HOUSTON, Sept. 08, 2023 (GLOBE NEWSWIRE) — AM Best, an insurance company credit rating agency, recently honored American National Insurance Company with inclusion on its prestigious 2023 Best’s Review® “Standing the Test of Time” list. The 15th edition of the “Standing the Test of Time” list showcases insurance companies that have demonstrated decades-long financial strength.
American National has maintained at least an A rating for an impressive 82 consecutive years, and was one of only 19 U.S. life/health insurers recognized for having maintained Best’s Financial Strength Rating of A or higher for at least 75 years.
AM Best’s Financial Strength Rating is an independent opinion of an insurer’s financial strength and ability to meet its ongoing obligations to policyholders and clients. AM Best explains that the rating is based on a comprehensive evaluation of American National’s balance sheet strength, operating performance and business profile.
“With our teammates from across American National, along with the support from Brookfield Reinsurance, American National will long remain a financially strong and enduring company driven to provide excellent service to and be a source of certainty for our policyholders,” said Tim Walsh, CEO of American National.
“We are honored to be recognized by AM Best as a well-capitalized U.S. insurance company,” said Jon Bayer, Chairman, American National. “American National looks forward to building on its historic record of success for the next 75 years and beyond.”
ABOUT AMERICAN NATIONAL
American National is a group of companies writing a broad array of insurance products and services and operating in all 50 states. American National Insurance Company was founded in 1905 and is headquartered in Galveston, Texas. Life insurance, annuities, health insurance, credit insurance, pension products, and other products and services are written through multiple companies. Property and casualty insurance is written through American National Property And Casualty Company, Springfield, Missouri, and affiliates. In New York, business is written through Farm Family Casualty Insurance Company, United Farm Family Insurance Company, and American National Life Insurance Company of New York, Glenmont, New York. Not all products and services are available in all states. Not all companies are licensed in all states. Each company has financial responsibility for only the products and services it issues. For more information, please visit www.AmericanNational.com.
Contact: Scott Campbell
SVP, Corporate Communications
Scott.Campbell@AmericanNational.com
