The company has not filed an annual or quarterly report since its Q1 FY2020 10-Q, filed May 8, 2020. Its latest SEC filing is a 13F-HR from May 13, 2022.
10-Q for Q1 FY2020, filed May 8, 2020
The sections below describe the company as of the FY2019 annual report.
Sells life insurance, annuities, and property and casualty coverage to individuals, families, and businesses.
10-K for FY2019, filed Feb 28, 2020American National Insurance Company was founded in 1905 and has always maintained its corporate headquarters in Galveston, Texas. Our core…View ↗
Personal Lines. Personal lines include insurance policies sold to individuals for auto, homeowners and other similar exposures. Auto…View ↗
Commercial Lines. Commercial lines are primarily focused on providing insurance to agricultural related operations and small to mid size…View ↗
Life policyholders pay premiums periodically; annuity buyers make either one deposit or a series of deposits.
10-K for FY2019, filed Feb 28, 2020Whole Life. Whole life products provide a guaranteed benefit upon the death of the insured in return for the periodic payment of a fixed…View ↗
Term Life. Term life products provide a guaranteed benefit upon the death of the insured for a specified time period in return for the…View ↗
Deferred Annuity. A deferred annuity is an asset accumulation product. Deposits are received as a single premium deferred annuity or in a…View ↗
$4.1B
10-K for FY2019, filed Feb 29, 2020
$4.1B ↗
Individuals and families buy through company agents, independent agents, or directly through call centers; farmers, ranchers, and small businesses are served by dedicated agents. Employers, lenders, and financial institutions are reached through independent agents and other intermediaries.
10-K for FY2019, filed Feb 28, 2020Career Sales and Service Division (“CSSD”) — can be traced to the Company's founding in 1905, and offers life insurance, annuities, and…View ↗
Independent Marketing Group (“IMG”) — distributes our life insurance and annuity products and solutions through independent agents. IMG…View ↗
Multiple Line Agencies — offers life insurance, annuities, and property and casualty insurance and a limited amount of health insurance…View ↗
Health Insurance Division — serves the needs of a variety of markets including middle-income seniors, self-insured employers, and the…View ↗
Specialty Markets Group ("SMG") — offers both credit life products as well as certain property and casualty related products through…View ↗
Yes. It kept 15 cents of every revenue dollar as net income in FY2019 and turned 12 cents into free cash flow.
10-Q for Q1 FY2020, filed May 8, 2020
−$220.4MView ↗
8-K, filed Jul 2, 2020
On July 1, 2020, American National Insurance Company, a Texas insurance company (“ANICO”), completed its previously announced holding…View ↗
Grew. Revenue grew 35% in 4 years, from $3B in FY2015 to $4.1B in FY2019, about 8% a year.
Broader CSSD income market
The Career Sales and Service Division's target market shifts from primarily middle-income customers to lower- and middle-income customers.
10-K for FY2016, filed Mar 10, 2017 10-K for FY2019, filed Feb 28, 2020Career Sales and Service Division’s (“CSSD”) —can be traced to the Company’s founding in 1905, and offers life insurance, annuities, and…View ↗
Career Sales and Service Division (“CSSD”) — can be traced to the Company's founding in 1905, and offers life insurance, annuities, and…View ↗
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