American Equity Celebrates 20th Anniversary of NYSE Listing

Rhea-AI Summary

American Equity Investment Life Holding Company (AEL) will ring the NYSE Opening Bell on December 8th, 2023, to celebrate its 20th anniversary of listing. President and CEO Anant Bhalla will commemorate the occasion, highlighting the company's growth and successful transformation into an asset light insurer and asset manager under the AEL 2.0 business model.

Rings NYSE Opening Bell to Commemorate Milestone on Friday, December 8^th

WEST DES MOINES, Iowa--(BUSINESS WIRE)-- American Equity Investment Life Holding Company (“American Equity”) (NYSE: AEL), a leading issuer of fixed index annuities (FIAs), today announced that it will celebrate the 20^th anniversary of its listing on the New York Stock Exchange (NYSE) by ringing the NYSE Opening Bell on Friday, December 8, 2023. President and CEO Anant Bhalla will be joined by members of American Equity’s Board of Directors and management team to commemorate the occasion.

“We are proud of the growth we have achieved over the last two decades as a public company, culminating in AEL’s successful transformation into an asset light insurer and asset manager under the AEL 2.0 business model,” said Bhalla. “This milestone is a testament to the hard work and resilience of our employees, whose unwavering commitment to serving policyholders and agents has been paramount to our success. I am confident in AEL’s bright future ahead as we continue executing on the merger transaction with Brookfield Reinsurance.”

The Opening Bell will ring at 9:30 a.m. ET, and interested parties may tune in to broadcast media coverage of the bell as well as a live stream on the NYSE's website: https://www.nyse.com/bell. Videos and photos during and following the ceremony will be shared on NYSE's social media channels: YouTube, Facebook, Instagram, and on X (formerly Twitter) @NYSE.

About American Equity

At American Equity Investment Life Holding Company, our policyholders work with over 40,000 independent agents and advisors affiliated with independent market organizations (IMOs), banks and broker-dealers through our wholly-owned operating subsidiaries. Advisors and agents choose one of our leading annuity products best suited for their clients' personal needs to create financial dignity in retirement. To deliver on its promises to policyholders, American Equity has re-framed its investment focus — building a stronger emphasis on insurance liability driven asset allocation and specializing in alternate, private asset management while partnering with world renowned, public fixed income asset managers. American Equity is headquartered in West Des Moines, Iowa with additional offices in Charlotte, NC, New York, NY and Miami, FL. For more information, please visit www.american-equity.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231207188097/en/

Steven D. Schwartz, Head of Investor Relations

(515) 273-3763, sschwartz@american-equity.com

Source: American Equity Investment Life Holding Company

FAQ

What is the date of the NYSE Opening Bell ceremony for American Equity Investment Life Holding Company?

The NYSE Opening Bell ceremony for American Equity Investment Life Holding Company is scheduled for December 8th, 2023.

Who will be joining President and CEO Anant Bhalla at the NYSE Opening Bell ceremony?

Members of American Equity's Board of Directors and management team will be joining President and CEO Anant Bhalla at the NYSE Opening Bell ceremony.

Where can interested parties tune in to watch the NYSE Opening Bell ceremony?

Interested parties can tune in to broadcast media coverage of the bell as well as a live stream on the NYSE's website: https://www.nyse.com/bell.

What is the AEL 2.0 business model mentioned in the press release?

The AEL 2.0 business model refers to American Equity's successful transformation into an asset light insurer and asset manager.

What is the future plan mentioned in the press release?

The press release mentions the merger transaction with Brookfield Reinsurance as part of American Equity's bright future ahead.