Who Is The Largest Life Insurance Company? 
I am happy to report that New York Life is America 's oldest and largest Mutual Life Insurance Company in America . Being a Mutual Life Insurer , means there are no stockholders to try to please . The Owners are the Policy Holders . This can mean substantial savings for Policy Holders of a Mutual Life Insurer like New York Life . Gary Lane , Registered Representative , New York Life . 949 797 2424 . 