American Equity Investment Life Holding Company

Overview

American Equity Investment Life Holding Company (American Equity) is an issuer of fixed annuity products. The company, through its subsidiaries, offers fixed index and fixed rate annuity products. American Equity also provides immediate annuities. The company markets and distributes its products through independent agents, banks, registered investment advisors, broker/dealers, and national marketing organizations. The company operates in the US and the District of Columbia. Its major subsidiaries include American Equity Investment Life Insurance Company, Eagle Life Insurance Company and American Equity Investment Life Insurance Company of New York. American Equity is headquartered at West Des Moines, Iowa, the US. The company reported Premiums and other considerations of US$39.4 million for the fiscal year ended December 2020 (FY2020), an increase of 67.3% over that in FY2019.
Key Stats
Address
6000 Westown Pkwy, WEST DES MOINES, Iowa
Headquarters

United States of America

Contact

1 515 2210002

No of Employees

655

Industry

Financial Services

Ticker Symbol & Exchange​

AEL [NYSE]

Revenue (2020)

$2,427 m

-30% (2020 vs 2019)
Net Income (2020)

$671 m

172.7% (2020 vs 2019)
Net Profit Margin

28 %

289.7% (2020 vs 2019)
Market Cap *

$2,841 m

EPS *

$6.9

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters American Equity Investment Life Holding Company
Key Information
Headquarters United States of America
Headquarter City WEST DES MOINES
Headquarter State/Province Iowa
No. of Employees 655
Entity Type Public

Products & Services

American Equity is a provider of fixed annuity products. Key products and services offered by the company include the following:

Products
  • Fixed Index Annuities
  • Single Premium Immediate Annuities
  • Multi-year Fixed Rate Annuities
  • Vitae Eget Libero
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Anant Bhalla Director; Chief Executive Officer; President Executive Board 2020 43 Mr. Anant Bhalla has been the Chief Executive Officer of the company since March 2020, President since January 2020 and...
John M. Matovina Chairman Non Executive Board 2017 - Mr. John M. Matovina has been the Chairman of the company since April 2017. Previously, he served as the Chief...
Jennifer Bryant Executive Vice President; Chief Human Resources Officer Senior Management 2017 - Ms. Jennifer Bryant has been an Executive Vice President of the company since June 2017 and is its Chief Human...
Ted M. Johnson Chief Financial Officer; Treasurer Senior Management 2012 51 Mr. Ted M. Johnson has been the Chief Financial Officer and Treasurer of the company since June 2012. Prior to...
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History

Year Event Description
2021 Contracts/Agreements In February, the company and Adams Street Partners entered into an agreement to form a…
2020 Others The company was affirmed with financial strength rating of “A-’’ for its stable outlook by…
2020 Contracts/Agreements In October, the company entered into a partnership with Brookfield Asset Management to establish Brookfield…
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2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


American Equity Investment Life Insurance Company

Address

6000 Westown Parkway, Suite 440, West Des Moines
United States of America

Telephone

1 515 2210002

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target