Only one company in the United States has simultaneously earned the highest credit rating possible from each of the four credit rating agencies, and that is the New York Life Insurance Company. The division of the company that sells immediate and deferred annuities is the New York Life Insurance and Annuity Company, and it offers annuity products for individual investors and for employer-sponsored defined contribution plans.
Several other United States life insurance companies have repeatedly demonstrated the ability to meet their financial obligations during all types of economies—both good and bad economic times. These four companies show the least amount of risk for defaulting on their debt: Metropolitan Life (MetLife), Prudential, TIAA-CREF and Massachusetts Mutual Life Insurance Company. Like New York Life Insurance, they have all also received the highest ratings from A.M. Best, Fitch, Moody’s and Standard and Poor’s, though not simultaneously from all four agencies.