- CEO
- Timothy A. Walsh
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Galveston United States
- Business
- American National Group Inc. is a diversified insurance and financial services holding company that provides retirement annuity products, pension risk transfer solutions, and property and casualty insurance to individual, family, agricultural, and commercial clients throughout the United States. The company delivers its offerings through distinct operating segments and specialized product lines: annuity solutions, comprising single premium immediate annuities, fixed deferred annuities, and fixed indexed annuities structured for long-term savings and retirement income; pension risk transfer solutions, offering customized group annuity contracts and risk management services to corporate defined benefit plans; personal property and casualty insurance, including private passenger auto, homeowners, condominium, renters, and umbrella liability coverage; commercial property and casualty insurance, encompassing businessowners policies, commercial general liability, commercial auto, commercial property, and workers' compensation coverage; agricultural insurance, providing specialized farm and ranch property and casualty policies; and closed-block life insurance policy management, servicing in-force whole life, universal life, and term life insurance contracts. Founded in 1905 and headquartered in Galveston, Texas, the company operates across all 50 U.S. states, the District of Columbia, and Puerto Rico, conducting business through key insurance subsidiaries such as American National Insurance Company, American National Life Insurance Company of Texas, American National Life Insurance Company of New York, American National Property and Casualty Company, Standard Life and Accident Insurance Company, Farm Family Casualty Insurance Company, and United Farm Family Insurance Company. Distribution is managed through a multi-channel network that includes independent marketing organizations, career agents, independent insurance agents, broker-dealers, and financial institutions. American National Group Inc. operates as a subsidiary of Brookfield Wealth Solutions Ltd. following its acquisition in May 2022. In recent operational and strategic developments, the company executed a portfolio realignment to prioritize rapid growth in fixed annuity and institutional pension risk transfer markets, ceased issuing new retail life insurance policies to concentrate capital on core retirement and property-casualty operations while continuing to service existing policyholders, integrated functional operations with Brookfield's broader insurance platform following the addition of American Equity Investment Life Holding Company, and expanded its operational footprint with a corporate facility in Houston, Texas, complementing existing primary centers in Galveston, Texas; Springfield, Missouri; and Glenmont, New York. Its publicly traded securities include the New York Stock Exchange-listed Depositary Shares (Ticker: ANG/PD), each representing a 1/1,000th interest in a share of 7.375% Fixed-Rate Non-Cumulative Preferred Stock, Series D.