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American National Group, Inc (ANG) is a multi-line insurance company. The company offers a range of health, life, annuity, business, pension risk transfer, auto, homeowner, renters, classic car, recreational, farm, and ranch insurance products. Its offerings include whole life insurance, indexed universal life insurance, universal life insurance, guaranteed universal life insurance, fixed deferred annuity, single premium immediate annuity, index deferred annuity, liability insurance, property coverage insurance, workers compensation, pension plan, commercial auto insurance, equine professionals insurance, country estate insurance, motorcycle insurance, RV insurance, classic car insurance, off-road vehicle insurance, boat & watercraft insurance, and credit protection for collateralized loans. The company distributes its products through various channels such as multiple-line exclusive agents, independent agents, brokers, financial institutions, career agents, and direct sales to the public. It operates through 50 states, Puerto Rico, and the District of Columbia. ANG is headquartered in Galveston, Texas, the US.
American National Group, Inc premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Whole Life Insurance | Property Financing | American National |
Universal Life Insurance | Mortgage Loan | |
Guaranteed Universal Life Insurance | Real Estate Services | |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Divestiture | In June, the company sold the MGU/medical stop-loss business to Core Specialty Insurance. |
2022 | Ownership Changes | In May, the company was acquired by Brookfield Asset Management Reinsurance Partners Ltd, an insurance company for approximately US$5.1 billion. |
2022 | Corporate Awards | In March, the company was honored by America’s Best Insurance Companies’ in 2022 by Forbes. |
Competitor Comparison
Key Parameters | American National Group, Inc | Nationwide Mutual Insurance Co | American International Group Inc (AIG) | New York Life Insurance Co | American Financial Group Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Galveston | Columbus | New York | New York City | Cincinnati |
State/Province | Texas | Ohio | New York | New York | Ohio |
No. of Employees | 4,545 | - | 25,200 | 11,388 | 6,900 |
Entity Type | Private | Private | Public | Private | Public |
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Timothy A. Walsh | President; Chief Executive Officer | Senior Management | - | - |
Anne M. LeMire | Chief Securities Investment Officer; Senior Vice President | Senior Management | - | - |
Brody Merrill | Chief Financial Officer; Senior Vice President; Treasurer | Senior Management | - | - |
Meredith M. Mitchell | Senior Vice President; Chief Information Officer | Senior Management | - | - |
Barret Thompson | Chief Risk Officer; Senior Vice President | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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