Major Rating Factors:
Fair overall results on stability tests (3.1 on a scale of 0 to 10) including fair financial strength of affiliated American National Group Inc and negative cash flow from operations for 2024. Good quality investment portfolio (5.0) despite significant exposure to mortgages . Mortgage default rate has been low. large holdings of BBB rated bonds in addition to small junk bond holdings. Good Liquidity (6.0).
Other Rating Factors:
Strong overall capitalization (7.4) based on mixed results -- excessive policy leverage mitigated by excellent risk adjusted capital (severe loss scenario). Excellent profitability (7.5) with operating gains in each of the last five years.
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
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Licensed in:
CT, DE, ME, MD, MA, NH, NJ, NY, PA, RI, VT, VA, WV
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
American National Group Inc
Investment Rating
Company Address
344 ROUTE 9W
GLENMONT, NY 12077
GLENMONT, NY 12077
Phone Number
(409) 763-4661
NAIC Number
63126
Website
Largest Affiliates