www.lesechos.fr/finance-marches/gestion-actifs/0211867936794-candriam-bien-parti-pour-atteindre-150-milliards-deuros-dactifs-dans-cinq-ans-2071746.php |newspaper=Les Echos |date=13 March 2017 |accessdate=27 June 2017}}</ref><ref name="GlobalInvestorGroup17">{{cite web |url=https://globalinvestorgroup.com/Articles/3651315/Candriam-Investors-opens-New-York-office |title=Candriam Investors opens New York office |date=9 January 2017 |publisher=Global Investor Group |accessdate=27 June 2017}}</ref><ref name="Caon15">{{cite news |title=Candriam looks to seize the retail space |last1=Caon |first1=Viola |last2=Paredes-Vanheule |first2=Adrien |url=http://www.investmenteurope.net/regions/benelux/candriam-looks-to-seize-the-retail-space/ |newspaper=Investment Europe |date=5 June 2015 |accessdate=27 June 2017}}</ref>
*Credit Value Partners, which specializes in opportunistic, distressed debt and high-yield corporate credit<ref name="Comtois17">{{cite news |title=New York Life Investments takes majority stake in Credit Value Partners |last1=Comtois |first1=James |url=http://www.pionline.com/article/20170104/ONLINE/170109958/new-york-life-investments-takes-majority-stake-in-credit-value-partners |newspaper=Pensions & Investments |date=4 January 2017 |registration=Yes |quote=New York Life Investments has agreed to acquire a majority stake in Credit Value Partners, a boutique investment firm specializing in opportunistic and distressed debt and high-yield corporate credit, spokesman Kevin Maher said. |accessdate=27 June 2017}}</ref>
*GoldPoint Partners, a private equity firm<ref name="Griffith17">{{cite news |title=Term sheet — Thursday, May 11 |last1=Griffith |first1=Erin |url=http://fortune.com/2017/05/11/term-sheet-thursday-may-11/ |newspaper=[[Fortune (magazine)|Fortune]] |date=11 May 2017 |accessdate=27 June 2017}}</ref><ref name=Leach17>{{cite web |url=https://www.themiddlemarket.com/news/goldpoint-reaffirms-middle-market-mezzanine-financing-with-fourth-fund |title=GoldPoint reaffirms middle-market mezzanine financing with fourth fund |author=Kamaron Leach |date=11 May 2017 |publisher=Mergers & Acquisitions |registration=Yes |quote=GoldPoint, the private equity affiliate of New York Life Investments, currently manages $11.8 billion in private equity assets. |accessdate=1 August 2017}}</ref>
*IndexIQ, which specializes in exchange-traded funds and alternative investment strategies<ref name="Lau14">{{cite news |title=New York Life to enter ETF market with acquisition of IndexIQ |last1=Lau |first1=Ashley |url=http://www.reuters.com/article/us-indexiq-m-a-new-york-life-idUSKCN0JI1QR20141204 |newspaper=[[Reuters]] |date=4 December 2014 |accessdate=27 June 2017}}</ref><ref name="Shidler17">{{cite web |url=https://riabiz.com/a/2017/4/3/why-proshares-yanked-etfs-from-schwabs-no-commission-onesource-etf-exchange |title=Why ProShares yanked ETFs from Schwab's no-commission OneSource ETF exchange |author=Lisa Shidler |date=3 April 2017 |publisher=RIABiz |accessdate=27 June 2017}}</ref>
*MacKay Shields, an asset management firm that focuses on income generation and offers capital growth through mutual and hedge funds<ref name="Maverick16">{{cite web |url=http://www.investopedia.com/articles/investing/031816/mackay-shields-investment-manager-highlight-awf.asp |title=MacKay Shields: Investment Manager Highlight |author=J.B. Maverick |date=18 March 2016 |publisher=Investopedia |accessdate=27 June 2017}}</ref>
*Madison Capital Funding, which provides financing to private equity firms<ref name="Beltran17">{{cite news |title=Madison Capital Funding’s Klimmeck, Marks to exit at end of 2017 |url=https://www.pehub.com/buyouts/klimmeck-marks-to-exit-madison-capital-funding-at-end-of-2017/ |last1=Beltran |first1=Luisa |newspaper=Buyouts |date=10 January 2017 |registration=Yes |quote=Chicago-based Madison Capital provides financing for PE firms. It operates as a unit of New York Life Insurance Co and had $8.2 billion in assets under management as of Sept. 30. |accessdate=27 June 2017}}</ref>

*Private Advisors, an asset manager specializing in hedge funds and private equity funds<ref name="Delevingne16">{{cite news |title=Private advisors shakes up hedge fund investments, staff |last1=Delevingne |first1=Lawrence |url=http://www.reuters.com/article/privateadvisors-hedgefunds-idUSL1N19D2CG |newspaper=[[Reuters]] |date=22 June 2016 |accessdate=27 June 2017}}</ref>

References
References

As I've noted before I do have a financial COI, as I'm here on behalf of NYL as part of my work at Beutler Ink and will therefore not make any edits to the live article. It's my hope that an uninvolved editor (or editors) can review my proposed updates and make edits as appropriate. @Galatz: Would you be willing to take a look at these suggested additions, too? Thanks in advance! 16912 Rhiannon (Talk · COI) 21:52, 2 May 2018 (UTC)

@Cmargins414: Given your recent edit to the article and other constructive edits in the past, I'm wondering if you would be interested in reviewing this request? Thanks in advance! 16912 Rhiannon (Talk · COI) 21:50, 8 May 2018 (UTC)

@16912 Rhiannon: Thanks for pinging me, starting to take a look at this now. Happy to provide advice when I have some time.Cmargins414 (talk) 18:34, 11 May 2018 (UTC)

Thanks, Cmargins414! Let me know if you have any feedback or questions when you're able to take a look. If you're not able to get to this soon, no worries and I can reach out to others folks too. 16912 Rhiannon (Talk · COI) 16:12, 14 May 2018 (UTC)

Looks OK except for a few things. Ausbil is misspelled, and few of the subscription/registration sites are marked as such in the citations. Also, I think bullets work better in this particular case - there are too many items for straight prose. If you make those changes I'll add the info for you. TimTempleton ^{(talk) (cont)} 03:41, 17 May 2018 (UTC)

@Timtempleton: Thanks for reviewing this request! Based on your feedback, I fixed the Ausbil typo (thanks for catching that!), marked which references require a subscription/registration and included quotations from the articles within the citations, and turned the prose into a bulleted list as you suggested. I also removed two of the sources, which were behind paywalls, that were extra support for included details but not strictly needed. Thanks for your help and feedback so far. Let me know if you have any other questions or edits. 16912 Rhiannon (Talk · COI) 11:14, 18 May 2018 (UTC)

 Done I also restored the links you had in the earlier version. TimTempleton ^{(talk) (cont)} 23:20, 18 May 2018 (UTC)

@Timtempleton: Thanks so much for reviewing this request and making the edits! 16912 Rhiannon (Talk · COI) 16:23, 23 May 2018 (UTC)

Proposing new material re: New York Life Foundation

Hi again, I'm back with a proposal to add a new section for Corporate responsibility. For this material, I want to keep this simple as to avoid it from becoming promotional. However, New York Life's foundation and its work in the areas of childhood bereavement and issues regarding the African-American community have appeared in The New York Times, The Wall Street Journal, Crain's and Philanthropy News Digest, among others and I believe it is noteworthy to include in this article. My draft below briefly summarizes the New York Life Foundation's focus on these areas.

Proposed Corporate responsibility

Corporate responsibility

New York Life Foundation is the insurance company's philanthropic arm. Its areas of focus include childhood bereavement. New York Life Foundation first became involved in childhood bereavement programs when it supported the Comfort Zone Camp in 2007. Its partners and programs include the National Alliance of Grieving Children, Grief Reach, Coalition to Support Grieving Students, Camp Erin/Moyer Foundation, Tragedy Assistance Program for Survivors and Boys and Girls Clubs of America. It sponsored the HBO documentary One Last Hug.

The company also emphasizes giving to various cultural communities, including the African-American community. The company also funded a $10 million endowment to the Colin Powell Center for Policy Studies at the City College of New York called the New York Life Endowment for Emerging African-American Issues in 2006.

Markup

==Corporate responsibility==
New York Life Foundation is the insurance company's philanthropic arm. Its areas of focus include childhood [[bereavement]].<ref name="Zaslow10">{{cite news |title=Families With a Missing Piece |last1=Zaslow |first1=Jeffrey |url=https://www.wsj.com/articles/SB10001424052748704875604575280400596257236 |newspaper=[[The Wall Street Journal]] |date=2 June 2010 |accessdate=24 May 2018}}</ref><ref name=Uchida15>{{cite web |url=http://philanthropynewsdigest.org/5-questions-for/heather-nesle-president-new-york-life-foundation |title=Heather Nesle, president, New York Life Foundation |author=Kyoko Uchida |date=18 November 2015 |publisher=Philanthropy News Digest |accessdate=31 May 2017}}</ref> New York Life Foundation first became involved in childhood bereavement programs when it supported the Comfort Zone Camp in 2007.<ref name=Uchida15/> Its partners and programs include the National Alliance of Grieving Children, Grief Reach, Coalition to Support Grieving Students, Camp Erin/Moyer Foundation, Tragedy Assistance Program for Survivors and [[Boys and Girls Clubs of America]].<ref name=Uchida15/> It sponsored the [[HBO]] documentary ''One Last Hug''.<ref name=Uchida15/>

The company also emphasizes giving to various cultural communities, including the African-American community.<ref name=Swarns16>{{cite news |title=Insurance Policies on Slaves: New York Life’s Complicated Past |author=Rachel Swarns |url=https://www.nytimes.com/2016/12/18/us/insurance-policies-on-slaves-new-york-lifes-complicated-past.html?_r=0 |work=[[New York Times]] |date=December 18, 2016 |accessdate=May 26, 2017}}</ref> The company also funded a $10 million endowment to the [[Colin L. Powell Center for Leadership and Service|Colin Powell Center for Policy Studies]] at the [[City College of New York]] called the New York Life Endowment for Emerging African-American Issues in 2006.<ref name=Swarns16/><ref name=Marshall06>{{cite web |url=http://www.crainsnewyork.com/article/20061205/FREE/61205009/new-york-life-gives-10m-to-city-college |title=New York Life gives $10M to City College |author=Samantha Marshall |date=5 December 2006 |publisher=[[Crain Communications]] |accessdate=31 May 2017}}</ref>

References
References

As I've noted before I do have a financial COI, as I'm here on behalf of NYL as part of my work at Beutler Ink and will therefore not make any edits to the live article. It's my hope that an uninvolved editor (or editors) can review my proposed updates and make edits as appropriate. @Galatz, Cmargins414, and Timtempleton: Would one of you be willing to take a look at these suggested additions, too? Thanks in advance! 16912 Rhiannon (Talk · COI) 14:30, 25 May 2018 (UTC)

I have read through this and was wondering if you have example on other similar pages that would have a similar section. I looked at several other companies and none had a section like this. Even entities like WWE and Major League Baseball that make this sort of work a huge focal point of the entity do not have them. Do you have examples of others that do? I do not personally see it as encyclopedia worthy of an inclusion but if you have examples where WP:OTHERSTUFFEXISTS I am not opposed to it. - Galatz^Talk 14:45, 25 May 2018 (UTC)

Of course! It's not ubiquitous across company articles but there are a lot that have some kind of charity / foundation / corporate responsibility section. Here's a few (I tried to pick a variety I've come across, but as you can see, it's lunchtime and clearly food is on my mind): Burger King (GA); UBS (GA); Bank of America; Clorox; McDonald's; Hormel; and Tom Hortons. More directly comparable to NYL, Aflac has a section on its corporate charitable efforts. 16912 Rhiannon (Talk · COI) 17:28, 25 May 2018 (UTC)

I added it but changed the header to Charitable efforts since I thought it was more logical. - Galatz^Talk 17:35, 25 May 2018 (UTC)

Thanks so much for your review, and that title sounds fine to me! Thanks again, 16912 Rhiannon (Talk · COI) 18:51, 25 May 2018 (UTC)

Apologies, Galatz, was just looking back at the article and realized there's a citation formatting issue. I'd shown the full citation for "ref name=Swarns16" in the draft above, so it was easier to review, but it can be replaced with just the short version <ref name=Swarns16/> in that section since the full citation is previously used in the article. That should resolve the error. Thanks! 16912 Rhiannon (Talk · COI) 18:57, 25 May 2018 (UTC)

Thank you, Galatz, for making that formatting fix. 16912 Rhiannon (Talk · COI) 12:58, 30 May 2018 (UTC)

Re-offering some material for History

Hi again, I'm back with a proposal for editors to reconsider some proposed content for the History section. There's a little background needed here. I proposed updates to History in January. The edit request was answered, but there were several details the reviewing editor chose not to include. For the most part, I'm very appreciative and comfortable with the content added to the article, but there are a few omissions from my draft that I feel removed important context or noteworthy content, which I would ask other editors to review and consider.

1. Sentence re: life insurance for slaves

Prior to my History section proposal in January, the article included the following unreferenced sentence:

• "As with other early insurance companies in the U.S., in its early years (1846–1848), at the behest of its Southern agents, the company insured the lives of slaves for their owners"

My proposal kept the sentence exactly, but I added this story from The New York Times (already cited in the article as <ref name=Swarns16/>) as a reference. The reviewing editor edited the sentence to read:

• In its early years (1846–1848) the company insured the lives of slaves for their owners.

In addition to confirming the years in which the company provided these policies, The New York Times story includes the context to show that this was not a situation unique to New York Life. Right now, the History lacks that context and a reader could be forgiven for thinking that NYL was the only company that insured slaves' lives.

Can editors consider rephrasing this sentence as the way it was originally proposed? Ie. adding back the details in green:

• As with other early insurance companies in the U.S., in its early years (1846–1848), at the behest of its Southern agents, the company insured the lives of slaves for their owners.

2. Including mention of NY Life history books' discussion of slave insurance

Also in my draft, I'd offered a sentence noting that the company had included information about the slave life insurance policies in its own history books. I wanted to revisit this to see if there's any way to incorporate a mention that editors might be more comfortable with?

Here's what I'd originally proposed:

• The company has been open about the sales and these details have been included in books by the company as far back as 1895, including its Semi-Centennial History of the New-York Life Insurance Company.

Perhaps a more simple mention such as the following might work:

• Details about these policies are included the company's books Semi-Centennial History of the New-York Life Insurance Company from 1895 and History of the New York Life Insurance Company, 1895-1905 from 1906.

What do editors think?

3. First company to insure people with disabilities

Finally, in my original request I'd included a sentence about NYL being the first company to insure people with disabilities, which the reviewing editor declined to include, on the basis that the sourcing wasn't very strong. I feel this is an noteworthy detail for an insurance company, so I ask other editors to consider it for inclusion. Since I originally proposed it, I've found another source to help support the detail:

• In 1896, New York Life became the first company to insure people with disabilities.

References
References

As I've noted before I do have a financial COI, as I'm here on behalf of NYL as part of my work at Beutler Ink and will therefore not make any edits to the live article. It's my hope that an uninvolved editor (or editors) can review my proposed updates and make edits as appropriate. Again, I'm pinging others who have recently reviewed requests. @Galatz, Cmargins414, and Timtempleton: Would one of you be willing to take a look at these suggested additions, too? Thanks in advance! 16912 Rhiannon (Talk · COI) 16:11, 8 June 2018 (UTC)

I made some changes, but not all. I'm not seeing substantiation for the statement that the policies were added at the request of the southern agents - that's bordering on WP:OR. I named the other companies listed in the NY Times article, instead of just generically saying "other early insurance companies". I don't think the fact that the company mentioned the slavery in their books is necessary; nothing is claiming that they were trying to hide this fact, so no rebuttal necessary. I added the info about being the first to insure handicapped people, but there was other meat there too - first to insure dangerous occupations, and first to insure women for the same price as men, including Susan B. Anthony. You buried the lede! Also, I pulled out the nexus source that I can't access - it was unnecessary WP:OVERCITE anyway.TimTempleton ^{(talk) (cont)} 00:41, 12 June 2018 (UTC)

Thank you, TimTempleton. I appreciate the careful considered review and the changes that you made, including the addition re: first to insure women for the same price as men. I'm face-palming myself for not asking for that in the first place, I must have been trying to limit to what I felt was the most clear and noteworthy addition from the source. Anyway, I understand your other points and consider this request complete. Thanks again. 16912 Rhiannon (Talk · COI) 19:01, 12 June 2018 (UTC)

Proposing new material on ratings and rankings

Hi again, I have drafted a new section to include a few of New York Life Insurance Company's most high profile ratings and rankings. My draft below briefly summarizes New York Life's Fortune and Forbes rankings, in addition to recognition for company culture. I kept this section short, aiming to provide a brief summary of recent recognition without being promotional. While the Fortune and Forbes rankings and recognition don't have secondary sourcing, these are pieces of recognition that are typically included for companies, so I wanted to offer them for editors to consider including.

Proposed Ratings and rankings

Ratings and rankings

As of June 2018, New York Life ranks No. 69 on the Fortune 500. Fortune also named New York Life to its Most Admired Companies list for the life insurance industry group in 2017. Forbes ranked New York Life as one of America’s Best Large Employers in 2017.

New York Life has been recognized for its company culture. These include the National Association for Female Executives' Top 60 Companies for Executive Women list in 2017, and the Anita Borg Institute's 2016 Top Companies for Women Technologists Leadership Index. Also, New York Life earned a score of 100 on the Human Rights Campaign Foundation's Corporate Equality Index in 2017. New York Life was recognized in 2017 by the National Business Inclusion Consortium for diversity and inclusion.

Markup

==Ratings and rankings==
As of June 2018, New York Life ranks No. 69 on the [[Fortune 500]].<ref name=Fortune500>{{cite web |url=http://fortune.com/fortune500/new-york-life-insurance/ |title=Fortune 500 |publisher=[[Fortune (magazine)|Fortune]] |accessdate=14 June 2018}}</ref> ''[[Fortune (magazine)|Fortune]]'' also named New York Life to its Most Admired Companies list for the life insurance industry group in 2017.<ref name=FortuneMAC>{{cite web |url=http://fortune.com/worlds-most-admired-companies/new-york-life-insurance |title=New York Life Insurance |date=2017 |publisher=[[Fortune (magazine)|Fortune]] |accessdate=31 May 2017}}</ref> ''Forbes'' ranked New York Life as one of America’s Best Large Employers in 2017.<ref name="Forbes-Best">{{cite web |url=https://www.forbes.com/companies/new-york-life/ |title=America's Best Employers |date=2017 |publisher=[[Forbes]] |accessdate=1 August 2017}}</ref>

New York Life has been recognized for its company culture. These include the [[National Association for Female Executives]]' Top 60 Companies for Executive Women list in 2017,<ref name="Vasel17">{{cite news |title=Best companies for women execs in 2017 |last1=Vasel |first1=Kathryn |last2=Yellin |first2=Tal |url=http://money.cnn.com/interactive/pf/top-companies-for-women-execs-2017/index.html |newspaper=[[CNNMoney]] |date=2 March 2017 |accessdate=15 February 2018}}</ref> and the [[Anita Borg Institute]]'s 2016 Top Companies for Women Technologists Leadership Index.<ref name=Ioannou16>{{cite news |title=The best companies to work for if you're a woman in tech |last1=Ioannou |first1=Lori |url=http://www.cnbc.com/2016/10/19/the-best-companies-to-work-for-if-youre-a-woman-in-tech.html |newspaper=[[CNBC]] |date=19 October 2016 |accessdate=31 May 2017}}</ref> Also, New York Life earned a score of 100 on the [[Human Rights Campaign Foundation]]'s [[Corporate Equality Index]] in 2017.<ref name=CEI17>{{cite web |url=http://assets.hrc.org//files/assets/resources/CEI-2017-Final.pdf?_ga=2.140856178.1522179506.1496243938-417373390.1496243938 |title=Corporate Equality Index 2017|page=46 |date=2017 |publisher=[[Human Rights Campaign Foundation]] |accessdate=31 May 2017}}</ref> New York Life was recognized in 2017 by the National Business Inclusion Consortium for diversity and inclusion.<ref name="Pramuk16">{{cite news |title=JPMorgan Chase named top US company for diversity |last1=Pramuk |first1=Jacob |url=http://www.cnbc.com/2016/04/25/jpmorgan-chase-named-top-us-company-for-diversity.html |newspaper=[[CNBC]] |date=26 April 2016 |accessdate=1 August 2017}}</ref>

References
References

As I've noted before I do have a financial COI, as I'm here on behalf of NYL as part of my work at Beutler Ink and will therefore not make any edits to the live article. It's my hope that an uninvolved editor (or editors) can review my proposed updates and make edits as appropriate. @Galatz, Cmargins414, and Timtempleton: Would one of you be willing to take a look at these suggested additions, too? Thanks in advance! 16912 Rhiannon (Talk · COI) 15:48, 15 June 2018 (UTC)

@Galatz, Cmargins414, and Timtempleton: Checking in to see if one you is willing to take a look at these suggested additions? If not, or you are too busy with other things, I can certainly look elsewhere. I wanted to give you an opportunity since you all have replied to previous requests of mine. Thanks in advance! 16912 Rhiannon (Talk · COI) 19:05, 25 June 2018 (UTC)

I added just the first three (Fortune and Forbes). I'm seeing lesser known subjective (i.e. not revenue, headcount or other objective metric) ratings and rankings getting deleted by deletionists, so I just picked the most noteworthy ones. I also fixed the Fortune500 ref tag code since the source was already there. TimTempleton ^{(talk) (cont)} 05:42, 27 June 2018 (UTC)

Thanks so much for the review and making the update, TimTempleton, much appreciated! I understand if you prefer to keep the ratings included just to those that are most well known. (Also, sorry about the delay to get back to you!) 16912 Rhiannon (Talk · COI) 18:57, 6 July 2018 (UTC)

Proposal to move buildings to See also

Hi again, I am closing in on the end of my proposed updates for this article. Before I offer a cleaned up article introduction, I would like to see how editors feel about removing the as-yet-unsourced New York Life Insurance buildings subsection of Operations. Because this list is completely unsourced and a bare list with no context, it feels out of place in the middle of the article. I wonder if it makes sense to move the list of buildings with their own Wikipedia pages to a See also section, and delete the rest?

As I've noted before I do have a financial COI, as I'm here on behalf of NYL as part of my work at Beutler Ink and will therefore not make any edits to the live article. It's my hope that an uninvolved editor (or editors) can review my proposed updates and make edits as appropriate.

@Galatz, Cmargins414, and Timtempleton: Would one of you be willing to consider moving notable buildings to a See also section? Thanks in advance! 16912 Rhiannon (Talk · COI) 19:00, 6 July 2018 (UTC)

I dont like the idea of all of them in a see also section, however if you want to create a navbox for New York Life, with links to the buildings and other relevant info that you can see at Category:New York Life Insurance Company I would be happy to add it to all the pages - Galatz גאליץ^{שיחה Talk} 01:29, 9 July 2018 (UTC)

A navbox is great idea, Galatz! Happy to put one of those together and share a note back here when it's ready. I'll do some looking around to make sure that I capture all relevant pages. For the buildings, any other thoughts on how we might appropriately organize the list within the article body if it's not ideal to move to See also? Listing under Operations doesn't quite seem like the right fit to me; perhaps it would work as a standalone section or subsection under History? Curious for your thoughts! 16912 Rhiannon (Talk · COI) 01:04, 10 July 2018 (UTC)

IMO they don't need to be in the article itself. Per WP:SEEALSO the navbox would replace the need for it in see also - Galatz גאליץ^{שיחה Talk} 03:02, 10 July 2018 (UTC)

Aha, thanks for clarifying that, Galatz. I've put together a draft navbox in my user space here: User:16912_Rhiannon/Template:New_York_Life_Insurance_Company

Would you be willing to review and move it live if it looks ok? Let me know if anything else should be included here. I focused just on the buildings and people for now to keep it simple, thinking that the template can be added to by others later if needed. Let me know what you think. Thanks again, 16912 Rhiannon (Talk · COI) 18:08, 11 July 2018 (UTC)

Since all the buildings had basically the same name with cities, I condensed it down to just show the city names to make it cleaner. Being as the litigation case was the only one that wasn't included I added that as well. For now I have also hid the categories since its still in your user space. Thoughts? - Galatz גאליץ^{שיחה Talk} 18:58, 11 July 2018 (UTC)

Thanks! Those changes look good to me. Makes sense re: buildings to show the location only to keep it cleaner and easier to read. No questions here, Galatz, and happy for you to move live if you're willing. 16912 Rhiannon (Talk · COI) 19:16, 11 July 2018 (UTC)

I have moved it live and added it to the articles included in the navbox - Galatz גאליץ^{שיחה Talk} 19:34, 11 July 2018 (UTC)

Thank you so much, Galatz! The navbox looks great. 16912 Rhiannon (Talk · COI) 17:29, 12 July 2018 (UTC)

Proposing update to introduction

Hi again! Thanks to everyone for reviewing my previous requests. Now that the bulk of this entry has been addressed, I'd like to suggest a simple refresh of the introduction to provide up-to-date details and a broad overview of the company based on the information found within the body. Here are the changes I'm suggesting in my draft:

• Deleted the abbreviation "NYLIC", as this is not used throughout the article
• Replaced "third-largest life insurance company in the United States" with "largest mutual life-insurance company in the United States", along with a citation to The Plain Dealer to verify the claim
• Updated the Fortune 500 ranking
• Replaced sentences on New York Life's assets under management, ratings by Standard & Poor's, AM Best, Moody's, and Fitch, and other New York Life affiliates with details that offer a brief overview of the company's business operations

Proposed introduction

New York Life Insurance Company is the largest mutual life-insurance company in the United States and one of the largest life insurers in the world, ranking No. 69 on the Fortune 500 list as of 2018. The company provides life insurance, retirement, and long-term care financial products in the United States, and also has insurance operations in Mexico. Additionally, the company offers institutional and retail investment products globally. As of 2017, New York Life has 11,320 employees. The company is headquartered in New York, New York, at 51 Madison Avenue in the New York Life Building, a U.S. national historic landmark.

Markup

'''New York Life Insurance Company''' is the largest [[mutual insurance|mutual]] [[life insurance|life-insurance]] company in the [[United States]]<ref name="Jarboe16">{{cite news |title=New York Life leases 3 floors at 200 Public Square, will bring hundreds of jobs to downtown Cleveland |last1=Jarboe |first1=Michelle |url=http://www.cleveland.com/business/index.ssf/2016/04/new_york_life_will_move_xxx_jo.html |newspaper=[[The Plain Dealer]] |date=16 April 2016 |accessdate=15 February 2018}}</ref> and one of the largest life insurers in the world, ranking No. 69 on the [[Fortune 500]] list as of 2018. The company provides life insurance, retirement, and long-term care financial products in the United States, and also has insurance operations in Mexico. Additionally, the company offers institutional and retail investment products globally. As of 2017, New York Life has 11,320 employees. The company is headquartered in [[New York City|New York]], [[New York (state)|New York]], at 51 [[Madison Avenue]] in the [[New York Life Building]], a U.S. [[national historic landmark]].

References
References

As I've noted before I do have a financial COI, as I'm here on behalf of NYL as part of my work at Beutler Ink and will therefore not make any edits to the live article. It's my hope that an uninvolved editor (or editors) can review my proposed updates and make edits as appropriate.

@Galatz, Cmargins414, and Timtempleton: Would one of you be able to take a look at this final request? Thanks in advance! 16912 Rhiannon (Talk · COI) 15:48, 16 July 2018 (UTC)

I left NYLIC because it was used at least one other time, and probably makes sense to use throughout rather than the full name. I included both the 3rd largest life and largest mutual because I felt they are both important and measure different things. I updated the ranking along with a ref. I also removed the claim that they are one of the largest in the world, because this is hard to substantiate and didnt say based on one criteria or provide a ref. The number of employees is in the infobox, I never see a need to repeat it, although I know others do. I've also left the part about the rating agencies sine I think its important. Anyone who disagrees is welcome to make any of the other changes, but this is all I feel comfortable with. - Galatz גאליץ^{שיחה Talk} 17:45, 16 July 2018 (UTC)

That all makes sense to me, Galatz and I very much appreciate your review and making these edits. Thanks again! 16912 Rhiannon (Talk · COI) 18:36, 19 July 2018 (UTC)

Proposing a few small updates to article

Hi again! I'm back in hopes of updating outdated information in this article. A reminder that I do have a financial conflict of interest, as I'm here on behalf of NYL as part of my work at Beutler Ink and will therefore not make any edits to the live article. It's my hope that an uninvolved editor (or editors) can review my proposed updates and make edits as appropriate. These requests are quite straightforward, and I'm happy to discuss further if needed.

I'd like to suggest the following updates:

1. Infobox updates

• Update Operating income to $2.316 billion (2018)
• Update Assets under management to $572.285 billion (2018)
• Update employees in number of employees to 11,388 (2019)
• Is it possible to update the founded parameter to use Template:Start date and age? E.g. | founded = {{Start date and age|1845}}

2. Introduction update

• Update "NYLIC has about $570 billion in total assets under management, and more than $25 billion in surplus and AVR" to "NYLIC has about $572.2 billion in total assets under management, and more than $24.8 billion in surplus and AVR"
• Update Fortune 500 ranking to No. 71
• If possible, can editors consider changing "In 2007, NYLIC achieved the best possible ratings by the four independent rating companies (Standard & Poor's, AM Best, Moody's and Fitch)" to say "As of 2019, NYLIC maintained the best possible ratings by the four independent rating companies (Standard & Poor's, AM Best, Moody's and Fitch)."?

The existing wording suggests that this was only the case in 2007, whereas NYLIC continues to receive top ratings. I understand that using the New York Life website is not ideal. The source I've shared includes links to each of the ratings agencies' own reports. That said, I understand if this source cannot be used to update the existing material.

3. Ratings and rankings update

• Update Fortune 500 ranking to No. 71

@Galatz: Would you be interested in reviewing these edits as you have with previous requests? Thanks in advance! 16912 Rhiannon (Talk · COI) 22:29, 20 December 2019 (UTC)

References

Realized that it's been quite a while since I posted here, so adding edit request to see if an editor watching that queue might be able to take a peek. Thanks in advance, 16912 Rhiannon (Talk · COI) 20:25, 20 March 2020 (UTC)

@16912 Rhiannon: The following are  Declined:

*Maintaining the best possible ratings by the four independent rating companies: I could not find the rating from Standard & Poor's, so that's Not done

*Surplus and AVR: No source provided, and I could not find one. Not done

*Operating income: I do think I could add this, for now, I'm turning it down. I would like it if you provided a source independent of NYLIC. Not done

{{replyto}} Can I Log In's (talk) page 23:31, 7 April 2020 (UTC)

Thank you so much for these updates, Can I Log In! Unfortunately, there's not any independent sources for New York Life's operating income, surplus, and AVR available right now. All of that can be verified page 1 of the 2018 Annual Report. As the current article uses annual reports for that information, I wonder if you could consider using the 2018 Annual Report for the latest figures or consider removing the previous year's figures?

For the ratings, I have not been able to find an independent source for that information either. In a previous discussion above, I had proposed removing that sentence because it was unsourced, but another editor thought it was important and decided to keep so I wanted to follow up to offer at least some citation. Standard & Poor's is included in this table on the New York Life website, which is not an ideal source, so I understand if it cannot be used.

Lastly, thank you for updating the Fortune 500 ranking in the introduction. Please can you also update it in Ratings and rankings (citing <ref>{{Cite web|url=https://fortune.com/fortune500/2019/new-york-life-insurance|title=New York Life Insurance|website=Fortune|language=en|access-date=2020-04-07}}</ref>, as in the introduction)?

Thanks for considering. 16912 Rhiannon (Talk · COI) 01:21, 9 April 2020 (UTC)

16912 Rhiannon, I'll leave this to someone else. I did the Ratings and rankings part of this request though. I noticed in the 2018 annual report in small text states For definitions of the company’s performance measures, please see the Glossary of Terms on page 24. Of course, there's no universal definition, but with me noticing that, it could violate #1 in WP:ABOUTSELF.

The Maintaining the best possible ratings by the four independent rating companies part. I don't think you read my response for declining this in the first place correctly. I verified 3 out of 4. The one I couldn't verify was Standards & Poor's. For this part of your request to be accepted, you would need to provide the source from Standards & Poor. Reply to be when you do this part of the request.

So for now, I'm going to recuse from this request since I've answered it already unless you want another decline. {{replyto}} Can I Log In's (talk) page 22:46, 15 April 2020 (UTC)

@Can I Log In: Thanks for updating the Fortune 500 ranking! I also appreciate your notes on the other items. I've closed the request for now and will revisit some of the remaining items as possible in future edit requests. 16912 Rhiannon (Talk · COI) 20:45, 17 April 2020 (UTC)

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