American National Insurance Company

Company Description:

American National, established in 1905 by William Lewis Moody Jr., is a versatile insurance company providing a range of insurance products and services.

These offerings encompass life insurance, annuities, health insurance, property and casualty insurance, credit insurance, and pension plan services.

American National is also involved in the real estate sector through its subsidiary, ANREM, and has been responsible for the development of the expansive housing project, South Shore Harbour, located in League City, Texas.

In August 2021, Brookfield Asset Management acquired American National for $5.1 billion, marking a significant development in the company’s history.

This acquisition was successfully completed in May 2022.

American National - YouTube
Source; Youtube

Contact Information:

  • Main Telephone:  (409) 763-4661
  • Primary Address:  One Moody Plaza, Galveston, TX 77550, USA

Assets and Liabilities:

Assets: $23,751,532,459
Liabilities: $20,229,047,996
Capital and Surplus: $3,522,484,463
Assets to Liability Ratio: 117.41%

Ratings:

A.M. Best: 3rd out of 15 ratings
Standard & Poor’s: 6th out of 20 ratings
Fitch: 6th out of 21 ratings
Comdex: (percentile of rated companies)

Annuity Products Offered by American National Insurance Company:

Multi-Year Guarantee Annuities:
Palladium MYG Annuity 10
Palladium MYG Annuity 3
Palladium MYG Annuity 5
Palladium MYG Annuity 6
Palladium MYG Annuity 7
Palladium MYG Annuity 8
Palladium MYG Annuity 9

Traditional Fixed Annuities:
Century Plus
WealthQuest Citadel 5 Diamond
WealthQuest Citadel 7 Diamond

Fixed Indexed Annuities:
ANICO Strategy Indexed Annuity PLUS 10
ANICO Strategy Indexed Annuity PLUS 7

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