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UPDATE 1-Brookfield reinsurance unit to buy American National for $5 bln - WSJ

Brookfield reinsurance unit to buy American National for $5.1 billion

Brookfield reinsurance unit to buy American National for $5.1 billion
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Best Annuity Companies

The Despite the fact the annuities can be traced back to Ancient Rome, they haven’t been given the same level of respect as other innovations from that time. I mean when was the last time you criticized the concept of aqueducts, bound books, newspapers, or highways? And, yet, for years people have proclaimed that annuities […]
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Insurer American National Group Exploring Options Including Possible Sale -Reuters


Insurer American National Group Exploring Options Including Possible Sale -Reuters
U.S. insurer American National Group Inc. is exploring options that could include a sale of the company, people familiar with the matter told Reuters on Tuesday.
The news sent shares of American National spiking to their highest level in more than two years, closing 16.1% higher at $142.28 to give the insurer a market value in excess of $3.8 billion.
Started in 1905 by William Lewis Moody Jr., American National is still majority-owned by the founder’s family, which controls the company through a range of trusts and holdings.
From American National website ....

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