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American National Declares Quarterly Dividend benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
American National Announces Fourth Quarter and Full Year 2020 Results American National Group Inc. Galveston, Texas, UNITED STATES GALVESTON, Texas, March 01, 2021 (GLOBE NEWSWIRE) American National Group, Inc. (NASDAQ: ANAT) (formerly American National Insurance Company) (1) and subsidiaries (collectively, the “Company”) announced net income for the fourth quarter of 2020 of $306.4 million or $11.40 per diluted share, compared to $171.1 million or $6.37 per diluted share for the same period in 2019. The increase in net income for the fourth quarter of 2020 was primarily attributable to an increase of $77.0 million or $2.86 per diluted share in after-tax net gains on equity securities, an increase of $20.2 million or $0.75 per diluted share in after-tax net realized investment earnings, and an increase of $20.4 million or $0.75 per diluted share in after-tax earnings from our property and casualty business. ....