$AEL News

Last published 1y ago

1y agoAEL RGA WKJAB Insurance Names Jin Chang as PartnerBusiness WireStrengthens Team with Senior Hires and Announces Formation of Independent Board JAB Insurance today announced that Jin Chang will join the firm in July as a Partner, bringing more than 30 years of insurance
1y agoAELAM Best Removes From Under Review with Developing Implications and Takes Various Credit Rating Actions on American National Insurance Company and Most of Its AffiliatesBusiness WireAM 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
2y agoAEL BNREAM Best Places Credit Ratings of North End Re (Cayman) SPC Under Review With Developing ImplicationsBusiness WireAM 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)
2y agoAEL BNREBrookfield Reinsurance Completes Acquisition of AELGlobeNewswireBROOKFIELD, NEWS, May 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Reinsurance ((NYSE, TSX:BNRE, BNRE.A)) and American Equity Investment Life Holding Company (NYSE:AEL) ("AEL") today announced the completion of Brookfield
2y agoAEL SPGIIAC Set to Join S&P SmallCap 600PR NewswireIAC Inc. (NASD: IAC) will replace American Equity Investment Life Holding Company (NYSE: AEL) in the S&P SmallCap 600 effective prior to the opening...
2y agoAEL BNRE TSX:BAM TSX:BN+1Brookfield Reinsurance and AEL Announce Expected Closing Date for Brookfield Reinsurance's Acquisition of AELBusiness WireBrookfield 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
2y agoAELAdams Street Partners Raises $1 Billion for First Middle Market CLOBusiness WireMiddle 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
2y agoAEL BNREHearing Date Set for Brookfield Reinsurance Acquisition of AELGlobeNewswireBROOKFIELD, 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
2y agoAEL TSX:BNREAmerican Equity Reports Record $7+ Billion Annual FIA Sales and Strong Financial Results to Cap a Historic 2023Business WireCompany 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
2y agoAELAmerican Equity Declares 1st Quarter 2024 Preferred Stock DividendBusiness WireAmerican 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"),
2y agoAELAmerican Equity Celebrates 20th Anniversary of NYSE ListingBusiness WireRings 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
3y agoAEL TSX:BNREAmerican 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 BalancesBusiness WireCompany 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
3y agoAELAmerican Equity Declares 4th Quarter 2023 Preferred Stock DividendBusiness WireAmerican 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"),
3y agoAEL TSX:BNREAmerican Equity Announces Record Total Enterprise Sales1 of $2.2 Billion in Third Quarter and Expected Date of Third Quarter 2023 Earnings ResultsBusiness WireAmerican 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
3y agoAEL BN BNRE BPYPP+1Billboard Near Insurance Regulator Warns Against Brookfield's Potential Takeover of American Equity Life Insurance, Citing UNITE HERE ReportBusiness WireUNITE HERE launched a billboard today warning customers of American Equity Investment Life Insurance Company (NYSE:AEL), that it may be purchased by the Bermuda-based affiliate of Brookfield (NYSE:BN). Brookfield has
3y agoAELAmerican Equity Investment Life Holding Company Investors: Robbins LLP Reminds Shareholders it is Investigating AELGlobeNewswireSAN DIEGO, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP is investigating American Equity Investment Life Holdings Company (NYSE:AEL) to determine whether certain American Equity Investment
3y agoAEL BAM BN BNREUNITE HERE launches website compiling evidence of Brookfield's defaulted and distressed commercial real estate for stakeholders, regulators and the publicBusiness WireUNITE HERE launched a new website, www.BrookfieldRealEstateWoes.org, on August 24, 2023, as a resource for regulators, members of the public, and other stakeholders who may be concerned about the dozens of headlines
3y agoAELAM Best Places Credit Ratings Under Review With Developing Implications for American Equity Investment Life Insurance Company and Its SubsidiariesBusiness WireAM 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
3y agoAEL TSX:BNREAmerican Equity Reports Further Growth in Both Earnings and Sales Momentum as Private Asset Allocation Ramps to 25%Business WireCompany 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
3y agoAEL BAM BN BNREUNITE HERE Calls on Department of Labor to Update Guidance on Pension Risk Transfer, Highlights Recent Activity of Brookfield Reinsurance as Latest ReasonBusiness WireIn a public comment submitted to the Department of Labor's Employee Benefits Security Administration (EBSA) on July 10, 2023, UNITE HERE called for a modernization of the current guidance for pension plan fiduciaries on
3y agoAEL TSX:BNREAmerican Equity Announces Second Quarter 2023 Total Sales1 of $2 Billion and Expected Date of Second Quarter 2023 Earnings ResultsBusiness WireAmerican Equity Investment Life Holding Company (NYSE:AEL) ("AEL") today announced that its second-quarter 2023 sales totaled $2 billion, the majority of which were in fixed index annuities. AEL also announced that it
3y agoAEL AJX IMNM WMCMoore Kuehn Encourages IMNM, WMC, AEL, and AJX Investors to Contact Law FirmGlobeNewswireNEW YORK, July 10, 2023 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the
3y agoAELAM Best Comments on Credit Ratings of American Equity Investment Life Insurance Company and Its Subsidiaries Following Acquisition AnnouncementBusiness WireAM 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
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3y agoAEL AELPRA AELPRB BNREBrookfield Reinsurance to Acquire AEL in $4.3 Billion TransactionGlobeNewswireBROOKFIELD, NEWS, July 05, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance ((NYSE, TSX:BNRE) and American Equity Investment Life Holding Company (NYSE:AEL) ("AEL") today announced that they have entered into a
3y agoAEL AELPRA AELPRB BNRE+3Brookfield Reinsurance to Acquire AEL in $4.3 Billion TransactionBusiness WireBrookfield 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
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3y agoAEL TSX:BAMAEL Confirms Receipt of Acquisition Proposal From Brookfield ReinsuranceBusiness WireAmerican Equity Investment Life Holding Company ("American Equity") (NYSE:AEL), a leading issuer of fixed index annuities (FIAs), today issued the following statement regarding the acquisition proposal it received from
3y agoAEL BN BNREBrookfield Reinsurance Submits Proposal to Acquire AEL for $4.3 BillionGlobeNewswireBROOKFIELD, NEWS, June 27, 2023 (GLOBE NEWSWIRE) -- Brookfield today announced that following close of markets on June 26, 2023, Brookfield Reinsurance ((NYSE, TSX:BNRE) delivered a letter to the board of directors of
3y agoAELAmerican Equity Investment Life Holding Company (AEL) Q1 2023 Earnings Call TranscriptEarnings Call Transcripts
3y agoAELAmerican Equity Reports Strong Earnings Driven by Ramping Private Asset Allocation to 24% while Growing Total Sales to $1.4 BillionBusiness WireCompany 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
3y agoAEL BNRE TSX:BNREAM Best Affirms Credit Ratings of North End Re (Cayman) SPCBusiness WireAM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" (Excellent) of North End Re (Cayman) SPC (NER Cayman) (Cayman Islands). The
3y agoAELAmerican Equity Schedules First Quarter 2023 Earnings Release, Conference Call and WebcastBusiness WireAmerican 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
3y agoAELAmerican Equity Continues Board Refresh with Appointment of Mike Hayes to Its Board of DirectorsBusiness WireAmerican 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
3y agoAELAmerican Equity Announces $200 Million Accelerated Share Repurchase AgreementBusiness WireAmerican Equity Investment Life Holding Company ("American Equity") (NYSE:AEL), a leading issuer of fixed index annuities (FIAs), today announced that it has entered into an accelerated share repurchase agreement
3y agoAELProsperity Withdraws Proposal to Acquire American EquityBusiness WireToday, Prosperity Group Holdings LP ("Prosperity") issued the following statement, regarding its proposal to acquire the common shares of American Equity Investment Life Holding Company ("American Equity")
3y agoAELAmerican Equity Ramps Private Asset Allocation to 22% and Achieves Close to $10 billion in Fee-Generating Reinsurance Balances in Fourth Quarter 2022Business WireCompany 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
3y agoAELAmerican Equity Declares 1st Quarter 2023 Preferred Stock DividendsBusiness WireAmerican 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"),
3y agoAELAmerican Equity Schedules Fourth Quarter 2022 Earnings Release, Conference Call and WebcastBusiness WireAmerican 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
3y agoAELProsperity Issues Response to AELBusiness WireProsperity Group Holdings LP ("Prosperity") today released the following statement: Yesterday, American Equity Investment Life Holding Company ("AEL" or the "Company") (NYSE:AEL) released a statement regarding
3y agoAELAmerican Equity Rejects Unsolicited Acquisition Proposal from Prosperity Group Holdings LP and Elliott Investment Management L.P.Business WireBoard of Directors Unanimously Concluded Proposal Significantly Undervalues AEL and Its Value Creation Potential American Equity Investment Life Holding Company ("American Equity") (NYSE:AEL), a leading provider of
3y agoAELAmerican Equity to Hold Investor Symposium on Wednesday, December 7, 2022Business WireAmerican Equity Investment Life Holding Company ("American Equity") (NYSE:AEL), a leading provider of financial dignity solutions through general account annuities, is pleased to announce that it will be holding an
4y agoAELAEL Board Approves Additional $400 Million Share Buyback Authorization With Continued Execution Of AEL 2.0 StrategyBusiness WireAmerican Equity Investment Life Holding Company (NYSE:AEL) announced today that its Board of Directors has put in place an additional $400 million common stock buyback authorization consistent with the continued
4y agoAELAmerican Equity Announces Strategic Partnership With 26NorthBusiness WireAmerican Equity to Acquire Strategic Equity Stake in 26North; Anant Bhalla to Join 26North Board of Directors 26North Reinsures $4.3 Billion of GAAP Reserves of American Equity Fixed Indexed Annuity
4y agoAELAmerican Equity Reports Strong Earnings Driven by Continued Execution of AEL 2.0 Strategy with Private Asset Allocation Growing to 18.4%Business WireCompany 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
4y agoAELAmerican Equity Recognized for Award-Winning Customer Satisfaction Among Annuity Providers in the U.S. by J.D. PowerBusiness WireAmerican Equity Investment Life Holding Company® (NYSE:AEL) is proud to announce its subsidiary American Equity Investment Life Insurance Company®, a leader in the sale of fixed index annuities, has been
4y agoAELAmerican Equity Declares 4th Quarter 2022 Preferred Stock DividendsBusiness WireAmerican 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"),
4y agoAELAmerican Equity Schedules Third Quarter 2022 Earnings Release, Conference Call and WebcastBusiness WireAmerican 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
4y agoAELAM Best Affirms Credit Ratings of American Equity Investment Life Insurance Company and Its SubsidiariesBusiness WireAM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-" (Excellent) of American Equity Investment Life Insurance Company (AEILIC) and its subsidiaries, American Equity In