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AM Best Places Credit Ratings of American National Insurance Company and Subsidiaries Under Review With Developing Implications

AM Best Places Credit Ratings of American National Insurance Company and Subsidiaries Under Review With Developing Implications
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Does Renters Insurance Cover Bed Bugs?

Does Renters Insurance Cover Bed Bugs?
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American National Announces First Quarter 2021 Results

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
American National Announces First Quarter 2021 Results
American National Group Inc.May 3, 2021 GMT
GALVESTON, Tx., May 03, 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 first quarter of 2021 of $170.2 million or $6.33 per diluted share, compared to a net loss of $220.4 million or $8.20 loss per diluted share for the same period in 2020. The increase in net income for the first quarter of 2021 was primarily attributable to an increase in the value of the Company’s equity security portfolio during the first quarter of 2021 which generated after-tax net gains of $75.8 million or $2.82 per diluted share, compared to a loss on equity securities of $262.7 million or $9.77 loss per diluted share for the same period in 2020. The af ....

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American National Declares Quarterly Dividend

American National Declares Quarterly Dividend
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American National Announces Fourth Quarter and Full Year 2020 Results

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. ....

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