| Revision as of 17:50, 10 March 2019 editAnomieBOT (talk | contribs)Bots6,561,111 editsm Dating maintenance tags: {{Dead link}}← Previous edit | Revision as of 21:23, 10 March 2019 edit undoAgf2 (talk | contribs)Extended confirmed users1,578 edits rescued ref 4, deleted ref 3, replaced ref 13 & 14Tag: Visual editNext edit → | ||
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| | industry = ] ] | | industry = ] ] | ||
| | products = ] ] ]s ] | | products = ] ] ]s ] | ||
| | revenue = {{profit}}]3. |
| revenue = {{profit}}]3.411 Billion <small>(''FY 2017'')</small><ref>{{citeweb |url=https://www.sec.gov/Archives/edgar/data/904163/000119312518064370/d371918d10k.htm#tx371918_8|title=American National Insurance Company - Form-10K|access-date=March 10, 2019}}</ref> | ||
| | net_income = {{profit}}]496 Million <small>(''FY 2017'')</small> | | net_income = {{profit}}]496 Million <small>(''FY 2017'')</small> | ||
| | assets = {{increase}}]26.3 Billion <small>(''FY 2017'')</small> | | assets = {{increase}}]26.3 Billion <small>(''FY 2017'')</small> | ||
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| | homepage = | | homepage = | ||
| }} | }} | ||
| '''American National Insurance Company''' ('''ANICO''') is a major ] ] ] based in ]. The company and its subsidiaries operate in all 50 U.S. states and |
'''American National Insurance Company''' ('''ANICO''') is a major ] ] ] based in ]. The company and its subsidiaries operate in all 50 U.S. states and ]. | ||
| ==Company description== | ==Company description== | ||
| American National was founded in 1905 by Galveston businessman ] Today the company offers a wide array of insurance products and services including life insurance, ], health insurance, property and casualty insurance, ], and pension plan services. |
American National was founded in 1905 by Galveston businessman ] Today the company offers a wide array of insurance products and services including life insurance, ], health insurance, property and casualty insurance, ], and pension plan services. Through its subsidiary, ANREM, the company founded and developed the large-scale housing development, South Shore Harbour, in ].<ref name="chron1">{{cite news|url=http://www.chron.com/CDA/archives/archive.mpl?id=1991_784010|title=League City site in midst of boom/South Shore Harbour is hot|author=Bivins, Ralph|first=|date=1991-05-19|work=]|accessdate=2011-02-25|archive-url=https://web.archive.org/web/20121012214146/http://www.chron.com/CDA/archives/archive.mpl?id=1991_784010|archive-date=March 10, 2019}}</ref> | ||
| Although a ], the majority of the stock continues to be controlled by the Moody family through the ] and Libby Shearn Moody Trust, which are administered by the ] of the family owned ].<ref name=nasdaq2>{{cite web|url=http://www.nasdaq.com/asp/Holdings.asp?mode=&kind=&timeframe=&intraday=&charttype=&splits=&earnings=&movingaverage=&lowerstudy=&comparison=&index=&symbol=ANAT&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=holdingssummary&selected=ANAT|work=]|title=NASDAQ Ownership Summary for ANAT}}</ref><ref>{{cite web|url=http://www.moodyf.org/downloads/annual-financials-2004-5.pdf |archive-url=https://web.archive.org/web/20090529203656/http://www.moodyf.org/downloads/annual-financials-2004-5.pdf |dead-url=yes |archive-date=2009-05-29 |work=Moody Foundation |title=Moody Foundation 2005 Annual Report }}</ref><ref>{{cite web|url=https://www.sec.gov/Archives/edgar/data/904163/000109690602000701/0001096906-02-000701.txt|work=Securities and Exchange Commission|title=ANICO General statement of beneficial ownership filing}}</ref><ref>{{cite web|url=http://www.secinfo.com/dREkr.33.a.htm|work=Securities and Exchange Commission|title=American National Variable Annuity Separate Account, Actuary Consent Filing}}</ref> | Although a ], the majority of the stock continues to be controlled by the Moody family through the ] and Libby Shearn Moody Trust, which are administered by the ] of the family owned ].<ref name=nasdaq2>{{cite web|url=http://www.nasdaq.com/asp/Holdings.asp?mode=&kind=&timeframe=&intraday=&charttype=&splits=&earnings=&movingaverage=&lowerstudy=&comparison=&index=&symbol=ANAT&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=holdingssummary&selected=ANAT|work=]|title=NASDAQ Ownership Summary for ANAT}}</ref><ref>{{cite web|url=http://www.moodyf.org/downloads/annual-financials-2004-5.pdf |archive-url=https://web.archive.org/web/20090529203656/http://www.moodyf.org/downloads/annual-financials-2004-5.pdf |dead-url=yes |archive-date=2009-05-29 |work=Moody Foundation |title=Moody Foundation 2005 Annual Report }}</ref><ref>{{cite web|url=https://www.sec.gov/Archives/edgar/data/904163/000109690602000701/0001096906-02-000701.txt|work=Securities and Exchange Commission|title=ANICO General statement of beneficial ownership filing}}</ref><ref>{{cite web|url=http://www.secinfo.com/dREkr.33.a.htm|work=Securities and Exchange Commission|title=American National Variable Annuity Separate Account, Actuary Consent Filing}}</ref> | ||
| ==Financial ratings== | |||
| ==Financial ratings<ref name=nasdaq1>{{cite web|url=http://www.nasdaq.com//aspxcontent/newsstory.aspx?selected=ANAT&symbol=ANAT&textpath=20080513%5CACQBIZ200805131037BIZWIRE%5FUSPR%5F%5F%5F%5F%5FBW6059%2Ehtm&cdtime=05%2F13%2F2008+10%3A37AM|work=NASDAQ|title=NASDAQ Company News}}</ref>{{dead link|date=March 2019}}== | |||
| American National is subject to insurance regulation and examination by all 50 states as well as federal entities like the ] (SEC) and ]. In addition, its records are audited by ] as well as the major financial rating agencies. |
American National is subject to insurance regulation and examination by all 50 states as well as federal entities like the ] (SEC) and ]. In addition, its records are audited by ] as well as the major financial rating agencies. The ratings reflect the company's capitalization, operating performance and ]. American National was listed in Forbes Magazine in its "100 Most Trustworthy Financial Companies"<ref>https://globenewswire.com/news-release/2017/08/01/1065639/0/en/American-National-named-to-Forbes-2017-Most-Trustworthy-Financial-Companies-List.html</ref> list for 2009 & 2017. | ||
| * ] Company: A (Excellent)<ref name="anico.com1">{{cite web|url=http://anico.com/InvestorRelations/Ratings/index.htm |title=American National Insurance Company's Ratings |publisher= |deadurl=yes |archiveurl=https://web.archive.org/web/20150206050546/http://anico.com/InvestorRelations/Ratings/index.htm |archivedate=2015-02-06 |df= }}</ref> | * ] Company: A (Excellent)<ref name="anico.com1">{{cite web|url=http://anico.com/InvestorRelations/Ratings/index.htm |title=American National Insurance Company's Ratings |publisher= |deadurl=yes |archiveurl=https://web.archive.org/web/20150206050546/http://anico.com/InvestorRelations/Ratings/index.htm |archivedate=2015-02-06 |df= }}</ref> | ||
| Line 44: | Line 44: | ||
| ==Corporate governance== | ==Corporate governance== | ||
| ]]] | ]]] | ||
| ===Board of directors<ref> - Bloomberg</ref>=== | |||
| ===Board of directors<ref></ref>{{dead link|date=March 2019}}=== | |||
| *Robert L. Moody (Chairman Emeritus) | *Robert L. Moody (Chairman Emeritus) | ||
| *Ross R. Moody (Chairman of the Board) | *Ross R. Moody (Chairman of the Board) | ||
| Line 55: | Line 55: | ||
| *James D. Yarbrough | *James D. Yarbrough | ||
| ===Advisory directors<ref>{{Cite web|url=https://quotes.wsj.com/ANAT/company-people|title=ANAT Company Profile & Executives - American National Insurance Co. - Wall Street Journal|website=quotes.wsj.com|access-date=2019-03-10}}</ref>=== | |||
| ===Advisory directors<ref></ref>{{dead link|date=March 2019}}=== | |||
| *Irwin M. Herz, Jr. | *Irwin M. Herz, Jr. | ||
| *R. Eugene Lucas | *R. Eugene Lucas | ||
Revision as of 21:23, 10 March 2019
 | |
| Company type | Public |
|---|---|
| Traded as | Nasdaq: ANAT Russell 1000 Component |
| Industry | Insurance Financial Services |
| Founded | 1905 |
| Headquarters | One Moody Plaza Galveston, Texas, U.S. |
| Key people | Ross Rankin Moody, Chairman of the Board James Pozzi, President & CEO |
| Products | Insurance Annuities mutual funds Financial Products |
| Revenue |  US$3.411 Billion (FY 2017) |
| Net income | US$496 Million (FY 2017) |
| Total assets | US$26.3 Billion (FY 2017) |
| Total equity | US$5.2 Billion (FY 2017) |
| Number of employees | 4,621 (2017) |
| Website | www.americannational.com |
American National Insurance Company (ANICO) is a major American insurance corporation based in Galveston, Texas. The company and its subsidiaries operate in all 50 U.S. states and Puerto Rico.
Company description
American National was founded in 1905 by Galveston businessman William Lewis Moody, Jr. Today the company offers a wide array of insurance products and services including life insurance, annuities, health insurance, property and casualty insurance, credit insurance, and pension plan services. Through its subsidiary, ANREM, the company founded and developed the large-scale housing development, South Shore Harbour, in League City, Texas.
Although a publicly traded company, the majority of the stock continues to be controlled by the Moody family through the Moody Foundation and Libby Shearn Moody Trust, which are administered by the trust department of the family owned Moody National Bank.
Financial ratings
American National is subject to insurance regulation and examination by all 50 states as well as federal entities like the U.S. Securities and Exchange Commission (SEC) and Federal Trade Commission. In addition, its records are audited by KPMG as well as the major financial rating agencies. The ratings reflect the company's capitalization, operating performance and liquidity. American National was listed in Forbes Magazine in its "100 Most Trustworthy Financial Companies" list for 2009 & 2017.
- A. M. Best Company: A (Excellent)
- Standard and Poor's: A (Excellent)
Subsidiaries
- American National Life Insurance Company of Texas
- American National Life Insurance Company of New York
- American National Property And Casualty Company
- Farm Family Casualty Insurance Company
- United Farm Family Insurance Company
- Standard Life and Accident Insurance Company
- Garden State Life Insurance Company
Corporate governance
Board of directors
- Robert L. Moody (Chairman Emeritus)
- Ross R. Moody (Chairman of the Board)
- James E. Pozzi (President and Chief Executive Officer)
- William C. Ansell
- James P. Payne
- Arthur O. Dummer
- Frances A. Moody-Dahlberg
- E.J. "Jere" Pederson
- James D. Yarbrough
Advisory directors
- Irwin M. Herz, Jr.
- R. Eugene Lucas
- E. Douglass McLeod
- Robert L. Moody, Jr.
- Russell S. Moody
Former directors
See also
- Free State of Galveston
- Galveston, Texas
- Moody Foundation
- Moody Gardens
- Moody National Bank
- National Western Life
References
- "American National Insurance Company - Form-10K". Retrieved March 10, 2019.
- "American National Insurance". Fortune. Retrieved 2019-02-15.
- Bivins, Ralph (1991-05-19). "League City site in midst of boom/South Shore Harbour is hot". Houston Chronicle. Archived from the original on March 10, 2019. Retrieved 2011-02-25.
{{cite news}}:|archive-date=/|archive-url=timestamp mismatch; October 12, 2012 suggested (help) - "NASDAQ Ownership Summary for ANAT". NASDAQ.
- "Moody Foundation 2005 Annual Report" (PDF). Moody Foundation. Archived from the original (PDF) on 2009-05-29.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - "ANICO General statement of beneficial ownership filing". Securities and Exchange Commission.
- "American National Variable Annuity Separate Account, Actuary Consent Filing". Securities and Exchange Commission.
- https://globenewswire.com/news-release/2017/08/01/1065639/0/en/American-National-named-to-Forbes-2017-Most-Trustworthy-Financial-Companies-List.html
- ^ "American National Insurance Company's Ratings". Archived from the original on 2015-02-06.
{{cite web}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help) - Affiliated Companies Archived 2008-04-24 at the Wayback Machine
- American National Insurance Company: Board of Directors - Bloomberg
- "ANAT Company Profile & Executives - American National Insurance Co. - Wall Street Journal". quotes.wsj.com. Retrieved 2019-03-10.
External links
29°18′25″N 94°47′24″W / 29.307°N 94.7899°W / 29.307; -94.7899
| Selected companies of the Nasdaq Financial-100 index | |
|---|---|
|
- Companies in the NASDAQ Financial-100
- Companies listed on the Nasdaq
- Buildings and structures in Galveston, Texas
- 1905 establishments in Texas
- Financial services companies established in 1905
- Companies based in Galveston, Texas
- Companies listed on NASDAQ
- Insurance companies of the United States
- Life insurance companies