secwatch.observer — SEC 8-K summary
======================================

Issuer:     American National Group Inc. (ANG-PD)
CIK:        0001039828
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001039828-23-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Equity Q4 net loss of $0.34/share; non-GAAP operating EPS $0.79
------------------------------------------------------------------------

- Q4 2022 net loss available to common stockholders of $29.4M ($0.34/diluted share) vs net income $82.2M ($0.88) in Q4 2021.
- Non-GAAP operating income available to common stockholders $67.9M ($0.79/diluted share) vs $75.8M ($0.81) a year ago.
- Private asset allocation reached 22% of portfolio; $1.4B sourced in Q4 at average yield 7.02%.
- Fee-generating reinsurance balances grew to $9.6B, up $4B from prior quarter, including $3.8B from 26North Re deal.
- FIA sales rose 7% sequentially to $783M; Eagle Life channel up 42% QoQ.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039828/000103982823000006/0001039828-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039828/000103982823000006/ael-20230216.htm
  HTML page:      https://secwatch.observer/filing/0001039828-23-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer