other material
confidence high
sentiment positive
materiality 0.70
American Equity reports record Q3 enterprise sales of $2.2B; FIA sales up 203% YoY
American National Group Inc.
- Total enterprise sales of $2.2B for Q3 2023, substantially all in fixed index annuities.
- FIA sales increased 18% sequentially vs Q2 2023 and 203% vs Q3 2022.
- Eagle Life FIA sales through banks/broker-dealers rose 23%; IMO channel up 17%.
- No Q3 earnings conference call due to pending merger with Brookfield Reinsurance (BNRE).
- Full Q3 earnings results to be released Nov 7, 2023 after market close.