---
schema_version: "secwatch.filing_event.v1"
accession: "0001039828-25-000036"
form_type: "8-K"
ticker: "ANG-PD"
cik: "0001039828"
company_name: "American National Group Inc."
filed_at: "2025-11-21T23:59:59+00:00"
generated_at: "2026-05-16T17:31:51.136015+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American National Q3 GAAP net income $208M vs loss of $299M YoY; distributable earnings $354M

## Summary
- GAAP net income attributable to common stockholders $208M in Q3 2025 vs -$299M in Q3 2024; YTD 2025 $113M vs $58M.
- Distributable operating earnings $354M (Q3 2025), down 2% YoY; YTD 2025 $1,057M, up 30% YoY.
- Annuity segment distributable earnings $389M; gross annuity sales $4.85B, up 17% YoY led by fixed index ($2.53B) and fixed rate ($2.13B).
- Total assets $130.6B, up 6% YoY; total equity $10.98B, up 10% YoY; total adjusted common equity $10.29B, up 19% YoY.
- Non-performing commercial mortgage loans $205M (2% of portfolio) vs $117M (1%) at Dec 2024; allowance for credit losses $125M.

## SEC filing metadata
- accession: 0001039828-25-000036
- form_type: 8-K
- ticker: ANG-PD
- cik: 0001039828
- company_name: American National Group Inc.
- filed_at: 2025-11-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039828/000103982825000036/0001039828-25-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039828/000103982825000036/angpd-20251121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001039828-25-000036
- JSON: https://secwatch.observer/filing/0001039828-25-000036.json
- Plain text: https://secwatch.observer/filing/0001039828-25-000036.txt

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