Highest-materiality recent filing
American National Q1 2026 net loss narrows to $7M; distributable earnings down 10%
GAAP net loss attributable to common stockholders of $7M, improving from $236M loss in Q1 2025.
ANGI Q4 distributable operating earnings $360M (+6% YoY); 2025 DOE $1.35B (+23%)
GAAP net income Q4 $356M (-44% YoY); full-year $469M (-33% YoY).
American National Q3 GAAP net income $208M vs loss of $299M YoY; distributable earnings $354M
GAAP net income attributable to common stockholders $208M in Q3 2025 vs -$299M in Q3 2024; YTD 2025 $113M vs $58M.
American National transfers P&C subsidiaries to Argo; pro forma shows $4.3B asset reduction
Transferred property and casualty subsidiaries (ANPAC, UFFIC, FFCIC) to Argo Group on Oct 1, 2025.
$500M aggregate principal of 7.000% Fixed-Rate Reset Junior Subordinated Notes due 2055 issued in public offering.
ANGI Q2 2025: DOE rises 23% to $311M; GAAP net income $141M, down 42% YoY
GAAP net income (common) $141M in Q2 2025 vs $244M in Q2 2024 (-42%); year-to-date GAAP net loss $95M.
ANGI plans P&C reorganization to Argo, transferring ~4% of assets and 18% of equity
P&C subsidiaries represent ~4% of total assets, ~18% of total equity as of June 30, 2025.
American National Group closes $700M offering of 6.000% Senior Notes due 2035
Closed public offering of $700M aggregate principal of 6.000% Senior Notes due July 15, 2035.
American National Group issues $700M 6% Senior Notes due 2035 to repay term loan
$700M aggregate principal of 6.000% Senior Notes due 2035 issued in registered public offering.
GAAP net loss $236M vs Q1 2024 net income $113M; total revenue $2.34B up 40% YoY.
Distributable operating earnings Q4 $424M (+141% YoY); full year $1,236M (+114%).
American National Group completes redemption of all Series A Preferred Stock and depositary shares
Company redeemed all 16,000 shares of Series A Preferred Stock and 16,000,000 corresponding depositary shares at $25 per depositary share.
Redemption of all 16,000 shares of Series A Preferred Stock and 16,000,000 depositary shares on February 24, 2025.
American National Group issues 12M depositary shares of 7.375% Series D preferred stock
Closed public offering of 12,000,000 depositary shares; each represents 1/1,000th of a share of 7.375% Series D Preferred Stock.
Underwriting agreement signed Jan 7, 2025 for 12,000,000 depositary shares representing 7.375% Series D Non-Cumulative Preferred Stock.
GAAP net loss attributable to common stockholders $299M vs $54M income in Q3 2023, driven by investment losses and mark-to-market impacts.
American National closes $600M 5.75% Senior Notes due 2029; proceeds to repay term loan
$600M aggregate principal of 5.750% Senior Notes due 2029 issued; closed Oct 2, 2024.
American National Group commences public offering of senior unsecured notes
Offering of senior unsecured notes commenced on September 23, 2024 under shelf registration.
American National Group files pro forma net income of $1.06B for H1 2024 after AEL merger
Pro forma total revenues $4,583M, net income $1,060M for six months ended June 30, 2024.
ANAT reports Q1 net income $113.4M, assets $37.3B in merger financials
Net income attributable to American National (ANAT) was $113.4M for Q1 2024, up from $8.9M in Q1 2023.
Completed merger with American National Group, LLC (Brookfield Reinsurance subsidiary); now indirect wholly-owned subsidiary of Brookfield Reinsurance.
Brookfield Reinsurance completes AEL acquisition for $56.50/share cash + stock
Total consideration per share: $38.85 cash + 0.45464 BAM shares (valued at $17.65).
each of David S. Mulcahy, Anant Bhalla, Joyce A. Chapman, Brenda J. Cushing, Michael E. Hayes, Douglas T. Healy, Robert L. Howe, William R. Kunkel, Alan D. Matula and Gerard D. Neugent, being all of the directors of the Company immediately prior to the Effective Time, resigned and ceased to be directors of the Company.
each of David S. Mulcahy, Anant Bhalla, Joyce A. Chapman, Brenda J. Cushing, Michael E. Hayes, Douglas T. Healy, Robert L. Howe, William R. Kunkel, Alan D. Matula and Gerard D. Neugent, being all of the directors of the Company immediately prior to the Effective Time, resigned and ceased to be directors of the Company.
Anant Bhalla ceased to be an executive officer of the Company as of the Effective Time.
the directors of Merger Sub in office immediately prior to the consummation of the Merger, comprising of Sachin Shah, Jon Bayer, Anne Schaumburg and Gregory Morrison, became the directors of the Company
each of David S. Mulcahy, Anant Bhalla, Joyce A. Chapman, Brenda J. Cushing, Michael E. Hayes, Douglas T. Healy, Robert L. Howe, William R. Kunkel, Alan D. Matula and Gerard D. Neugent, being all of the directors of the Company immediately prior to the Effective Time, resigned and ceased to be directors of the Company.
each of David S. Mulcahy, Anant Bhalla, Joyce A. Chapman, Brenda J. Cushing, Michael E. Hayes, Douglas T. Healy, Robert L. Howe, William R. Kunkel, Alan D. Matula and Gerard D. Neugent, being all of the directors of the Company immediately prior to the Effective Time, resigned and ceased to be directors of the Company.
each of David S. Mulcahy, Anant Bhalla, Joyce A. Chapman, Brenda J. Cushing, Michael E. Hayes, Douglas T. Healy, Robert L. Howe, William R. Kunkel, Alan D. Matula and Gerard D. Neugent, being all of the directors of the Company immediately prior to the Effective Time, resigned and ceased to be directors of the Company.
the directors of Merger Sub in office immediately prior to the consummation of the Merger, comprising of Sachin Shah, Jon Bayer, Anne Schaumburg and Gregory Morrison, became the directors of the Company
each of David S. Mulcahy, Anant Bhalla, Joyce A. Chapman, Brenda J. Cushing, Michael E. Hayes, Douglas T. Healy, Robert L. Howe, William R. Kunkel, Alan D. Matula and Gerard D. Neugent, being all of the directors of the Company immediately prior to the Effective Time, resigned and ceased to be directors of the Company.
the directors of Merger Sub in office immediately prior to the consummation of the Merger, comprising of Sachin Shah, Jon Bayer, Anne Schaumburg and Gregory Morrison, became the directors of the Company
each of David S. Mulcahy, Anant Bhalla, Joyce A. Chapman, Brenda J. Cushing, Michael E. Hayes, Douglas T. Healy, Robert L. Howe, William R. Kunkel, Alan D. Matula and Gerard D. Neugent, being all of the directors of the Company immediately prior to the Effective Time, resigned and ceased to be directors of the Company.
Axel André delivered his notice of resignation to the Company on April 8, 2024 and his resignation will be treated as a resignation for Good Reason
Max materiality 1.00 · Median 0.60 · Most common event other_material