American National Insurance Company

American National Insurance Company

Infobox_Company
company_name = American National Insurance Company, Inc
company_
company_type = Public (nasdaq|ANAT)
company_slogan =
foundation = 1905
location = One Moody Plaza, Galveston, Texas
key_people = Robert L. Moody, Chairman & CEO
num_employees = 3,094 [ [http://www.chron.com/databases/chron100-largestemployers.html Houston Chronicle: 100 Largest Employers in the Houston Area] ]
industry = Insurance Financial Services
products = Insurance Annuities mutual funds Financial Products
revenue = profit $3.071 billion USD (2007) [ [http://www.anico.com/Investor%20Relations/pdfs/ANICO4Q2007Earnings.pdf American National 2007 Annual Results] ]
net_income =profit $240.773 million USD (2007) [ [http://www.anico.com/Investor%20Relations/pdfs/ANICO4Q2007Earnings.pdf American National 2007 Annual Results] ]
homepage = [http://www.anico.com www.anico.com]

American National Insurance Company (NASDAQ|ANAT) is a major American insurance corporation based in Galveston, Texas. The company and its subsidiaries operate in all 50 U.S. states, the District of Columbia, Puerto Rico, and American Samoa. Through its subsidiary, American National de México, Compañía de Seguros de Vida, it provides products and services in Mexico. [ [http://www.hoovers.com/global/cobrands/nasdaq/factsheet.xhtml?ID=12603 Hoover's] ]

Company description

American National was founded in 1905 by Galveston businessman William L. Moody, Jr.. Today the company offers a wide array of insurance products and services including life insurance, annuities, health insurance, property and casualty insurance, credit insurance, and pension plan services. Mutual funds and other securities products are distributed through its broker-dealer subsidiary, Securities Management and Research, Inc.

Although a publicly traded company, the majority of the stock continues to be controlled by the Moody family through foundations and trusts administered by the trust department of the family owned Moody National Bank. [ [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 NASDAQ Ownership Summary for ANAT] ] [ [http://www.moodyf.org/downloads/annual-financials-2004-5.pdf Moody Foundation 2005 Annual Report] ]


=Financial ratings [ [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 NASDAQ Company News] ] =

American National is subject to insurance regulation and examination by all 50 states as well as federal entities like the SEC and FTC. 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.

* A. M. Best Company: A+ (Superior)
* Standard and Poor's: AAA (Very Strong)

ubsidiaries [ [http://www.anico.com/aff_companies.dhtml Affiliated Companies ] ]

* American National Property And Casualty Company [http://www.anpac.com]
* Farm Family Companies [http://www.farmfamily.com]
** Farm Family Casualty Insurance Company
* Standard Life and Accident Insurance Company [http://www.slaico.com]
* Garden State Life Insurance Company
* American National de México, Compañía de Seguros de Vida [http://www.anmex.com]
* American National Life Insurance Company of Texas
* Securities Management and Research, Inc. [http://www.smrinvest.com]

Corporate governance

Board of directors [ [http://www.anico.com/Investor%20Relations/pdfs/2007_AR_part3.pdf 2007 Annual Report] ]

*Robert L. Moody (Chairman and Chief Executive Officer)
*Frances Anne Moody-Dahlberg
*Russell S. Moody
*William L. Moody, IV
*G. Richard Ferdinandtsen (President and Chief Operating Officer)
*James D. Yarbrough
*Shelbey M. Elliot
*Frank P. Williamson
*Arthur O. Dummer
*Irwin M. Herz, Jr.
*R. Eugene Lucas
*E. Douglas McLeod

See also

*Moody Gardens
*Moody National Bank

External links

* [http://www.anico.com/ Official website]

References


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