---
schema_version: "secwatch.filing_event.v1"
accession: "0001039828-25-000012"
form_type: "8-K"
ticker: "ANG-PD"
cik: "0001039828"
company_name: "American National Group Inc."
filed_at: "2025-04-11T23:59:59+00:00"
generated_at: "2026-05-23T15:54:19.749967+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# American National Q4 net income $638M (+179% YoY); full-year $696M (+78%) on American Equity acquisition

## Summary
- Distributable operating earnings Q4 $424M (+141% YoY); full year $1,236M (+114%).
- Total assets $121.2B (up 238% YoY), driven by May 2024 acquisition of American Equity.
- Gross annuity sales Q4 $4,647M (+518% YoY); full year $13,620M (+153%).
- Annuity investment spread 1.9% for the twelve months ended December 31, 2024.
- Non-performing commercial mortgage loans $117M (1% of portfolio) vs $15M a year ago.

## SEC filing metadata
- accession: 0001039828-25-000012
- form_type: 8-K
- ticker: ANG-PD
- cik: 0001039828
- company_name: American National Group Inc.
- filed_at: 2025-04-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039828/000103982825000012/0001039828-25-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039828/000103982825000012/ael-20250411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001039828-25-000012
- JSON: https://secwatch.observer/filing/0001039828-25-000012.json
- Plain text: https://secwatch.observer/filing/0001039828-25-000012.txt

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