---
schema_version: "secwatch.filing_event.v1"
accession: "0001039828-23-000055"
form_type: "8-K"
ticker: "ANG-PD"
cik: "0001039828"
company_name: "American National Group Inc."
filed_at: "2023-04-17T23:59:59+00:00"
generated_at: "2026-06-17T01:12:00.589145+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# American Equity recasts 2021-22 financials for LDTI, gives 2023 guidance with DAC amortization $430-450M

## Summary
- Recast Q4 and full-year 2022 financial supplement to adopt LDTI, applied retrospectively from Jan 1, 2021.
- 2023 modeled expectations: combined DAC and DSI amortization of $430-450M pre-tax.
- Market risk benefit increase expense of $160-180M pre-tax, adjusted for capital market impacts.
- Reduction in other revenues of $6-10M pre-tax relative to pre-LDTI expectations.
- No future recasting of modeled expectations expected under other circumstances.

## SEC filing metadata
- accession: 0001039828-23-000055
- form_type: 8-K
- ticker: ANG-PD
- cik: 0001039828
- company_name: American National Group Inc.
- filed_at: 2023-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039828/000103982823000055/0001039828-23-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039828/000103982823000055/ael-20230417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001039828-23-000055
- JSON: https://secwatch.observer/filing/0001039828-23-000055.json
- Plain text: https://secwatch.observer/filing/0001039828-23-000055.txt

## Key facts
- Earnings Releases
  American National Group Inc. reported financial results for the fourth quarter and year ended December 31, 2022.
  - Period: the fourth quarter and year ended December 31, 2022
  - Result: reported results
  source text: On April 17, 2023, American Equity Investment Life Holding Company (the "Company") made available a recast version of its financial supplement for the fourth quarter and year ended December 31, 2022, a copy of which is attached as Exhibit 99.1 and is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039828/000103982823000055/0001039828-23-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.