S&P Reaffirms American National’s A Rating, Removes Credit Watch

May 08, 2024

HOUSTON, TX — American National Insurance Company announced the reaffirmation of its “A” IFS (Insurance Financial Strength) rating from S&P Global Ratings. This development marks a significant milestone in American National’s continued commitment to excellence and financial stability within the insurance industry.

Additionally, American National’s existing senior bonds have been reaffirmed at “BBB,” with the credit watch also removed. This reaffirmation reflects the market’s confidence in American National’s financial performance and underscores the company’s dedication to being a source of certainty for its clients.

American National remains focused on delivering exceptional customer experiences and creating long-term value for its clients. The company looks forward to building on this positive momentum and continuing its long legacy of financial strength and reliability in the insurance industry.

 

Contact:
Scott Campbell
SVP, Corporate Communications
Scott.Campbell@AmericanNational.com

ABOUT AMERICAN NATIONAL
American National is a group of companies writing a broad array of insurance products and services and operating in all 50 states. American National Insurance Company was founded in 1905 and is headquartered in Galveston, Texas. Life insurance, annuities, health insurance, credit insurance, pension products, and other products and services are written through multiple companies. Property and casualty insurance is written through American National Property And Casualty Company, Springfield, Missouri, and affiliates. In New York, business is written through Farm Family Casualty Insurance Company, United Farm Family Insurance Company, and American National Life Insurance Company of New York, Glenmont, New York. Not all products and services are available in all states. Not all companies are licensed in all states. Each company has financial responsibility for only the products and services it issues. For more information, please visit AmericanNational.com.

ABOUT BROOKFIELD REINSURANCE
Brookfield Reinsurance Ltd. (NYSE, TSX: BNRE) operates a leading capital solutions business providing insurance and reinsurance services to individuals and institutions. Through its operating subsidiaries, Brookfield Reinsurance offers a broad range of insurance products and services, including life insurance and annuities, and personal and commercial property and casualty insurance. Each class A exchangeable limited voting share of Brookfield Reinsurance is exchangeable on a one-for-one basis with a class A limited voting share of Brookfield Corporation (NYSE, TSX: BN). For more information, please visit bnre.brookfield.com