American National Group Inc

For the period ended Jun 30, 2024. Filed Aug 14, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 14, 2024

ANG-PD$22.01-2.6%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations (unaudited)

CONSOLIDATED STATEMENTS OF OPERATIONS

	Three Months EndedJune 30,		Six Months EndedJune 30,
	2024	2023	2024	2023
Net premiums	$1,005	$1,002	$2,149	$1,783
Other policy revenue	184	103	296	200
Net investment income	924	342	1,372	666
Investment related gains (losses)	2	41	(32)	(20)
Total revenues	2,115	1,488	3,785	2,629
Policyholder benefits and claims incurred	1,030	989	2,116	1,689
Interest sensitive contract benefits	390	116	545	205
Amortization of deferred policy acquisition costs, deferred sales inducements and value of business acquired	199	132	360	263
Change in fair value of insurance-related derivatives and embedded derivatives	21	(26)	2	—
Change in fair value of market risk benefits	139	(12)	158	(7)
Operating expenses	335	148	438	303
Interest expense	43	22	65	46
Total benefits and expenses	2,157	1,369	3,684	2,499
Net income (loss) before income taxes	(42)	119	101	130
Income tax expense (benefit)	(289)	21	(260)	19
Net income	247	98	361	111
Less: Net income (loss) attributable to noncontrolling interests	3	(3)	4	2
Net income attributable to American National Group Inc.	$244	$101	$357	$109

ContentsView on SEC.gov

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