Teacher:In this task, you are given Wikipedia articles on a range of topics, we ask you to write a question based on the content of the articles that can be answered in a binary manner i.e. True or False.
Teacher: Now, understand the problem? Solve this instance: New York Life Insurance Company -- New York Life Insurance Company (NYLIC) is the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world, ranking #61 on the 2016 Fortune 500 list, with about $550 billion in total assets under management, and more than $21 billion in surplus and AVR. In 2007, NYLIC achieved the best possible ratings by the four independent rating companies (Standard & Poor's, AM Best, Moody's and Fitch). Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.
Student:
is new york life a mutual insurance company