American National

American National Insurance Company was established over 100 years ago and now operates in all 50 states. It is a publicly traded company with 4,600 full-time employees. Recently acquired by Brookfield Reinsurance, American National was recognized by Forbes as one of “America’s Best Insurance Companies” in 2022.

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  • Written By
    Jennifer Schell

    Jennifer Schell

    Financial Writer

    Jennifer Schell is a professional writer focused on demystifying annuities and other financial topics including banking, financial advising and insurance. She is proud to be a member of the National Association for Fixed Annuities (NAFA) as well as the National Association of Insurance and Financial Advisors (NAIFA).

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    Lamia Chowdhury
    Lamia Chowdhury

    Lamia Chowdhury

    Financial Editor

    Lamia Chowdhury is a financial editor at Lamia carries an extensive skillset in the content marketing field, and her work as a copywriter spans industries as diverse as finance, health care, travel and restaurants.

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    Timothy Li, MBA

    Business Finance Manager

    Timothy Li, MBA, has dedicated his career to increasing profitability for his clients, including Fortune 500 companies. Timothy currently serves as a business finance manager where he researches ways to increase profitability within the supply chain, logistics and sales departments.

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  • Updated: June 30, 2023
  • 4 min read time
  • This page features 5 Cited Research Articles
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How to Cite's Article

APA Schell, J. (2023, June 30). American National. Retrieved June 22, 2024, from

MLA Schell, Jennifer. "American National.", 30 Jun 2023,

Chicago Schell, Jennifer. "American National." Last modified June 30, 2023.

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Our Partnerships, Vision and Goals

We pride ourselves on partnering with professionals like those from Senior Market Sales (SMS) — a market leader with over 30 years of experience in the insurance industry — who offer personalized retirement solutions for consumers across the country. Our relationships with partners including SMS and Insuractive, the company’s consumer-facing branch, allow us to facilitate the sale of annuities and other retirement-oriented financial products to consumers who are looking to purchase safe and reliable solutions to fill gaps in their retirement income. We are compensated when we produce legitimate inquiries, and that compensation helps make an even stronger resource for our audience. We may also, at times, sell lead data to partners in our network in order to best connect consumers to the information they request. Readers are in no way obligated to use our partners’ services to access the free resources on carefully selects partners who share a common goal of educating consumers and helping them select the most appropriate product for their unique financial and lifestyle goals. Our network of advisors will never recommend products that are not right for the consumer, nor will Additionally, operates independently of its partners and has complete editorial control over the information we publish.

Our vision is to provide users with the highest quality information possible about their financial options and empower them to make informed decisions based on their unique needs.

About American National Insurance

Part of the parent company American National Group, Inc., American National Insurance is one of several companies and subsidiaries that underwrite, issue and administer insurance policies and annuities.

American National Insurance Company was founded in Galveston, Texas in 1905. It is a publicly traded company that currently has 4,600 full-time employees. American National operates in all 50 states, with its available products varying by location.

Forbes named American National one of “America’s Best Insurance Companies” in 2022 due to the company’s long history of both exceptional performance and outstanding customer service. Forbes also recognized American National as one of its “Most Trustworthy Financial Companies” in 2009 and 2017.

Exceptional customer service has long been one of American National’s most important values — one that the company is committed to delivering over the long term. Along with its subsidiaries, American National offers insurance products that help every customer build and secure a stronger future.

In May 2022, Global asset management company Brookfield Reinsurance acquired American National for approximately $5.1 billion. According to a Brookfield press release, Brookfield Reinsurance plans to build on American National’s strong track record of stable growth and disciplined underwriting. American National will also maintain its headquarters in Galveston, TX, its presence in League City, TX, and operating hubs in Springfield, MO and Albany, NY.

Credit Ratings

Credit ratings offer consumers insight into the financial stability of an annuity provider. These scores are issued by independent credit rating agencies.

If you’re interested in purchasing an annuity, take the time to research several insurance companies. Look for reliability and a long-term record of fiscal stability.

Credit ratings are provided by agencies such as Moody’s S&P, Moody’s, AM Best and Fitch. These agencies evaluate insurers based on their financial capacity and claims-paying abilities (CPAs). To minimize the risk of an insurance company defaulting on an annuity contract, it’s important to choose a company with a high rating.

American National Credit Ratings

Credit Agency Rating
A.M. Best A
Fitch A
Standard & Poor’s A
Source: American National

Annuity Products Provided by American National

As of December 2022, American National and its affiliates offer three categories of annuity products: single premium immediate, indexed deferred and fixed deferred annuities.

Single Premium Immediate Annuities

A single premium immediate annuity is a simple and consumer-friendly option with no accumulation period. In addition, they generate a predictable income from a fixed sum since they deliver a guaranteed income within one month after purchase.

Immediate annuities spread your income over several years, making your tax liability more manageable and allowing you to keep more of what you make. You can structure your payments by choosing the amount and duration of payments. And if you need to access your funds unexpectedly, there are options that may fit your needs.

Indexed Deferred Annuities

Indexed annuities protect your principal while still allowing your money to accumulate interest through strong market performance. Indexed deferred annuity purchasers begin receiving payments at a point in the future while the annuity has time to collect earnings in the present.

These earnings are tax-deferred growth, meaning you only pay tax when you receive the payout.

Indexed deferred annuities from American National include early access options. These let you withdraw portions of your funds or change them to payments that generate income (subject to taxes and surrender charges) in the case of an unexpected need. The lifetime income rider is also an optional add-on that provides an income stream guaranteed for your lifetime, even if the value of your annuity drops to zero.

Fixed Deferred Annuities

American National offers fixed annuities that offset market uncertainty with predictable, guaranteed interest rates over a fixed period.

Their fixed rate of return and tax-deferred growth give investors peace of mind knowing their money is earning predictable income and is sheltered from market uncertainty.

Fixed deferred annuities from American National also include early access options such as withdrawing part of your funds or changing to payments that generate income in the case of unforeseen need. The optional lifetime income rider is also available for this type of annuity.

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Who Owns American National Insurance Company?

Brookfield Asset Management Reinsurance Partners acquired American National in May 2022.

In addition to capital solutions for both insurance and reinsurance companies, Brookfield offers pension risk transfer products for the Canadian pension plan market. Class A exchangeable shares issued by Brookfield Reinsurance can be exchanged on a one-for-one basis with class A limited voting shares issued by Brookfield Asset Management Inc.

American National’s long history of steady growth and disciplined underwriting will continue under Brookfield Reinsurance. Brookfield Reinsurance will leverage its best-in-class expertise and resources to further develop American National’s strong capital position and support its continuing policyholder and customer service commitments.

American National will continue operating under its own name.

Client Resources

American National customers can log in to their accounts online with their email address and password. Customers can file a claim, pay a bill and view account settings through this online access.

American National annuity customers can also contact the company at the following numbers.

American National Contact Information for Annuities

Annuity Bill Pay & Policy Service
Claim Service
Variable Annuity Contracts
Please seek the advice of a qualified professional before making financial decisions.
Last Modified: June 30, 2023

5 Cited Research Articles writers adhere to strict sourcing guidelines and use only credible sources of information, including authoritative financial publications, academic organizations, peer-reviewed journals, highly regarded nonprofit organizations, government reports, court records and interviews with qualified experts. You can read more about our commitment to accuracy, fairness and transparency in our editorial guidelines.

  1. American National. (n.d.). Annuities. Retrieved from
  2. American National. (n.d.). Company Ratings. Retrieved from
  3. American National. (n.d.). What Makes American National So Different? Retrieved from
  4. Brookfield. (n.d.). About Us. Retrieved from
  5. Brookfield Reinsurance Partners. (n.d.). Brookfield Reinsurance Completes $5.1 Billion Acquisition of American National. Retrieved from