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American National Insurance Company

7,918 bytes added, 02:08, 21 October 2018
/* Financial ratings<ref name=nasdaq1>{{cite web|url=http://www.nasdaq.com//aspxcontent/newsstory.aspx?selected=ANAT&symbol=ANAT&textpath=20080513%5CACQBIZ200805131037BIZWIRE%5FUSPR%5F%5F%5F%5F%5FBW6059%2Ehtm&cdtime=05%2F13%2F2008+10%3A37AM|work=NAS
{{Infobox company
| name = American National Insurance Company, Inc
| logo = American National Insurance Company Logo.png
| logo_size =
| type = [[Public company|Public]]
| traded_as = {{NASDAQ|ANAT}}<br>[[Russell 1000 Index|Russell 1000 Component]]
| company_slogan =
| foundation = 1905
| location = [[One Moody Plaza]]<br />[[Galveston, Texas]], [[United States|U.S.]]
| key_people = Ross Rankin Moody, Chairman of the Board<br/>James Pozzi, President & CEO |

num_employees = 3,078<ref>http://anico.com/cs/groups/public/documents/webassets/prodcont_024047.pdf</ref>
| industry = [[Insurance]] [[Financial Services]]
| products = [[Insurance]] [[Annuity (US financial products)|Annuities]] [[mutual fund]]s [[Financial products|Financial Products]]
| revenue = {{profit}}[[United States Dollar|US$]]3.12 Billion <small>(''FY 2013'')</small><ref name="anico.com">http://anico.com/cs/groups/public/documents/webassets/prodcont_024045.pdf</ref>
| net_income = {{profit}}[[United States Dollar|US$]]268 Million <small>(''FY 2013'')</small><ref name="anico.com"/>
| assets = {{increase}}[[United States Dollar|US$]]23.3 Billion <small>(''FY 2013'')</small><ref name="anico.com"/>
| equity = {{increase}}[[United States Dollar|US$]]4.2 Billion <small>(''FY 2013'')</small><ref name="anico.com"/>
| homepage = [http://www.americannational.com www.americannational.com]
}}
'''American National Insurance Company''' ('''ANICO''') is a major [[United States|American]] [[insurance]] [[corporation]] based in [[Galveston, Texas]]. The company and its subsidiaries operate in all 50 U.S. states and [[Puerto Rico]].<ref>{{cite web|url=http://www.hoovers.com/global/cobrands/nasdaq/factsheet.xhtml?ID=12603|work=Hoover's|author=Newton, Nell|title=American National Insurance Company|accessdate=2011-03-01}}</ref>

==Company description==
American National was founded in 1905 by Galveston businessman [[William Lewis Moody, Jr.]] Today the company offers a wide array of insurance products and services including life insurance, [[Annuity (finance theory)|annuities]], health insurance, property and casualty insurance, [[payment protection insurance|credit insurance]], and pension plan services. Through its subsidiary, ANREM, the company founded and developed the large-scale housing development, South Shore Harbour, in [[League City, Texas]].<ref name=chron1>{{cite news|url=http://www.chron.com/CDA/archives/archive.mpl?id=1991_784010|work=[[Houston Chronicle]]|title=League City site in midst of boom/South Shore Harbour is hot|author=Bivins, Ralph|date=1991-05-19|accessdate=2011-02-25}}</ref>

Although a [[public company|publicly traded company]], the majority of the stock continues to be controlled by the Moody family through the [[Moody Foundation]] and Libby Shearn Moody Trust, which are administered by the [[Trust company|trust department]] of the family owned [[Moody National Bank]].<ref name=nasdaq2>{{cite web|url=http://www.nasdaq.com/asp/Holdings.asp?mode=&kind=&timeframe=&intraday=&charttype=&splits=&earnings=&movingaverage=&lowerstudy=&comparison=&index=&symbol=ANAT&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=holdingssummary&selected=ANAT|work=[[NASDAQ]]|title=NASDAQ Ownership Summary for ANAT}}</ref><ref>{{cite web|url=http://www.moodyf.org/downloads/annual-financials-2004-5.pdf |archive-url=https://web.archive.org/web/20090529203656/http://www.moodyf.org/downloads/annual-financials-2004-5.pdf |dead-url=yes |archive-date=2009-05-29 |work=Moody Foundation |title=Moody Foundation 2005 Annual Report }}</ref><ref>{{cite web|url=https://www.sec.gov/Archives/edgar/data/904163/000109690602000701/0001096906-02-000701.txt|work=Securities and Exchange Commission|title=ANICO General statement of beneficial ownership filing}}</ref><ref>{{cite web|url=http://www.secinfo.com/dREkr.33.a.htm|work=Securities and Exchange Commission|title=American National Variable Annuity Separate Account, Actuary Consent Filing}}</ref>

==Financial ratings<ref name=nasdaq1>{{cite web|url=http://www.nasdaq.com//aspxcontent/newsstory.aspx?selected=ANAT&symbol=ANAT&textpath=20080513%5CACQBIZ200805131037BIZWIRE%5FUSPR%5F%5F%5F%5F%5FBW6059%2Ehtm&cdtime=05%2F13%2F2008+10%3A37AM|work=NASDAQ|title=NASDAQ Company News}}</ref>==
American National is subject to insurance regulation and examination by all 50 states as well as federal entities like the [[U.S. Securities and Exchange Commission]] (SEC) and [[Federal Trade Commission]]. In addition, its records are audited by [[KPMG]] as well as the major financial rating agencies. The ratings reflect the company's capitalization, operating performance and [[liquidity]]. American National was listed in Forbes Magazine in its "100 Most Trustworthy Financial Companies"<ref>https://globenewswire.com/news-release/2017/08/01/1065639/0/en/American-National-named-to-Forbes-2017-Most-Trustworthy-Financial-Companies-List.html</ref> list for 2009 & 2017.

* [[A. M. Best]] Company: A (Excellent)<ref name="anico.com1">{{cite web|url=http://anico.com/InvestorRelations/Ratings/index.htm |title=American National Insurance Company's Ratings |publisher= |deadurl=yes |archiveurl=https://web.archive.org/web/20150206050546/http://anico.com/InvestorRelations/Ratings/index.htm |archivedate=2015-02-06 |df= }}</ref>
* [[Standard and Poor's]]: A (Excellent)<ref name="anico.com1"/>

==Subsidiaries<ref>[http://www.anico.com/aff_companies.dhtml Affiliated Companies<!-- Bot generated title -->] {{webarchive|url=https://web.archive.org/web/20080424042032/http://www.anico.com/aff_companies.dhtml |date=2008-04-24 }}</ref>==
* [[Farm Family Casualty Insurance Company]][http://www.farmfamily.com]
* [[United Farm Family Insurance Company]][http://www.farmfamily.com]
* [[Standard Life and Accident Insurance Company]][http://www.slaico.com]
* [[Garden State Life Insurance Company]]
<!-- American National has sold its holdings in Mexico as of 2008 -->
* [[American National Life Insurance Company of Texas]]
* [[American National Life Insurance Company of New York]][https://www.americannational.com/wps/portal/amnat/about/american+national+life+insurance+company+of+new+york+]

==Corporate governance==

===Board of directors<ref>[http://anico.com/cs/groups/public/@anpub/@ancom/documents/webassets/anicocom_directors.pdf]</ref>===
*Robert L. Moody (Chairman Emeritus)
*Ross R. Moody (Chairman of the Board)
*James E. Pozzi (President and Chief Executive Officer)
*William C. Ansell
*James P. Payne
*Arthur O. Dummer
*Frances A. Moody-Dahlberg
*E.J. "Jere" Pederson
*James D. Yarbrough

===Advisory directors<ref>[https://www.americannational.com/wps/wcm/connect/americannational/962d5eb1-e892-4b47-a527-7c0148347c48/BOD-2017.pdf?MOD=AJPERES&CONVERT_TO=url&CACHEID=ROOTWORKSPACE.Z18_M2M0HJ01LG8QD0APPS6TVN3FI7-962d5eb1-e892-4b47-a527-7c0148347c48-lLEsSyq]</ref>===
*Irwin M. Herz, Jr.
*R. Eugene Lucas
*[[E. Douglass McLeod]]
*Robert L. Moody, Jr.
*Russell S. Moody

===Former directors===
*[[Shearn Moody, Jr.]]
*[[Mary Moody Northen]]

== See also ==
{{Portal|Houston|Companies}}
*[[Free State of Galveston]]
*[[Galveston, Texas]]
*[[Moody Foundation]]
*[[Moody Gardens]]
*[[Moody National Bank]]
*[[National Western Life]]

==References==
{{Reflist}}

== External links ==
* {{Official website|http://www.anico.com/}}

{{Galveston, Texas}}

{{coord|29.307|-94.7899|type:landmark_region:US-TX|display=inline,title}}

{{NASDAQ Financial-100}}

[[Category:Buildings and structures in Galveston, Texas]]
[[Category:1905 establishments in Texas]]
[[Category:Financial services companies established in 1905]]
[[Category:Companies based in Galveston, Texas]]
[[Category:Companies listed on NASDAQ]]
[[Category:Insurance companies of the United States]]
[[Category:Life insurance companies]]
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