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    American Equity Investment Life Holding Company

    Subscribe to $AEL
    $AEL
    Life Insurance
    Finance

    American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues fixed index and rate annuities; and single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. The company was founded in 1995 and is headquartered in West Des Moines, Iowa.

    IPO Year: 2003

    Exchange: NYSE

    Website: american-equity.com

    Recent Analyst Ratings for American Equity Investment Life Holding Company

    DatePrice TargetRatingAnalyst
    7/14/2023$55.00Buy → Hold
    Truist
    6/28/2023Strong Buy → Mkt Perform
    Raymond James
    2/21/2023$45.00 → $48.00Overweight → Neutral
    Piper Sandler
    12/19/2022$48.00Outperform → Strong Buy
    Raymond James
    8/15/2022$42.00 → $44.00Outperform → In-line
    Evercore ISI
    7/22/2022$43.00 → $38.00Outperform → Neutral
    Credit Suisse
    7/13/2022$43.00 → $41.00Outperform → Mkt Perform
    Keefe Bruyette
    6/28/2022$43.00Outperform
    Credit Suisse
    2/22/2022$40.00 → $41.00Equal-Weight
    Morgan Stanley
    1/26/2022$42.00Hold
    Jefferies
    See more ratings

    American Equity Investment Life Holding Company Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • Hayes Michael E returned 3,995 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Issuer)

      5/6/24 3:25:03 PM ET
      $AEL
      Life Insurance
      Finance
    • Neugent Gerard D. returned 53,507 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Issuer)

      5/6/24 3:24:51 PM ET
      $AEL
      Life Insurance
      Finance
    • Volpe Nicholas P. returned 19,534 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Issuer)

      5/6/24 3:24:38 PM ET
      $AEL
      Life Insurance
      Finance
    • Howe Robert L returned 78,282 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Issuer)

      5/6/24 3:24:27 PM ET
      $AEL
      Life Insurance
      Finance
    • Healy Douglas Taylor returned 13,075 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Issuer)

      5/6/24 3:24:05 PM ET
      $AEL
      Life Insurance
      Finance
    • Cushing Brenda J returned 22,925 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Issuer)

      5/6/24 3:23:49 PM ET
      $AEL
      Life Insurance
      Finance
    • Matula Alan David returned 43,245 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Issuer)

      5/6/24 3:23:34 PM ET
      $AEL
      Life Insurance
      Finance
    • Andre Axel returned 14,553 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Issuer)

      5/6/24 3:23:20 PM ET
      $AEL
      Life Insurance
      Finance
    • Chapman Joyce Ann returned 51,183 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Issuer)

      5/6/24 3:23:07 PM ET
      $AEL
      Life Insurance
      Finance
    • Lorenzen Jeffrey D returned 52,801 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Issuer)

      5/6/24 3:22:55 PM ET
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      Life Insurance
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    American Equity Investment Life Holding Company Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    • SEC Form SC 13G filed by American Equity Investment Life Holding Company

      SC 13G - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Subject)

      5/7/24 4:09:37 PM ET
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    • SEC Form SC 13G/A filed by American Equity Investment Life Holding Company (Amendment)

      SC 13G/A - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Subject)

      2/13/24 4:58:51 PM ET
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    • SEC Form SC 13G/A filed by American Equity Investment Life Holding Company (Amendment)

      SC 13G/A - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Subject)

      2/9/24 9:59:07 AM ET
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    • SEC Form SC 13G/A filed by American Equity Investment Life Holding Company (Amendment)

      SC 13G/A - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Subject)

      2/14/23 1:31:03 PM ET
      $AEL
      Life Insurance
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    • SEC Form SC 13G/A filed by American Equity Investment Life Holding Company (Amendment)

      SC 13G/A - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Subject)

      2/10/23 2:42:26 PM ET
      $AEL
      Life Insurance
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    • SEC Form SC 13G/A filed by American Equity Investment Life Holding Company (Amendment)

      SC 13G/A - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Subject)

      2/9/23 11:07:31 AM ET
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      Life Insurance
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    • SEC Form SC 13G/A filed by American Equity Investment Life Holding Company (Amendment)

      SC 13G/A - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Subject)

      2/11/22 12:02:53 PM ET
      $AEL
      Life Insurance
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    • SEC Form SC 13G/A filed by American Equity Investment Life Holding Company (Amendment)

      SC 13G/A - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Subject)

      2/9/22 3:24:47 PM ET
      $AEL
      Life Insurance
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    • SEC Form SC 13G/A filed by American Equity Investment Life Holding Company (Amendment)

      SC 13G/A - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Subject)

      2/8/22 3:52:50 PM ET
      $AEL
      Life Insurance
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    • SEC Form SC 13D filed by American Equity Investment Life Holding Company

      SC 13D - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Subject)

      6/28/21 5:19:22 PM ET
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      Life Insurance
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    American Equity Investment Life Holding Company Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

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    • Lummus Dewayne bought $84 worth of shares (2 units at $42.20), increasing direct ownership by 0.01% to 15,141 units (SEC Form 4)

      4 - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Issuer)

      10/2/23 9:18:11 PM ET
      $AEL
      Life Insurance
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    • Lummus Dewayne bought $42,342 worth of shares (1,062 units at $39.87), increasing direct ownership by 8% to 15,139 units (SEC Form 4)

      4 - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Issuer)

      9/29/23 4:39:05 PM ET
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      Life Insurance
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    American Equity Investment Life Holding Company Financials

    Live finance-specific insights

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    • American Equity Reports Record $7+ Billion Annual FIA Sales and Strong Financial Results to Cap a Historic 2023

      Company Highlights Fourth quarter 2023 net loss available to common stockholders of $(475.9) million, or $(6.04) per diluted common share compared to net income of $21.7 million, or $0.25 per diluted common share for fourth quarter 2022 restated for the adoption of Accounting Standards Update 2018-12 — more commonly known as Long Duration Targeted Improvements (LDTI) Full year 2023 net income available to common stockholders of $166.9 million, or $2.06 per diluted common share compared to net income of $1.9 billion, or $20.50 per diluted common for full year 2022 restated for the adoption of LDTI Non-GAAP operating income available to common stockholders1 for the fourth quarter a

      2/14/24 4:15:00 PM ET
      $AEL
      Life Insurance
      Finance
    • American Equity Declares 1st Quarter 2024 Preferred Stock Dividend

      American Equity Investment Life Holding Company (NYSE:AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the "Series A Preferred Stock"), which is represented by depositary shares, each representing a 1/1,000th interest in a share of Series A Preferred Stock (the "Series A Depositary Shares"), the Board of Directors has declared a cash dividend of $371.8750000 per share of Series A Preferred Stock (equivalent to $0.371875000 per Series A Depositary Share). The dividend will be payable on March 1, 2024 to Series A Preferred Stock shareholders of record as of February 15, 2024. Depositary receipts for the Series A Pr

      2/1/24 4:15:00 PM ET
      $AEL
      Life Insurance
      Finance
    • American Equity Reports Record Non-GAAP Operating ROE1 and FIA Sales as the AEL 2.0 Strategy Delivers with 25% Allocation to Private Assets and Nearly 20% "Fee-Earning" Reinsured Balances

      Company Highlights Third quarter 2023 net income available to common stockholders of $465.2 million, or $5.82 per diluted common share compared to net income of $434.0 million, or $4.90 per diluted common share for third quarter 2022 restated for the adoption of Accounting Standards Update 2018-12 — more commonly known as Long Duration Targeted Improvements or LDTI Non-GAAP operating income available to common stockholders1 for the third quarter 2023 was $195.5 million, or $2.45 per diluted common share; Notable items2 positively impacted results in the quarter by $21.0 million, or $0.26 per share, after-tax On a trailing twelve-month basis, GAAP return on equity of 47.3% and non

      11/7/23 4:15:00 PM ET
      $AEL
      Life Insurance
      Finance
    • American Equity Declares 4th Quarter 2023 Preferred Stock Dividend

      American Equity Investment Life Holding Company (NYSE:AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the "Series A Preferred Stock"), which is represented by depositary shares, each representing a 1/1,000th interest in a share of Series A Preferred Stock (the "Series A Depositary Shares"), the Board of Directors has declared a cash dividend of $371.8750000 per share of Series A Preferred Stock (equivalent to $0.371875000 per Series A Depositary Share). The dividend will be payable on December 1, 2023 to Series A Preferred Stock shareholders of record as of November 15, 2023. Depositary receipts for the Series A

      11/1/23 4:15:00 PM ET
      $AEL
      Life Insurance
      Finance
    • American Equity Announces Record Total Enterprise Sales1 of $2.2 Billion in Third Quarter and Expected Date of Third Quarter 2023 Earnings Results

      American Equity Investment Life Holding Company (NYSE:AEL) ("AEL") today announced that its third-quarter 2023 sales totaled $2.2 billion, substantially all of which were in fixed index annuities. AEL also announced that it will release its third quarter 2023 earnings results after the market closes on Tuesday, November 7, 2023. The press release and financial supplement will be posted on the American Equity IR website at https://ir.american-equity.com/ at that time. In light of AEL's pending merger with Brookfield Reinsurance ((NYSE, TSX:BNRE), AEL will not be holding an earnings conference call with investors. FIA SALES INCREASE 18% FROM PRIOR SEQUENTIAL QUARTER Third quarter 2023 s

      10/17/23 4:15:00 PM ET
      $AEL
      Life Insurance
      Finance
    • AM Best Places Credit Ratings Under Review With Developing Implications for American Equity Investment Life Insurance Company and Its Subsidiaries

      AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "a-" (Excellent) of American Equity Investment Life Insurance Company and its subsidiaries, American Equity Investment Life Insurance Company of New York (Lake Success, NY) and Eagle Life Insurance Company, collectively referred to as American Equity. Concurrently, AM Best has placed under review with developing implications the Long-Term ICR of "bbb-" (Good) of American Equity Investment Life Holding Company (AEL) (NYSE:AEL) and its Long-Term Issue Credit Ratings (Long-Term IRs). All companies are domiciled in West Des Moin

      8/23/23 10:31:00 AM ET
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      Life Insurance
      Finance
    • American Equity Reports Further Growth in Both Earnings and Sales Momentum as Private Asset Allocation Ramps to 25%

      Company Highlights Second quarter 2023 net income available to common stockholders of $344.4 million, or $4.36 per diluted common share compared to net income of $752.4 million, or $8.06 per diluted common share for second quarter 2022 restated for the adoption of Accounting Standards Update 2018-12 — more commonly known as Long Duration Targeted Improvements or LDTI. Non-GAAP operating income available to common stockholders1 for the second quarter 2023 was $127.6 million, or $1.62 per diluted common share; Notable items2 negatively impacted results in the quarter by $8.9 million, or $0.11 per share, after-tax. On a trailing twelve-month basis GAAP return on equity of 26.4% and no

      8/7/23 4:15:00 PM ET
      $AEL
      Life Insurance
      Finance
    • American Equity Declares 3rd Quarter 2023 Preferred Stock Dividend

      American Equity Investment Life Holding Company (NYSE:AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the "Series A Preferred Stock"), which is represented by depositary shares, each representing a 1/1,000th interest in a share of Series A Preferred Stock (the "Series A Depositary Shares"), the Board of Directors has declared a cash dividend of $371.8750000 per share of Series A Preferred Stock (equivalent to $0.371875000 per Series A Depositary Share). The dividend will be payable on September 1, 2023 to Series A Preferred Stock shareholders of record as of August 15, 2023. Depositary receipts for the Series A

      8/1/23 4:15:00 PM ET
      $AEL
      Life Insurance
      Finance
    • AM Best Comments on Credit Ratings of American Equity Investment Life Insurance Company and Its Subsidiaries Following Acquisition Announcement

      AM Best has commented that the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of "a-" (Excellent) of American Equity Investment Life Insurance Company and its subsidiaries, American Equity Investment Life Insurance Company of New York (Lake Success, NY) and Eagle Life Insurance Company, remain unchanged following the announcement that a definitive agreement has been reached whereby Brookfield Reinsurance Ltd. will acquire all of the outstanding shares of common stock of the parent company, American Equity Investment Life Holding Company (AEL) (NYSE:AEL), that it does not already own, in a cash and stock transaction of approximately $4.3 billion. The outl

      7/6/23 1:05:00 PM ET
      $AEL
      Life Insurance
      Finance
    • Brookfield Reinsurance to Acquire AEL in $4.3 Billion Transaction

      Brookfield Reinsurance ((NYSE, TSX:BNRE) and American Equity Investment Life Holding Company (NYSE:AEL) ("AEL") today announced that they have entered into a definitive agreement whereby Brookfield Reinsurance will acquire all of the outstanding shares of common stock of AEL it does not already own in a cash and stock transaction that values AEL at approximately $4.3 billion. As part of the agreement, each AEL shareholder will receive $55.00 per AEL share, consisting of $38.85 in cash and 0.49707 of a Brookfield Asset Management Ltd. ((NYSE, TSX:BAM) ("BAM") class A limited voting share ("BAM Shares") having a value equal to $16.15 (based on the undisturbed 90-day volume-weighted average

      7/5/23 6:00:00 AM ET
      $AEL
      $BNRE
      Life Insurance
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      Property-Casualty Insurers

    American Equity Investment Life Holding Company SEC Filings

    See more
    • SEC Form 15-12G filed by American Equity Investment Life Holding Company

      15-12G - American National Group Inc. (0001039828) (Filer)

      5/13/24 4:09:38 PM ET
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    • SEC Form 10-Q filed by American Equity Investment Life Holding Company

      10-Q - American National Group Inc. (0001039828) (Filer)

      5/10/24 12:21:41 PM ET
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      Life Insurance
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    • American Equity Investment Life Holding Company filed SEC Form 8-K: Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Other Events, Creation of a Direct Financial Obligation, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Filer)

      5/8/24 9:21:07 AM ET
      $AEL
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    • SEC Form S-8 POS filed by American Equity Investment Life Holding Company

      S-8 POS - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Filer)

      5/3/24 5:25:12 PM ET
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    • SEC Form S-8 POS filed by American Equity Investment Life Holding Company

      S-8 POS - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Filer)

      5/3/24 5:20:15 PM ET
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    • SEC Form S-8 POS filed by American Equity Investment Life Holding Company

      S-8 POS - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Filer)

      5/3/24 5:18:53 PM ET
      $AEL
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    • SEC Form S-8 POS filed by American Equity Investment Life Holding Company

      S-8 POS - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Filer)

      5/3/24 5:18:00 PM ET
      $AEL
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    • SEC Form S-8 POS filed by American Equity Investment Life Holding Company

      S-8 POS - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Filer)

      5/3/24 5:16:39 PM ET
      $AEL
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    • SEC Form S-8 POS filed by American Equity Investment Life Holding Company

      S-8 POS - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Filer)

      5/3/24 5:15:18 PM ET
      $AEL
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    • SEC Form S-8 POS filed by American Equity Investment Life Holding Company

      S-8 POS - AMERICAN EQUITY INVESTMENT LIFE HOLDING CO (0001039828) (Filer)

      5/3/24 5:14:07 PM ET
      $AEL
      Life Insurance
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    American Equity Investment Life Holding Company Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • American Equity Investment Life downgraded by Truist with a new price target

      Truist downgraded American Equity Investment Life from Buy to Hold and set a new price target of $55.00

      7/14/23 7:42:54 AM ET
      $AEL
      Life Insurance
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    • American Equity Investment Life downgraded by Raymond James

      Raymond James downgraded American Equity Investment Life from Strong Buy to Mkt Perform

      6/28/23 7:11:40 AM ET
      $AEL
      Life Insurance
      Finance
    • American Equity Investment Life downgraded by Piper Sandler with a new price target

      Piper Sandler downgraded American Equity Investment Life from Overweight to Neutral and set a new price target of $48.00 from $45.00 previously

      2/21/23 7:08:18 AM ET
      $AEL
      Life Insurance
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    • American Equity Investment Life upgraded by Raymond James with a new price target

      Raymond James upgraded American Equity Investment Life from Outperform to Strong Buy and set a new price target of $48.00

      12/19/22 7:24:07 AM ET
      $AEL
      Life Insurance
      Finance
    • American Equity Investment Life downgraded by Evercore ISI with a new price target

      Evercore ISI downgraded American Equity Investment Life from Outperform to In-line and set a new price target of $44.00 from $42.00 previously

      8/15/22 7:36:11 AM ET
      $AEL
      Life Insurance
      Finance
    • American Equity Investment Life downgraded by Credit Suisse with a new price target

      Credit Suisse downgraded American Equity Investment Life from Outperform to Neutral and set a new price target of $38.00 from $43.00 previously

      7/22/22 7:09:04 AM ET
      $AEL
      Life Insurance
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    • American Equity Investment Life downgraded by Keefe Bruyette with a new price target

      Keefe Bruyette downgraded American Equity Investment Life from Outperform to Mkt Perform and set a new price target of $41.00 from $43.00 previously

      7/13/22 7:21:16 AM ET
      $AEL
      Life Insurance
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    • Credit Suisse resumed coverage on American Equity Investment Life with a new price target

      Credit Suisse resumed coverage of American Equity Investment Life with a rating of Outperform and set a new price target of $43.00

      6/28/22 7:13:08 AM ET
      $AEL
      Life Insurance
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    • Morgan Stanley reiterated coverage on American Equity Inv with a new price target

      Morgan Stanley reiterated coverage of American Equity Inv with a rating of Equal-Weight and set a new price target of $41.00 from $40.00 previously

      2/22/22 9:28:30 AM ET
      $AEL
      Life Insurance
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    • Jefferies initiated coverage on American Equity Inv with a new price target

      Jefferies initiated coverage of American Equity Inv with a rating of Hold and set a new price target of $42.00

      1/26/22 5:28:05 AM ET
      $AEL
      Life Insurance
      Finance

    American Equity Investment Life Holding Company Press Releases

    Fastest customizable press release news feed in the world

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    • AM Best Removes From Under Review with Developing Implications and Takes Various Credit Rating Actions on American National Insurance Company and Most of Its Affiliates

      AM Best has removed from under review with developing implications and downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to "a" (Excellent) from "a+" (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of American National Insurance Company (ANICO) and its affiliates, American National Life Insurance Company of Texas and American National Life Insurance Company of New York (Glenmont, NY). These companies are referred to collectively as the American National Group (ANG). In addition, AM Best has removed from under review with developing implications and downgraded the Long-Term ICR to "a" (Excellent) from "a+" (Excellent) and affirmed the FSR of A (Exc

      11/27/24 11:43:00 AM ET
      $AEL
      Life Insurance
      Finance
    • AM Best Places Credit Ratings of North End Re (Cayman) SPC Under Review With Developing Implications

      AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of North End Re (Cayman) SPC (Cayman Islands) (NERC). Following the recent closure of Brookfield Reinsurance Ltd.'s (NYSE:BNRE, BNRE.A])) acquisition of American Equity Investment Life Holding Company (AEL) (NYSE:AEL), the strategy for subsidiary NERC is under review by AM Best. In 2021, prior to the acquisition, NERC entered into a reinsurance agreement with AEL affiliate American Equity Investment Life Insurance Company, whereby NERC agreed to assume up to $10 billion of fixed deferred annuities. NERC has managed the assu

      5/9/24 10:33:00 AM ET
      $AEL
      $BNRE
      Life Insurance
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      Property-Casualty Insurers
    • IAC Set to Join S&P SmallCap 600

      NEW YORK, May 1, 2024 /PRNewswire/ -- IAC Inc. (NASD: IAC) will replace American Equity Investment Life Holding Company (NYSE:AEL) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, May 6. Brookfield Reinsurance (TSX:BNRE) is acquiring American Equity Investment Life Holding Company in a deal expected to be completed prior to the open on May 3. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector May 6, 2024 S&P SmallCap 600 Addition IAC IAC Communication Services S&P SmallCap 600 Deletion American Equity Investment Life Holdings AEL Fin

      5/1/24 6:45:00 PM ET
      $AEL
      $BNRE
      $IAC
      $SPGI
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      Property-Casualty Insurers
      Computer Software: Programming Data Processing
    • Brookfield Reinsurance and AEL Announce Expected Closing Date for Brookfield Reinsurance's Acquisition of AEL

      Brookfield Reinsurance ((NYSE, TSX:BNRE) and American Equity Investment Life Holding Company (NYSE:AEL) ("AEL") today announced that the previously announced acquisition of AEL by Brookfield Reinsurance is expected to close following the close of market on May 2, 2024. About AEL 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 deliv

      4/30/24 5:31:00 PM ET
      $AEL
      $BNRE
      Life Insurance
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      Property-Casualty Insurers
    • Adams Street Partners Raises $1 Billion for First Middle Market CLO

      Middle market private credit vehicle structured in partnership with American Equity Investment Life Insurance Company The Private Credit team of Adams Street Partners, LLC ("Adams Street"), a private markets investment firm with more than $58 billion in assets under management, today announced the final closing of a $1 billion middle market collateralized loan obligation ("CLO"), ASP Summa. The CLO is a first for Adams Street and was structured in partnership with American Equity Investment Life Insurance Company ("American Equity Life") (NYSE:AEL), a leading issuer of fixed index annuities. ASP Summa was comprised of a high-conviction portfolio of senior loans issued by private equity

      4/9/24 9:00:00 AM ET
      $AEL
      Life Insurance
      Finance
    • Hearing Date Set for Brookfield Reinsurance Acquisition of AEL

      BROOKFIELD, NEWS, March 13, 2024 (GLOBE NEWSWIRE) -- Brookfield Reinsurance ((NYSE, TSX:BNRE) today announced that the Iowa Insurance Division has confirmed a hearing date of April 5, 2024 for the Brookfield Reinsurance acquisition of American Equity Investment Life Holding Company (NYSE:AEL) ("AEL"). Sachin Shah, CEO of Brookfield Reinsurance said, "We are excited to move toward closing this transaction and begin the work of building AEL into a leader in the U.S. annuity markets. We look forward to working with all stakeholders to drive the business forward, and to make a positive impact in the Des Moines community and on AEL's policyholders and employees." Brookfield Reinsurance and AE

      3/13/24 3:42:53 PM ET
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    • American Equity Reports Record $7+ Billion Annual FIA Sales and Strong Financial Results to Cap a Historic 2023

      Company Highlights Fourth quarter 2023 net loss available to common stockholders of $(475.9) million, or $(6.04) per diluted common share compared to net income of $21.7 million, or $0.25 per diluted common share for fourth quarter 2022 restated for the adoption of Accounting Standards Update 2018-12 — more commonly known as Long Duration Targeted Improvements (LDTI) Full year 2023 net income available to common stockholders of $166.9 million, or $2.06 per diluted common share compared to net income of $1.9 billion, or $20.50 per diluted common for full year 2022 restated for the adoption of LDTI Non-GAAP operating income available to common stockholders1 for the fourth quarter a

      2/14/24 4:15:00 PM ET
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    • American Equity Declares 1st Quarter 2024 Preferred Stock Dividend

      American Equity Investment Life Holding Company (NYSE:AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the "Series A Preferred Stock"), which is represented by depositary shares, each representing a 1/1,000th interest in a share of Series A Preferred Stock (the "Series A Depositary Shares"), the Board of Directors has declared a cash dividend of $371.8750000 per share of Series A Preferred Stock (equivalent to $0.371875000 per Series A Depositary Share). The dividend will be payable on March 1, 2024 to Series A Preferred Stock shareholders of record as of February 15, 2024. Depositary receipts for the Series A Pr

      2/1/24 4:15:00 PM ET
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    • American Equity Celebrates 20th Anniversary of NYSE Listing

      Rings NYSE Opening Bell to Commemorate Milestone on Friday, December 8th 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 20th 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

      12/8/23 7:30:00 AM ET
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    • American Equity Reports Record Non-GAAP Operating ROE1 and FIA Sales as the AEL 2.0 Strategy Delivers with 25% Allocation to Private Assets and Nearly 20% "Fee-Earning" Reinsured Balances

      Company Highlights Third quarter 2023 net income available to common stockholders of $465.2 million, or $5.82 per diluted common share compared to net income of $434.0 million, or $4.90 per diluted common share for third quarter 2022 restated for the adoption of Accounting Standards Update 2018-12 — more commonly known as Long Duration Targeted Improvements or LDTI Non-GAAP operating income available to common stockholders1 for the third quarter 2023 was $195.5 million, or $2.45 per diluted common share; Notable items2 positively impacted results in the quarter by $21.0 million, or $0.26 per share, after-tax On a trailing twelve-month basis, GAAP return on equity of 47.3% and non

      11/7/23 4:15:00 PM ET
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    American Equity Investment Life Holding Company Leadership Updates

    Live Leadership Updates

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    • IAC Set to Join S&P SmallCap 600

      NEW YORK, May 1, 2024 /PRNewswire/ -- IAC Inc. (NASD: IAC) will replace American Equity Investment Life Holding Company (NYSE:AEL) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, May 6. Brookfield Reinsurance (TSX:BNRE) is acquiring American Equity Investment Life Holding Company in a deal expected to be completed prior to the open on May 3. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector May 6, 2024 S&P SmallCap 600 Addition IAC IAC Communication Services S&P SmallCap 600 Deletion American Equity Investment Life Holdings AEL Fin

      5/1/24 6:45:00 PM ET
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      Computer Software: Programming Data Processing
    • American Equity Continues Board Refresh with Appointment of Mike Hayes to Its Board of Directors

      American Equity Investment Life Holding Company ("American Equity") (NYSE:AEL), a leading provider of financial dignity solutions through general account annuities, today announced the appointment of Mike Hayes to its Board as an independent director. Following the appointment of Mr. Hayes, the Board will be comprised of 10 directors, eight of whom are independent. "I am pleased to welcome Mike Hayes to the American Equity Board. Mike brings significant operating experience in both the financial services and technology industries, as well as a strong track record of designing and overseeing operations to drive best-in-class customer value propositions and strategic execution," said David

      4/4/23 7:12:00 PM ET
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    • Brookfield Reinsurance Announces Third Quarter Results, Regular Distribution and Appointment of Directors

      BROOKFIELD, NEWS, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Reinsurance Partners Ltd. ("Brookfield Reinsurance") ((NYSE, TSX:BAMR) today announced financial results for the quarter ended September 30, 2021. Sachin Shah, CEO of Brookfield Reinsurance, stated, "We continue to make significant progress in advancing our priorities with a focus on executing our previously announced transactions. Since we last reported, we have closed on a number of reinsurance and pension risk transfer opportunities, increasing our assets under management to $8 billion. Through our strategic partnership with Brookfield, we have successfully redeployed a significant portion of th

      11/11/21 6:55:00 AM ET
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    • American Equity Appoints Dewayne Lummus as Chief Accounting Officer

      American Equity Investment Life Holding Company® (NYSE:AEL) (American Equity) announced today that its Board of Directors has appointed Dewayne Lummus Senior Vice President and Chief Accounting Officer, effective November 30, 2021. Scott Samuelson will transition into a new role as Controller for American Equity's Insurance and Reinsurance business, including all related transactions. "We are thrilled to welcome Dewayne to our team," said Axel André, Chief Financial Officer of American Equity. "We feel his depth of experience guiding strategic finance initiatives will help shape American Equity as we continue executing on tactical and financial priorities during this transformational perio

      11/5/21 4:15:00 PM ET
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    • Brookfield Appoints Michael McRaith Vice Chairman of Insurance Solutions Business

      BROOKFIELD NEWS, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Brookfield today announced the appointment of Michael McRaith as Vice Chair of its Insurance Solutions business. In this newly created role, Mr. McRaith will participate in all aspects of Brookfield's global insurance operations. Brookfield's Insurance Solutions business is focused on providing capital and investment solutions that match assets and liabilities for the benefit of policyholders and other stakeholders. Leveraging Brookfield's extensive expertise and capacity across real estate, infrastructure, renewable power and private credit, Insurance Solutions partners with leading insurers to develop portfolios with high-quality inve

      10/28/21 9:00:00 AM ET
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