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New York Life's operating earnings rise in 2017

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New York Life's operating earnings rise in 2017

New York Life Insurance Co. reported 2017 operating earnings of $2.06 billion, up from $1.95 billion in 2016.

Insurance sales grew year over year to $1.32 billion from $1.23 billion in 2016. Annuity sales also increased to $13.81 billion from $12.84 billion a year ago. Individual life insurance in force came in at $992.82 billion, up from $956.62 billion in 2016.