American National Group Inc - ANAT STOCK NEWS

American National has released guidance to policyholders in the wake of severe storms impacting Kentucky, Arkansas, Tennessee, Missouri, and Illinois. The company encourages affected individuals to report claims through its mobile app, website, toll-free hotline, or email. Policyholders are advised to document damages and discuss coverage for temporary housing with their insurer. American National, founded in 1905, offers a diverse range of insurance products including life, health, and property insurance across all states except New York.

American National Group reported a net income of $51.0 million ($1.90/share) for Q3 2021, down from $171.1 million ($6.36/share) in Q3 2020. This decline was largely due to a $119.6 million drop in gains from equity securities. After-tax adjusted net operating income fell to $12.6 million ($0.47/share), impacted by Hurricane Ida and rising claim frequencies. For the first nine months of 2021, net income improved to $449.2 million ($16.71/share). The company is advancing toward a $5.1 billion merger with Brookfield Reinsurance, expected to finalize in H1 2022.

American National Group (NASDAQ: ANAT) has declared a quarterly dividend of 82 cents per share, payable on December 17, 2021. The record date for shareholders is set for December 3, 2021, with an anticipated ex-dividend date of December 2, 2021. This declaration highlights the company's long-standing commitment to returning value to shareholders, as American National has paid dividends for over 100 consecutive years. As of June 30, 2021, the company holds $30.4 billion in assets and has $6.8 billion in stockholders’ equity.

American National expresses condolences to those affected by Hurricane Ida as it caused severe storms and flooding in the Northeast. The company urges policyholders to report claims through their AN Mobile app, online at AmericanNational.com, via phone at 1.800.333.2860, or through email. Policyholders are advised to document damage, make temporary repairs, and save receipts for reimbursement. Founded in 1905, American National offers a variety of insurance products across the U.S., including personal, agricultural, and commercial lines.

American National provides guidance for policyholders affected by Hurricane Ida, with options for reporting claims through mobile app, online, phone, and email. They encourage prompt reporting of damage, retaining receipts for repairs, and temporary fixes to prevent further damage. The release includes key contact details for various resources, such as FEMA and the American Red Cross, emphasizing the importance of acting quickly to secure assistance for those impacted by the storm.

As Hurricane Ida approaches, American National Insurance Company urges policyholders to prepare for severe weather. Policyholders can report claims via the AN Mobile app, online at AmericanNational.com, through a 24-hour hotline, or by email. The company emphasizes the importance of staying informed through the National Hurricane Center and local authorities. Founded in 1905 and headquartered in Galveston, Texas, American National offers a range of insurance products across the United States, except New York.

The Board of Directors of American National Group, Inc. (NASDAQ: ANAT) has declared a quarterly dividend of 82 cents per share, effective September 17, 2021, for shareholders on record as of September 7, 2021. This marks over 100 consecutive years of dividend payments by the company. As of June 30, 2021, American National holds $30.4 billion in assets, $23.6 billion in liabilities, and $6.8 billion in stockholders’ equity. The company offers a variety of insurance and financial products across all 50 states.

American National Insurance Company urges policyholders to prepare for Tropical Storm Henri as it approaches the Northeast. To efficiently report claims, policyholders can use various methods, including the AN Mobile app, online at AmericanNational.com, via phone at 1.800.333.2860, or through email. The company emphasizes safety by encouraging residents to stay informed through the National Hurricane Center and adhere to local authority instructions. American National has been operational since 1905, providing diverse insurance products across the U.S., excluding New York.

AM Best has placed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (ICR) of 'a+' (Excellent) of American National Insurance Company (ANICO) under review with developing implications. This includes its subsidiaries and those of the American National Group. The review follows the announcement of a definitive merger agreement for the sale of American National to Brookfield Asset Management Reinsurance Partners Ltd. for about $5.1 billion, expected to complete in the first half of 2022, pending regulatory approvals.