secwatch.observer — SEC 8-K summary
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Issuer:     American National Group Inc. (ANG-PD)
CIK:        0001039828
Form:       8-K
Filed at:   2025-01-07T23:59:59+00:00
Accession:  0001039828-25-000002
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ANG Q3 2024: GAAP net loss $299M on non-operating items; distributable operating earnings $360M, +157% YoY
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- GAAP net loss attributable to common stockholders $299M vs $54M income in Q3 2023, driven by investment losses and mark-to-market impacts.
- Distributable operating earnings (non-GAAP) rose 157% YoY to $360M, led by annuity segment pre-tax earnings of $404M.
- Total assets surged to $123.7B from $34.9B a year ago, reflecting the May 2024 acquisition of American Equity Life.
- Annuity gross sales $4.13B in Q3, up 159% YoY; trailing twelve-month net investment spread 1.8%.
- Corporate & Other pre-tax operating loss $51M; P&C segment swung to $27M operating profit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039828/000103982825000002/0001039828-25-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039828/000103982825000002/ael-20250107.htm
  HTML page:      https://secwatch.observer/filing/0001039828-25-000002

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