AEL - Earnings announcements

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

Company Highlights Q1 2023 net loss available to common stockholders of $(166.9) million, or $(2.00) per diluted common share compared to net income of $668.5 million, or $6.83 per diluted common share for Q1 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 first quarter 2023 was $124.3 million, or $1.47 per diluted common share; Notable items2 negatively impacted results in the quarter by $9.6 million, or $0.11 per share, after-tax. On a trailing twelve-month basis GAAP return on equity of 30.1% and non-GAAP operating retu

American Equity Investment Life Holding Company (NYSE:AEL) announced today that it will release first quarter 2023 earnings and other financial results after the close of market on Monday, May 8. The first quarter earnings release and financial supplement will be posted on the American Equity IR website at https://ir.american-equity.com/ at that time. American Equity will hold a conference call on Tuesday, May 9, at 10:00 a.m. CT to discuss its first quarter financial results and its financial condition, business, investments, operations, and strategy. The call may also include forward-looking statements regarding future performance using terms such as believe, expect, intend, may, plan,

Company Highlights Q4 2022 net loss available to common stockholders of $(29.4) million, or $(0.34) per diluted common share compared to net income of $82.2 million, or $0.88 per diluted common share for Q4 2021 Non-GAAP operating income1 available to common stockholders for the fourth quarter 2022 was $67.9 million, or $0.79 per diluted common share; No notable items impacted results in the quarter Private asset deployment momentum continues with approximately $1.4 billion sourced in the quarter bringing total portfolio allocation to 22% Sequential quarterly FIA sales increase of 7% to $783 million Ceded $352 million of flow reinsurance to Brookfield Re and $4.3 billion of GA

American Equity Investment Life Holding Company (NYSE:AEL) announced today that it will release fourth quarter 2022 earnings and other financial results after the close of market on Thursday, February 16. The fourth quarter earnings release and financial supplement will be posted on the American Equity IR website at https://ir.american-equity.com/ at that time. American Equity will hold a conference call on Friday, February 17, at 10:00 a.m. CT to discuss its fourth quarter financial results and its financial condition, business, investments, operations, and strategy. The call may also include forward-looking statements regarding future performance using terms such as believe, expect, inte

Company Highlights Q3 2022 net income available to common stockholders of $301.7 million, or $3.41 per diluted common share compared to $141.9 million, or $1.53 per diluted common share for Q3 2021 Non-GAAP operating income1 available to common stockholders excluding notable items for the third quarter 2022 was $87.4 million, or $0.99 per diluted common share Only notable item this quarter, the annual actuarial update, positively impacted non-GAAP operating income1 by $26.6 million, or $0.30 per common diluted share American Equity Life ranked #1 annuity provider for Customer Satisfaction among Annuity Providers2 in the J.D. Power 2022 U.S. Individual Annuity Study Repurchased

American Equity Investment Life Holding Company (NYSE:AEL) announced today that it will release third quarter 2022 earnings and other financial results after the close of market on Monday, November 7, 2022. The third quarter earnings release and financial supplement will be posted on the American Equity IR website at https://ir.american-equity.com/ at that time. American Equity will hold a conference call on Tuesday, November 8, at 10:00 a.m. CDT to discuss its third quarter financial results and its financial condition, business, investments, operations, and strategy. The call may also include forward-looking statements regarding future performance using terms such as believe, expect, int

Company Highlights Q2 2022 net income available to common stockholders of $349.7 million, or $3.74 per diluted common share Non-GAAP operating income1 available to common stockholders for the second quarter 2022 was $91.1 million, or $0.98 per diluted common share Repurchased $189 million or 4.95 million common shares in Q2 2022 as we remain committed to our capital return plans even in the current macro-economic environment Private asset deployment momentum continues with approximately $1.4 billion sourced in the quarter Yield and investment spread expansion driven by strong residential real estate returns and floating rate assets American Equity Investment Life Holding Com

American Equity Investment Life Holding Company (NYSE:AEL) announced today that it will release second quarter 2022 earnings and other financial results after the close of market on Monday, August 8, 2022. The second quarter earnings release and financial supplement will be posted on the American Equity IR website at https://ir.american-equity.com/ at that time. American Equity will hold a conference call on Tuesday, August 9, at 10:00 a.m. CDT to discuss its second quarter financial results and its financial condition, business, investments, operations, and strategy. The call may also include forward-looking statements regarding future performance using terms such as believe, expect, inte

Company Highlights Q1 2022 net income available to common stockholders of $555.3 million, or $5.67 per diluted common share Non-GAAP operating income1 available to common stockholders for the first quarter 2022 was $89.9 million, or $0.92 per diluted common share Repurchased $253 million or 6.3 million common shares year-to-date as of April 30 Private asset deployment momentum continues with approximately $900 million sourced in the quarter American Equity and Brookfield's North End Re (Cayman) SPC expand reinsured products, providing additional flow business and accelerating path to $10 billion of ceded liabilities American Equity Investment Life Holding Company (NYSE:AEL),

American Equity Investment Life Holding Company (NYSE:AEL) announced today that it will release first quarter 2022 earnings and other financial results after the close of market on Wednesday, May 4, 2022. The first quarter earnings release and financial supplement will be posted on the American Equity website at www.american-equity.com at that time. American Equity will hold a conference call on Thursday, May 5, at 10:00 a.m. CT to discuss its first quarter financial results and its financial condition, business, investments, operations, and strategy. The call may also include forward-looking statements regarding future performance using terms such as believe, expect, intend, may, plan, st

Company Highlights Fourth quarter 2021 net income available to common stockholders of $82.2 million, or $0.88 per diluted common share; full year 2021 net income available to common stockholders of $430.3 million, or $4.55 per diluted common share Non-GAAP operating income1 available to common stockholders for the fourth quarter and full year 2021 was $75.8 million, or $0.81 per diluted common share, and $290.5 million, or $3.07 per diluted common share, respectively; fourth quarter 2021 and full year 2021 non-GAAP operating income available to common stockholders, excluding notable items1, of $97.1 million, or $1.04 per diluted common share, and $368.5 million, or $3.90 per diluted co

American Equity Investment Life Holding Company (NYSE:AEL) announced today that it will release fourth quarter and full-year 2021 earnings and other financial results after the close of market on Thursday, February 17, 2022. The fourth quarter earnings release and financial supplement will be posted on the American Equity website at www.american-equity.com at that time. American Equity will hold a conference call on Friday, February 18, at 8:00 a.m. CT to discuss its fourth quarter financial results and its financial condition, business, investments, operations, and strategy. The call may also include forward-looking statements regarding future performance using terms such as believe, expe

Company Highlights Third quarter 2021 net income available to common stockholders of $141.9 million, or $1.53 per diluted common share compared to net income available to common stockholders of $661.3 million, or $7.17 per diluted common share, for third quarter 2020 Third quarter 2021 non-GAAP operating income available to common stockholders, excluding notable items1, of $136.3 million, or $1.46 per diluted common share Only notable item this quarter, the annual actuarial update, negatively impacted non-GAAP operating income1 by $56.8 million, or $0.61 per diluted common share Closed industry re-defining reinsurance partnership with Brookfield Asset Management Re Signed agreemen

American Equity Investment Life Holding Company ("American Equity") (NYSE:AEL), announced today that it has closed its previously announced reinsurance transaction with North End Re (Cayman) SPC, a wholly owned subsidiary of Brookfield Asset Management Reinsurance Partners Ltd. ("Brookfield Reinsurance") ((NYSE, TSX:BAMR). Under the terms of the agreement, effective July 1, 2021 American Equity Investment Life Insurance Company ("American Equity Life"), one of American Equity's primary insurance subsidiaries, will cede up to $10 billion of liabilities including both in-force and new business flow to North End Re. Transaction Overview $10 billion of liabilities to be ceded which includes

American Equity Investment Life Holding Company (NYSE:AEL) announced today that it will release third quarter 2021 earnings after the close of market on Monday, November 8, 2021. The third quarter earnings release and financial supplement will be posted on the American Equity website at www.american-equity.com at that time. American Equity will hold a conference call on Tuesday, November 9, at 8:00 a.m. CT to discuss its third quarter financial results and its financial condition, business, investments, operations, and strategy. The call may also include forward-looking statements regarding future performance using terms such as believe, expect, intend, may, plan, strategy, will, or simila

Company Highlights Second quarter 2021 annuity sales of $1.2 billion driven by strong growth in fixed index annuity (FIA) sales Policyholder funds under management increased by 1.5% to $56.6 billion Deployed $569 million in private assets in the quarter as part of plans to ramp to 30% asset allocation over time Share repurchase of $95.1 million, fully offsetting dilution from 4Q 2020 Brookfield equity issuance Second quarter 2021 net loss available to common stockholders of $(65.6) million or $(0.69) per diluted common share compared to net loss available to common stockholders of $(253.4) million, or $(2.76) per diluted common share, for the second quarter of 2020 driven in both

American Equity Investment Life Holding Company (NYSE:AEL) announced today that it has changed the time of its conference call and webcast to discuss second quarter financial results, business, and operations, which will be released after the close of market on Thursday, August 5, 2021. AEL will hold a conference call on Friday, August 6, at 10:00 a.m. CT to discuss its second quarter financial results, business, and operations. The call may also include forward-looking statements regarding future performance. Conference Call Information Interested parties may listen to the call by dialing one of the following numbers: 855-865-0606 (Domestic) 704-859-4382 (International) Passcode: 51488