---
schema_version: "secwatch.filing_event.v1"
accession: "0001039828-24-000006"
form_type: "8-K"
ticker: "ANG-PD"
cik: "0001039828"
company_name: "American National Group Inc."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T01:57:12.971127+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# American Equity posts Q4 GAAP net loss of $476M; record $7B annual FIA sales, merger on track

## Summary
- Q4 net loss available to common stockholders $(475.9)M ($6.04 diluted EPS), vs net income $21.7M ($0.25) in Q4 2022.
- Non-GAAP operating income Q4: $159.6M ($1.99/share); full year 2023: $607.1M ($7.50/share).
- Record FIA sales of $7.0B for 2023, up from $2.3B in 2020; income product sales up 4% sequentially.
- Investment yield 4.65% (up 35 bps YoY); private assets 25.8% of portfolio; $7.4B cash at year-end.
- Pending merger with Brookfield Reinsurance valued at ~$4.3B; expected close in H1 2024.

## SEC filing metadata
- accession: 0001039828-24-000006
- form_type: 8-K
- ticker: ANG-PD
- cik: 0001039828
- company_name: American National Group Inc.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039828/000103982824000006/0001039828-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039828/000103982824000006/ael-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001039828-24-000006
- JSON: https://secwatch.observer/filing/0001039828-24-000006.json
- Plain text: https://secwatch.observer/filing/0001039828-24-000006.txt

## Key facts
- Earnings Releases
  American National Group Inc. reported financial results for fourth quarter and year ended December 31, 2023.
  - Period: fourth quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 14, 2024, the registrant issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2023, 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/1039828/000103982824000006/0001039828-24-000006-index.htm

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