Major Rating Factors:
Good overall profitability (5.1 on a scale of 0 to 10). Return on equity has been excellent over the last five years averaging 39.0%. Weak overall results on stability tests (2.6) including fair financial strength of affiliated American National Group Inc, weak results on operational trends and negative cash flow from operations for 2024. Strong overall capitalization (10.0) based on mixed results -- excessive policy leverage mitigated by excellent risk adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (7.4). Excellent Liquidity (7.3).
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:
All states except ME, NJ, NY, VT, PR
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
ONE MOODY PLAZA
GALVESTON, TX 77550
GALVESTON, TX 77550
Phone Number
(409) 763-4461
NAIC Number
71773
Website
Largest Affiliates