American National Surpasses $100 Billion In Life Insurance In Force
September 25 2017 - 10:04AM
American National Insurance Company (American National) is proud to
announce that it has reached a major milestone by surpassing more
than $100 billion in life insurance in force. This achievement
marks the culmination of more than a century devoted to the values
of integrity and financial strength.
$100 billion is the total value of all life insurance policies
American National has issued that are currently active. It
represents 112 years of service to more than 5 million
policyholders as well as valued shareholders.
American National was founded by W.L. Moody Jr. in 1905 with 10
employees, $100,000 in capital and the vision of becoming a leading
provider of financial products and services for current and future
generations. By focusing on the ideals of strong management and
prudent investment, American National steadily built its business,
reaching $1 billion in life insurance in force by 1943, $10 billion
by the mid-1960s and $50 billion just before 2000. The pace picked
up quickly from there, reaching $75 billion in 2013 and $90 billion
in 2015.
Now, with more than 3,000 employees, plus a network of agents
and distribution partners in all 50 states and Puerto Rico,
American National looks forward to another century of excellent
service to our policyholders and the achievement of many more
milestones along the way.
About American National American National
Insurance Company (American National), headquartered in Galveston,
Texas, was founded in 1905 and is licensed in all states except New
York. American National and its subsidiaries offer a broad line of
products and services, which include life insurance, annuities,
health insurance, credit insurance, pension products, and property
and casualty insurance for personal lines, agribusiness and certain
commercial exposures. American National companies operate in all 50
states. For corporate and investor relations information, please
visit American National’s website at www.AmericanNational.com.
CONTACT: Jason Broussard, Assistant
Vice President, Corporate Office(409) 621-7809AMERICAN
NATIONAL One Moody Plaza I Galveston, TX
77550Jason.Broussard@AmericanNational.com
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